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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.

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