Iran Air Signs Contract to Buy 80 Boeing Aircraft

Iran Air and Boeing signed an agreement for eighty aircraft, to be delivered to the airline over the next ten years. 

The 10-year deal includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billionat list prices.

The news comes as U.S. House of Representatives passed a bill in November that would block the sale of commercial aircraft to Iran, which would also affect sales by U.S. firm Boeing.

As a result of economic sanctions against Iran, Iran Air has been unable to expand and replace its fleet. In anticipation of a deal being reached for the lifting of sanctions, the chairman of Iran Air stated that the airline would then seek to obtain at least 100 widebody- and short-haul jets.

In January 2016, the Irani airline signed an agreement for 118 Airbus aircraft (21 Airbus A320s, 24 Airbus A320neos, 27 Airbus A330s, 18 Airbus A330-900neos, 16 Airbus A350-1000s and 12 Airbus A380s).

In June 2016, Iran Air officially announced that it was in talks with Boeing for a possible order “close in size to the 118 Airbus aircraft agreement”. On 21 June 2016 Boeing announced it has signed a tentative agreement to sell aircraft to Iran, in what would be one of the Islamic Republic’s biggest deals with a U.S. manufacturer since trade sanctions on Tehran were eased.

Iran Air’s current fleet includes the following aircraft types: A300, A310, A320, A321, ATR 72-600, Fokker 100, MD-82 and a Boeing 747-200F.

(image under CC BY-SA 3.0)

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