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Qatar Airways to launch First Class, as airline courts Airbus and Boeing for new planes - TL;DR CNBC

Qatar Airways to launch First Class, as airline courts Airbus and Boeing for new planes

Publishing timestamp: 2024-03-15 04:53:48


Summary

Qatar Airways is developing a new First Class concept and pursuing aircraft orders from Boeing and Airbus under new CEO Badr Mohammed Al Meer. The airline is also refreshing its strategy, redesigning its premium class seats, and seeking to enhance its service offering. The new aircraft order proposal follows a legal dispute with Airbus and ongoing issues at Boeing. Al Meer is focused on growth in key markets and addressing workplace practices within the airline. The strategy update comes as Qatar Airways faces competition from rival Gulf carriers and upstarts like Riyadh Air. Al Meer is looking to bring the airline into a new era, potentially considering an IPO in the future.


Sentiment: NEUTRAL

Tickers: BAAIR-FR

Keywords: airlinesboeing cobusiness newsbreaking news: businesstransportationworld economyaerospace and defense industryairbus se

Source: https://www.cnbc.com/2024/03/15/qatar-airways-to-launch-first-class-as-airline-courts-airbus-and-boeing-for-new-planes.html


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