Tag Archives | Boeing

Boeing to sell 30 737 MAXs to Iran Aseman Airlines

US-based Boeing confirms the signing of a Memorandum of Agreement (MOA) with Iran Aseman Airlines, expressing the airline’s intent to purchase 30 Boeing 737 MAX airplanes with a list price value of $3 billion. The agreement also provides the airline with purchase rights for 30 additional 737 MAXs. According to the U.S. Department of Commerce, […]

Iran says Trump Cannot Call Off Boeing Deal

Iran rejected speculations that the deteriorating rhetoric by US President Donald Trump against the country could lead to the cancellation of a major plane purchase agreement with the American aviation giant Boeing. Iran’s Minister of Roads and Urban Development Abbas Akhoundi told the domestic media that a deal which Iran has sealed with Boeing was […]

“No Restriction” on Sales of Airbus Parts to Iran

The chairman of Iran Air has announced that there is no restriction on Iran to supply spare parts of the commercial planes manufactured by France’s Airbus, except for one “sensitive part” used for air navigation. A licence has been given to the Airbus, Boeing and ATR to sell airplanes and their spare parts to Iran, […]

ATR to Finalize $400m Aircraft Deal on Wednesday

Iran is to finalize a contract to buy 20 turboprops from French-Italian aircraft manufacturer ATR on Wednesday, an Iranian official announced. Representatives from ATR, a joint venture of Airbus and Finmeccanica of Italy, will arrive in Tehran on Wednesday, January 4, to hold the final round of business negotiations on the multi-million-dollar contract, Asghar Fakhrieh Kashan, […]

Iran “to Pay only Half” of $16.6bn Boeing Deal

By John Lee. According to a report from Reuters, Iran has said that it had negotiated to pay only about half the announced price for 80 new Boeing airliners, in an order that the American planemaker had said was worth $16.6 billion. Iran’s IRNA state news agency quotes Deputy Transport Minister Asghar Fakhrieh-Kashan as saying: […]

Why do Iran’s Conservatives Oppose Deals with Boeing, Hyundai?

By Changiz M. Varzi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s national carrier Iran Air and US aircraft manufacturer Boeing signed a $16.6 billion deal for the sale of 80 passenger jets Dec. 11, despite strong opposition from the US House of Representatives. […]

Boeing, Iran Air agree $16.6bn Aircraft Deal

Boeing and Iran Air announced an agreement on Sunday for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. Government license […]

Iran, Airbus to Cooperate in Building Aircraft Parts

The Head of Iran’s National Space Center, Manouchehr Manteqi, said the French plane manufacturer Airbus plans to cooperate with the Islamic Republic in joint projects to produce aircraft parts in the near future. “We will soon begin cooperation with Airbus in the manufacture of aircraft parts,” Manteqi said on Monday. Spare parts manufacturers are the […]

US firms join International Air Show in Iran

By Changiz M. Varzi, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On the front page of the Nov. 17 edition of the Reformist Etemad newspaper, a headline in small type, tucked in a corner, read: “Americans in Kish [Island].” The report detailed how American […]

Iran to Receive 9 Brand-New Planes in Months

An Iranian deputy minister said the country is going to receive nine of the new passenger planes it has purchased from Airbus within the coming months, before the new Iranian year. According to Deputy Roads and Urban Development Minister Asghar Fakhrieh, 9 planes are expected to join the fleet of civil flights before the new […]