"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.
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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.
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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 U.S.jobs 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.
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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.