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Boeing signs contract with Iran Aseman Airlines for 30 737 MAXs

Boeing confirms the signing of a Memorandum of Agreement (MOA) with Tehran-based Iran Aseman Airlines, conveying the airline’s objective to acquire 30 Boeing 737 MAX airplanes with a list price value of $3 billion. The deal also offers the airline with purchase rights for 30 added 737 MAXs.

According to the U.S. Department of Commerce, an aerospace sale of this magnitude creates around 18,000 jobs in the United States. Deliveries would be planned to start in 2022.

Boeing negotiated the MOA under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord signed in 2015. Boeing will look to the Office of Foreign Assets Control for consent to perform under this transaction. Boeing continues to follow the lead of the U.S. government with regard to working with Iran’s airlines, and any and all agreements with Iran’s airlines are contingent upon U.S. government approval.