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Boeing, Iran Air Clinch $16 Billion Deal for 80 Planes

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Sun, 11 Dec 16 6:13 PM | 62 view(s)
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Wonder how Trump will react?

Boeing, Iran Air Clinch $16 Billion Deal for 80 Planes
by GEMMA DICASIMIRRO and ALI AROUZI

Iran announced Sunday it had finalized a $16.8 billion deal with Boeing to purchase 80 passenger planes — a deal made possible by last year's landmark nuclear agreement.

Iran's state-run IRNA news agency reported that 50 Boeing 737s and 30 Boeing 777s would be delivered over the next decade, in the biggest agreement to be struck with an American company since the 1979 revolution and U.S. Embassy takeover.

Boeing said the deal will support tens of thousands of U.S. jobs directly associated with production and delivery of the 777s and nearly 100,000 U.S. jobs overall. The first airplanes under this agreement are scheduled for delivery in 2018. 

In September, Washington granted permission to Boeing and its European competitor Airbus to sell billions of dollars' worth of aircraft to Iran. The U.S. and other world powers agreed last year to lift sanctions on Iran in exchange for it curbing its nuclear activities.

Related: We Won't Allow Trump to 'Tear Up' Nuclear Deal

President-elect Donald Trump and several Republican lawmakers have criticized the nuclear deal, but it's unclear whether they would scrap the agreement, which was reached with Britain, France, Germany, Russia and China.

http://www.nbcnews.com/news/us-news/boeing-iran-air-clinch-16-billion-deal-80-planes-n694521?cid=eml_nbn_20161211




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