English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Boeing to deliver 80 new aircraft to Iran Air

iranair cargo 1SEATTLE: December 11, 2016. Boeing has been approved by the U.S. government to sell Iran Air 50 737 MAX 8s, 15 777-300ERs and 15 777-9s at a book price of $16.6 billion. First deliveries are expected in 2018.

The manufacturer says it has worked closely with the Obama administration to ensure it remains within the terms of a license issued to it last September.

Notwithstanding Donald Trump's unfounded criticism that shook its share price last week, Boeing says the Iran Air deal will support nearly 100,000 U.S. jobs in 13,600 suppliers over the course of deliveries to the airline.

The manufacturer says over 1.5 million people are employed in its U.S. supply chain that will produce the first 737 MAX to enter airline service in 2017 and the first 777X in 2020.

No details have been announced as to whether the Iran Air order includes freighter aircraft.

Boeing forecasts continued strong demand for new commercial airplanes in 2017 resulting in US$126 billion in total deliveries with potential to grow to US$185 billion per year by 2021.

More News

Written on 21/07/2017, 21:30
u-s-trucking-volumes-continue-to-growARLINGTON, VA: July 19, 2017. The American Trucking Associations' latest forecast says U.S. freight volumes will grow 2.8 percent in 2017 and then average...
Written on 21/07/2017, 17:15
turkish-cargo-supports-perishables-exportersISTANBUL: July 21, 2017. Phuket has become Turkish Airlines 300th destination with the launch of a four times weekly passenger service plus A330 freighter...
Written on 21/07/2017, 15:14
united-cargo-increases-revenueCHICAGO: July 18, 2017. United Airlines has reported a 39.1 percent increase in net profit to US$818 million for the second quarter 2017 on a 6.4 percent...
Written on 19/07/2017, 21:52
dhl-vietnam-delivery-goes-electricHO CHI MINH City, Vietnam: July 17, 2017. DHL eCommerce has launched a nationwide domestic delivery operation including the use of electric motorbikes for...
Written on 18/07/2017, 20:18
bahri-and-bollore-build-a-businessRIYADH: July 18, 2017. The National Shipping Company of Saudi Arabia (Bahri) is setting up a joint venture with Group Bolloré to provide end-to-end...
Written on 18/07/2017, 16:22
seatrade-and-cma-cgm-to-launch-reefer-serviceMARSEILLE/ANTWERP: July 17, 2017. CMA CGM and ocean reefer specialist Seatrade are to begin a vessel-sharing agreement for perishables in October...
Written on 17/07/2017, 13:12
freightweek-news-update-week-29BASEL: July 20, 2017. Panalpina has reported a consolidated a net profit of CHF29.9 million for the first half of 2017 on net forwarding revenue of CHF2.6...
Written on 14/07/2017, 19:37
successful-first-test-for-hyperloop-oneNEW YORK, July 12, 2017 Hyperloop One has completed the first test of its vacuum transport system with a vehicle coasting for 5.3 seconds using magnetic...
Written on 13/07/2017, 20:12
istanbul-new-airport-signs-250-million-cargo-contractsISTANBUL: July 12, 2017. İstanbul New Airport has signed 25-year leases valued at €250 million with six cargo operators. MNG, PTT, Çelebi Ground...
Written on 11/07/2017, 21:40
turkish-airlines-continues-support-for-new-albania-airlineISTANBUL: JULY 10, 2017. M. İlker Ayci, chairman of Turkish Airlines, said the expected downsizing of Italian airline services to Albania creates a "high...
Written on 11/07/2017, 20:22
freightweek-news-update-week-28AMSTERDAM: July 14, 2017. SkyTeam, the global airline alliance, has appointed Nico Van der Linden as vice president Cargo from July 01, 2017. Read...
Written on 11/07/2017, 19:53
expanding-pharma-future-for-amerijetFORT LAUDERDALE, FL: July 11, 2017. Amerijet International has announced it is the first U.S. all-cargo airline to earn IATA's CEIV- Pharma...
Written on 10/07/2017, 22:46
rembrandt-returns-from-russiaAMSTERDAM: July 10, 2017. KLM Cargo is to deliver 63 Dutch Masters, including six Rembrandts, from the State Hermitage Museum in St Petersburg to the...
Written on 10/07/2017, 22:01
delta-creates-certified-pharma-networkATLANTA: July 10, 2017. Delta Cargo has become the first U.S. major carrier to be awarded IATA's Center of Excellence for Independent Validators (CEIV)...
Written on 09/07/2017, 22:24
cosco-shipping-buys-orient-overseasSHANGHAI/HONG KONG: July 09, 2017. COSCO Shipping Holdings and the Shanghai International Port Group (SIPG) are to acquire Orient Overseas International...
Written on 06/07/2017, 22:21
swiss-link-germany-to-belgium-and-hollandFRENKENDORF, Switzerland: July 06, 2017. Container handling and logistics company Swissterminal has begun a new Swisstrain box service to the Port of...
Written on 06/07/2017, 21:21
tnt-makes-progress-in-petya-recoveryMEMPHIS: July 06, 2017. FedEx reports most services from its TNT subsidiary are now available with all depots, hubs and facilities open, operational and...
Written on 05/07/2017, 22:35
luxembourg-says-it-with-flowers-hola-quitoQUITO, Ecuador: July 05, 2017. Cargolux Airlines has added Quito to a four-times a week roundtrip B747 freighter service that links Luxembourg, Curitiba...
Written on 05/07/2017, 21:14
cma-cgm-cuts-debt-with-sale-of-los-angeles-terminalMARSEILLE: July 03, 2017. CMA CGM is selling a 90 percent stake in its Global Gateway South (GGS) terminal at the Port of Los Angeles to EQT...
Written on 03/07/2017, 17:04
freightweek-news-update-week-27QINGDAO, China: July 06, 2017. Parallel car importer Shandong High Speed Qingdao West Coastport Co. Ltd. has appointed GAC China to handle the upstream...

- powered by Quickchilli.com -