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Boeing and Iran Air announce 80 plane agreement

Boeing 737 8 MAX on display. (Image source: pjs2005/commons)

The US$16bn agreement will include wide body, single aisle aircraft and support nearly 100,000 jobs in the USA

Boeing and Iran Air announced an agreement on 11 December 2016 for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at US$16.6bn

In June, a Memorandum of Agreement (MOA) was signed in June 2016 between Iran Air and Boeing. Terms of the agreement were issued by the US Government to Boeing in the previous September.

The agreement will support tens of thousands of jobs that are directly related to the production and delivery of the planes. The first aeroplanes are due for delivery in 2018. 

According to Boeing, ?The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14 per cent more fuel efficient than today?s most efficient next-generation 737s. The first 737 MAX is scheduled to enter service in 2017.

?The 777-300ER is the most fuel and cost-efficient airplane in its class as well as the most reliable twin-aisle aircraft in the world. It also has the highest cargo capacity of any passenger airplane. To date customers worldwide have ordered more than 800 777-300ERs. The 777X builds on the passenger-preferred and market-leading 777, as well as offering more market coverage and revenue capability than the competition. The 777X will include new engines, an all-new composite wing and will leverage technologies from the 787 Dreamliner. The first 777X is scheduled to enter service in 2020.?