Boeing signs 80 aircraft deal with Iran

Boeing and Iran formally signed a deal worth up to $16B today for 50 737s, and 30 777s. Both Boeing and Airbus received Treasury approval in September for their deals. The first aircraft will be delivered in 2018. The 737s are Max-8 aircraft, while the 777s are split between 15 -300ERs and 15 -9s. The agreement will support 100,000 jobs in the US across the aerospace industry supplying parts for the different aircraft.

State airline Iran Air says it has signed a deal to buy 80 passenger planes from US aircraft maker Boeing.
The 10-year deal includes 50 of the 737 MAX 8 aircraft, and 15 of the 777-300 ERs planes plus 15 777-9s jets.
It is the biggest US-Iran deal since the 1979 Islamic revolution.
Boeing confirmed that the deal was worth $16.6bn at current list prices, and had been approved by the US government. The first aircraft are scheduled for delivery in 2018.
"Today's agreement will support tens of thousands of US jobs directly associated with production and delivery of the 777-300ERs, and nearly 100,000 US jobs in the US aerospace value stream for the full course of deliveries," the company said.

www.bbc.com...

a reply to: Zaphod58


In your op ., OP - is this a ' timing thing ' ... post election ?
Or - would the announcement have been made , had Mrs . Clinton won ?

Seems like good thinking on Iran's part , with the perfect regional transport and the perfect global one ... good on Boeing

( and others ) . Just perfect ships for Iran .


I admit my question was sort of knee-jerk .

a reply to: Slakecontagia

They signed the MoU in June, and were largely waiting on Treasury approval. Once they had that, they could begin serious negotiations on price. The $16.6B is for list price, which most airlines don't pay. They negotiate discounts, and after coming to a final price, they sign the formal agreement, which is what happened today.

a reply to: Zaphod58

As said by Jefferson and echoed by Ron Paul, "peace, commerce, and honest friendship with all nations...entangling alliances with none”.

a reply to: gladtobehere

Its a good deal for the US workers IMHO. Look if Boeing does not sell them the air frames then they will get 100% of them from Airbus. As it stands now it will be a split deal. On an unrelated side note, I was lucky enough to fly on Iran Airs 747 SP from New York to Tehran in the late 70's. www.reuters.com...