Boeing and Iran Air announce an agreement for 80 aircraft 

Boeing and Iran Air has announced an agreement today for 80 aircraft, including 50 B737 MAX 8s, 15 B777-300ERs and 17 B777-9s, valued at US$16.6 billion at list prices.

A render of a B777-9X. Copyright: Boeing
The airline has announced it will be buying all aircraft with a 50% discount. Making the order’s value drop down to approximately US$8.3 billion.

Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. Government license issued to Boeing in September.

Boeing coordinated closely with the U.S. Government throughout the process leading up to the sale and continues to follow all license requirements as it moves forward to implement the sales agreement.

Today’s agreement will support tens of thousands of U.S. jobs directly associated with production and delivery of the 777-300ERs and nearly 100,000 U.S. jobs in the U.S. aerospace value stream for the full course of deliveries. The first airplanes under this agreement are scheduled for delivery in 2018.

Boeing and its more than 13,600 U.S. supplier and vendor partners across all 50 states are proud to ensure America continues to lead in global aerospace and to create jobs and opportunities in communities across the nation. Boeing’s U.S. supply chain currently supports more than 1.5 million U.S. jobs.

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