ERBIL, Kurdistan Region — The US manufacturer Boeing and Iran’s Aseman Airlines initially have agreed to a deal valued at $3 billion dollars, on the heels of both countries' governments recently having issued economic sanctions against some of the other's business interests.
Aseman intends to purchase 30 ‘737 MAX’ airplanes from Boeing, according to a press release from Boeing made public on Tuesday. The 737 Max is a narrow-body jetliner capable of
“Boeing negotiated the [memorandum of understanding] under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord signed in 2015,” the statement from Boeing read.
Iran would begin to receive the airplanes in 2022, according to Boeing.
“Boeing continues to follow the lead of the U.S. government with regards to working with Iran’s airlines, and any and all contracts with Iran’s airlines are contingent upon U.S. government approval,” the statement added.
The deal is an attempt by Iranian airlines to modernize its aging fleets, according to Iran’s state-run IRNA news.
“The agreement was sealed with the attendance of Boeing representatives in Tehran after a year of negotiations between the Iranian company and Boeing,” IRNA reported.
The MAX is the fourth generation of the 737 family that flew its maiden voyage in 1967. The MAX iteration can carry 162 passengers and has a range of just more than 7,000 kilometers according to Boeing.
Iran sanctioned 15 US companies in March, after the United States issued economic sanctions in February targeting 12 companies and 13 individuals from doing business with Irianian companies or individuals.
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