PM Lee Hsien Loong, President Trump witness signing of Singapore Airlines-Boeing deal worth $19 billion

Tuesday, Oct 24, 2017

Prime Minister Lee Hsien Loong and President Donald Trump on Monday (Oct 23, US time) witnessed the signing of an agreement between Singapore Airlines and aircraft manufacturer Boeing to buy 39 aeroplanes, worth close to US$14 billion (S$19 billion).

Singapore Airlines CEO Goh Choon Phong and Boeing president and CEO Kevin McAllister signed the deal for SIA to buy 20 Boeing 777-9s and 19 787-10 Dreamliners over the next decade.

Mr Trump said the deal would create some 70,000 American jobs.

"We have a very large trading relationship with Singapore," he said. "I want to thank the Singaporean people for their faith in American engineering," he added.

The deal is a "win-win for both sides", PM Lee said, at a joint press conference with Mr Trump. It will further modernise SIA's fleet, and also support many American jobs, he added.

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