Global Airport News
Qatar Airways will sign a USD$1.3 billion contract with Boeing on Wednesday to buy five 777 aircraft, Qatar's state news agency said in a statement.
The Gulf carrier will acquire five new 777s, adding to its current fleet of 97 aircraft which includes 25 Boeing 777s, QNA said.
Qatar, the world's largest exporter of liquefied natural gas, is building a new airport with the capacity to accommodate 50 million passengers per year.
Qatar Airways said in December it is planning to launch an initial public offering (IPO) in early 2012 after three consecutive years of profit.
