Qatar Airways signs Memorandum of Understanding with Gulfstream Aerospace Corp.
Georgia, October 16, 2014 (STAT):-Qatar Airways has signed a Memorandum of Understanding with Gulfstream Aerospace Corp for the purchase of up to 20 aircraft.
The Memorandum of Understanding establishes the initial agreement for Qatar Airways to order up to 20 Gulfstream aircraft, including firm orders and options for the all-new, wide-cabin G500 and the flagship G650ER. The Memorandum of Understanding marks the beginning of a new relationship between Qatar Airways and Gulfstream.
Mr. Akbar Al Baker, Group Chief Executive, Qatar Airways said, “Qatar Executive has been on an accelerated growth path since its inception and is held to an exceptional standard of quality that is widely known by our global clientele. In order to keep pace with the future strategic growth plans of our private jet division, the fleet is being expanded with aircraft that meet the needs of our guests, providing a wide range of options. The announcement of the Memorandum of Understanding for G650ERs and G500s signals a next step for Qatar Executive's relatively young and buoyant history."
“This agreement is evidence of the industry-leading performance of Gulfstream’s flagship aircraft, the G650ER, and of our commitment to deliver on the promises we have made for our new family of aircraft, which includes the G500. With their unmatched high-speed capabilities and class-leading cabin comfort, the G650ER and G500 will allow Qatar Airways to introduce a new level of service to their customers in the Middle East and abroad.” said Larry Flynn, president, Gulfstream.