Iranian airliner signs $3bn deal for 30 Boeing jets

Boeing Co. says it signed new $3B deal with Iranian airline

Boeing Co. says it signed new $3B deal with Iranian airline

"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".

Boeing has agreed a deal with Iran Aseman Airlines for 30 Boeing 737 Max planes for $3bn (£2.4bn), with deliveries starting from 2022.

Boeing said the agreement was negotiated with the approval of the USA government.

Trump to sign executive orders targeting trade abuses
We are going to defend our industry and create a level playing field for the American workers. He claimed that he would restore American manufacturing.

The agreement was sealed with the attendance of Boeing representatives in Tehran after a year of negotiations between the Iranian company and Boeing.

However, Trump did tap Boeing's Patrick Shanahan, who oversaw its manufacturing and supplier management, to be second in command at the Pentagon.

Mr. Trump has repeatedly denounced the nuclear agreement, describing it as a giveaway to a country that he and his aides have called a leading state sponsor of terrorism and a destabilizing force in the Middle East.

No joke: Snows hit Northern New England on April Fools' Day
Winter storm warnings and winter weather advisories were issued for parts of New England, upstate NY and northeast Pennsylvania. There were also minor outages in Burlington and Burlington Electric Department said power was restored by Saturday afternoon.

The planes are expected to be delivered to Aseman Airlines from 2019.

This is the first big deal by a United States firm to Iran since President Donald Trump took over. If Boeing is forbidden to sell the aircraft to Iran, plane makers in other countries might fill the gap. Tehran is also buying 112 planes from Boeing's European rival Airbus (EADSY).

Aseman is the Iran's third largest airline behind Mahan Air and flag carrier Iran Air. While Trump remains critical of the 2015 nuclear settlement with Iran that allowed for the export of commercial aircraft to Iran, he has also lauded Boeing for its role in creating through the sale of its aircraft around the globe. This builds on Boeing's $16.6 billion deal with Iran Air back in December of 2016. Subsequent meetings with Boeing Chief Executive Officer Dennis Muilenburg brought a significant thaw. Those would be targeted against people involved with Iran's ballistic missile program and those that transact with them, as well as the Islamic Revolutionary Guard Corps. European and Asian companies, meanwhile, have flocked there since the nuclear deal, in some cases leaving US competitors on the sidelines.

London attacker acted alone, says police
A total of 11 people were held on suspicion of preparation of terrorist attacks in the wake of Wednesday's rampage at Westminster. Investigators are still assessing whether the attacker plotted alone or acted as part of a broader conspiracy.

Aboulafia, the aviation analyst, said ultimately the sales wouldn't change Iran's status in the Gulf, already home to three major long-haul carriers, or greatly affect Boeing's bottom line.

Recommended News

  • Staley proud to be 2nd African-American coach to win title

    Staley proud to be 2nd African-American coach to win title

    Jimenez looked as if he was going to win relatively easily on Sunday, with a two-shot lead going into Number 18 at Fallen Oak. Never greater than on Sunday, when the program beat Mississippi State , 67-55, to win the program's first national title.
    Paul Ryan: Push for health-care reform will continue

    Paul Ryan: Push for health-care reform will continue

    President Trump pointed fingers on his Twitter account Sunday following the failure of the Republican health care bill. Senate Minority Leader Charles Schumer of New York , flanked by Sen.

    On Equal Pay Day, Wyoming Still Lagging Behind

    According to the Daily Beast , the top ten most remunerative majors (except pharmaceutical scientists) are dominated by men. Catherine Crosby of Dayton Human Relations Council said all that missing money can add up to thousands of dollars per year.
  • SEC Teams Mississippi State and SC to Meet For NCAA Title

    No. 2 at 7.0 was Hartford, a market loyal to the University of CT , which lost to Mississippi State in Friday's semifinals. She had 18 points and 10 rebounds while fellow junior guard Kaela Davis also reached double figures with 10 points.
    Naidu set to induct son Lokesh as IT minister

    Naidu set to induct son Lokesh as IT minister

    Her father Bhuma Nagi Reddy, who was representing Nandyal constituency in the Assembly, died of cardiac arrest earlier this month. Chandrababu Naidu on Sunday inducted his son Nara Lokesh and 10 others into the Cabinet, while dropping five Ministers.
    Derrick Rose to have knee surgery again, miss rest of season

    Derrick Rose to have knee surgery again, miss rest of season

    The Knicks had not ruled out re-signing Rose, but another injury means the 28-year-old will find a tough free-agent market. The inability to stay healthy forced the Bulls to deal Rose to the Knicks during the 2016 draft.
  • Ben & Jerry's to give away free ice cream cones Tuesday

    Ben & Jerry's to give away free ice cream cones Tuesday

    Migrant Justice says the Ben & Jerry's verbally agreed to the commitment in 2015 but has yet to formally sign the documents. The tradition first started on May 5, 1979, making today's Free Cone Day the 38th annual celebration.

    Schiff: GOP Intel Chair Nunes Should Recuse Himself From Russia Probe

    Yates was sacked in January as acting attorney general after she refused to defend the Trump administration's first travel ban. He fired his national security adviser, Michael Flynn, last month for misrepresenting meetings with the Russian ambassador.

    Trump grants Pentagon more authority for Somalia fighting

    The official grade of certainty that civilians won't be killed has been lowered from "near certainty" to "reasonable certainty". The military had accused the previous Democratic administration of president Barack Obama of micromanaging combat operations.
  • Australian towns evacuated amid flooding from ex-cyclone

    Australian towns evacuated amid flooding from ex-cyclone

    Six large rivers had reached major flood levels and were still rising in several areas, said the Bureau of Meteorology. Cars sit submerged after heavy rain associated with Cyclone Debbie hit the Gold Coast suburb of Robina in Queensland .
    Opening Series Preview: Mets vs. Braves

    Opening Series Preview: Mets vs. Braves

    The Mets placed Lugo on the 10-day disabled list Sunday with right elbow inflammation. The Braves enter 2017 looking to improve on their 68-93 last place finish from 2016.
    The Voice final marred by stage invasion and Sir Tom Jones swearing

    The Voice final marred by stage invasion and Sir Tom Jones swearing

    Hudson's second act, Jamie Miller , also made it to the final. "I started believing in myself the minute you pressed the button". The Team Jennifer singer beat out all the competition from the past twelve weeks to sign a record deal with Polydor records.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.