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Trump Announces $14.5bn Etihad Deal for 28 Boeing Jets with GE Engines

Published 20 hours ago2 minute read

US President Donald Trump has announced more than $200 billion in US-UAE agreements, highlighted by a $14.5 billion Boeing and GE aerospace deal with Etihad Airways.

Etihad Airways confirmed that it will purchase 28 wide-body Boeing aircraft equipped with GE engines. The Abu Dhabi-based airline stated that the deal aligns with its strategy of modernising its fleet to meet evolving operational needs. The new aircraft are expected to enter service from 2028.

The White House previously announced that Boeing and GE had secured a commitment from Etihad to invest $14.5 billion in acquiring 28 Boeing 787 and 777X planes, powered by GE engines. Neither Boeing nor GE has commented on the agreement.

In a statement, the White House emphasised the significance of the investment, noting that the inclusion of the next-generation 777X aircraft strengthens the long-standing commercial aviation partnership between the UAE and the US, supporting American manufacturing and boosting exports.

Etihad Airways currently operates a fleet of approximately 100 aircraft. Chief Executive Officer Antonoaldo Neves stated last month that the airline plans to add 20 to 22 new planes this year, aiming to expand its fleet to over 170 aircraft by 2030 as part of Abu Dhabi’s economic diversification efforts.

As part of its expansion strategy, Etihad expects to receive 10 Airbus A321LRs, which commenced operations on Monday and are scheduled to enter service in August, along with six Airbus A350s and four Boeing 787s.

Etihad, owned by Abu Dhabi’s $225 billion wealth fund ADQ, has undergone significant restructuring in recent years but has continued to expand under Neves’ leadership.

Separately, Boeing secured its largest wide-body aircraft deal to date on Wednesday, as Qatar Airways placed firm orders for 160 jetliners with options to purchase 50 more. The deal, valued at $96 billion, was announced during President Trump’s visit to Qatar.

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