Qatar Airways, the national carrier of Qatar, is in negotiation with both Airbus and Boeing regarding a significant wide-body aircraft order. This news comes as the airline embarks on its "Qatar Airways 2. 0" growth strategy, aiming to optimize its fleet and expand its global network.
Badr Al Meer, Chief Executive Officer of Qatar Airways, confirmed ongoing discussions with the two planemakers during the 80th International Air Transport Association's annual meeting held in Dubai. He acknowledged the accuracy of a Bloomberg report suggesting the airline's interest in Airbus A350 and Boeing 777X jets, but clarified that the reported order size of 200 aircraft was "off by, give or take, 30 percent. " Al Meer declined to specify whether the actual number was higher or lower.
This potential deal signifies Qatar Airways' commitment to fleet modernization and network expansion. Wide-body aircraft, known for their larger passenger capacity and extended range, are ideal for long-haul flights – a segment that Qatar Airways heavily invests in, boasting a network spanning over 160 destinations worldwide.
The airline's "Qatar Airways 2. 0" strategy focuses on streamlining its commercial operations, evaluating route profitability, and optimizing its fleet composition. Al Meer highlighted the challenges associated with maintaining a diverse fleet of seven different aircraft types, emphasizing the strain it places on maintenance, spare parts inventory, and crew training.
The potential acquisition aligns with this strategic vision. A streamlined fleet with fewer aircraft types would likely translate to cost reductions in maintenance and training, ultimately enhancing operational efficiency. Additionally, the introduction of new, fuel-efficient wide-body jets would contribute to Qatar Airways' environmental sustainability goals.
A final decision on the order is anticipated as early as next month's Farnborough International Airshow, a major aviation event held in the United Kingdom. The specific aircraft types and the final order quantity will depend on the outcome of ongoing negotiations with Airbus and Boeing.
Securing this substantial aircraft order would be a significant win for either Airbus or Boeing. The deal would not only generate substantial revenue but also solidify the winning manufacturer's position as a key partner for Qatar Airways' future growth.