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Boeing (BA, Financials) landed a $96 billion order from Qatar Airways during President Donald Trumps trip to the Middle East, giving the struggling jet maker a badly needed lift.
The deal, signed in Doha, includes up to 210 jets. Trump claimed it involved 160 aircraft worth more than $200 billion, but the White House later clarified the numbers.
Its a win for Boeing, which is still digging out from a 60% drop in orders, safety issues, and a long machinists strike.
But its not just about planes. Trump is also considering using a luxury Qatari-owned 747 as a temporary Air Force One. He says it would save taxpayer money. Critics say it could violate the Constitution and pose security risks.
Upgrading the jet could take years and cost over $1 billion, according to intelligence officials.
The Qatar stop also included a surprise: Trump said the country is helping mediate nuclear talks with Irana move he called the friendly option over war.
This article first appeared on GuruFocus.