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Montevideo, December 22nd 2024 - 18:27 UTC

 

 

Iran ready to sign US$ 17bn deal with Boeing for 100 passenger planes

Tuesday, June 21st 2016 - 16:28 UTC
Full article 3 comments
“We have 250 planes in the country, 230 need to be replaced,” said Ali Abedzadeh, the head of Iran's civil aviation body “We have 250 planes in the country, 230 need to be replaced,” said Ali Abedzadeh, the head of Iran's civil aviation body
Most of Iran’s civil aviation fleet is in a state of disrepair and in desperate need of replacement, but Boeing is still waiting on final authorization from U.S. Treasury Most of Iran’s civil aviation fleet is in a state of disrepair and in desperate need of replacement, but Boeing is still waiting on final authorization from U.S. Treasury
The Boeing deal is worth an estimated US$17 billion; should it be completed, it would be the first time Iran bought planes since before the 1979 Islamic Revolution. The Boeing deal is worth an estimated US$17 billion; should it be completed, it would be the first time Iran bought planes since before the 1979 Islamic Revolution.

United States based giant aviation corporation Boeing has reached an agreement with Iran to sell the country 100 passenger planes, Iran’s aviation authority announced on Sunday.

 The deal is one of three separate agreements made between Iran and Western plane makers for a total of around 200 aircraft since Washington lifted economic sanctions on the country in January.

“We have 250 planes in the country, 230 need to be replaced,” said Ali Abedzadeh, the head of Iran's civil aviation body, though he added there is no set timeline for the delivery of the planes.

 

Most of Iran’s civil aviation fleet is in a state of disrepair and in desperate need of replacement, but Boeing is still waiting on final authorization of the deal from the U.S. Treasury, Abedzadeh said.

 

The contract for the Boeing planes is worth an estimated US$17 billion, and should it be completed, would be the first time Iran bought planes from Boeing since before the 1979 Islamic Revolution.

In January, Iran reached a preliminary agreement with European aircraft manufacturer Airbus to purchase 118 planes, though that deal is also awaiting approval from the U.S. Treasury.

 

Approval from U.S. officials is required since more than 10% of Airbus materials are of American origin.

Categories: Economy, Investments, International, United States.

Top Comments

Disclaimer & comment rules
  • chronic

    This is very important.

    The age of the fleet has adversely impacted the iranium's ability to pursue their program of exportation of islamic terrorist to the four corners of the earth.

    Jun 21st, 2016 - 04:39 pm 0
  • SauveQuiPeut

    *shrugs* Maybe they're just hoping the US won't be as quick to shoot down a Boeing as they were an Airbus.

    Jun 22nd, 2016 - 03:30 am 0
  • ChrisR

    So the ragheads of Iran are prepared to deal with 'The Great Satan'.

    Amazing what the bat-shit mad medieval evil Islamists will do when they want to cause chaos and death around the world.

    Personally, I hope they are turned down: they can always buy Russian. That would probably ensure the Jihadist numbers are reduced with all the airplane crashes despite having NOT been bombed.

    Jun 22nd, 2016 - 07:06 pm 0
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