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Boeing Sells 80 Planes to Iran For $16 Billion

Dec 11, 2016
BREAKING: Boeing, Iran Air clinch $16 billion deal for 80 planes
Boeing said the deal will support tens of thousands of U.S. jobs directly associated with production and delivery of the 777s and nearly 100,000 U.S. jobs overall. The first airplanes under this agreement are scheduled for delivery in 2018. In September, Washington granted permission to Boeing and its European competitor Airbus to sell billions of dollars’ worth of aircraft to Iran. The U.S. and other world powers agreed last year to lift sanctions on Iran in exchange for it curbing its nuclear activities.
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