Boeing-Iran Deal for $16.6 Billion of Jets Is First Since 1979
- Agreement reached Sunday has potential obstacles in Washington
- Pact keeps Boeing in race with Airbus, supports 100,000 jobs
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The agreement Iran’s national carrier reached with Boeing Co. to buy 80 aircraft valued at $16.6 billion is the first deal of its kind since 1979 -- and one that will force Congress and President-elect Donald Trump to balance their diplomatic priorities with U.S. job growth.
The deal includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, the company said in a statement on its website on Sunday. The aircraft will be delivered over 10 years, the state-run Islamic Republic News Agency reported, citing Iran Air Chief Executive Officer Farhad Parvaresh. Deliveries will begin in 2018.