Boeing continues to look to sales to Iran

Boeing has confirmed the signing of a memorandum of agreement (MOA) with Iran Aseman Airlines, expressing the airline’s intent to purchase 30 Boeing 737 MAX aircraft.
The agreement also provides the Iranian carrier with purchase rights for 30 more B737 MAXs.
If executed, the deal would be worth $3bn at list prices and deliveries would begin in 2022.
Boeing said that it negotiated the MOA under authorisations from the US Government following a determination that Iran was meeting its obligations under the nuclear accord signed in 2015.
The manufacturing giant added that it will look to the Office of Foreign Assets Control for approval to go ahead on this transaction.
It said that it “continues to follow the lead of the US Government with regards to working with Iran’s airlines, and any and all contracts with Iran’s airlines are contingent upon US Government approval”.
In December last year, Air Cargo News reported that Iran Air had made further moves to re-position itself on the global stage with an agreement for acquiring 80 aircraft from Boeing.
The aircraft in that agreement had a list price of $16.6bn and included 50 B737 MAX 8s, 15 B777-300ERs and 15 B777-9s.
That agreement followed on from another order made by Iran Air for 118 new aircraft from Airbus announced earlier in the year.
Whether the Trump administration will allow sales of aircraft to Iran is by no means clear. The president has denounced the nuclear agreement reached by the US and other nations (the so-called P5+1) that was reached with Iran in 2015 and which sanctioned such deals.
However, on the flip side, such deals as Boeing’s could create or secure large number of jobs for American citizens.