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Boeing’s Sale of Up to 60 Commercial Jets to Iran Takes Next Step

Author: Wall Street Journal, Robert Wall, Published on: 10 June 2017

Boeing said Saturday it had moved a step closer to completing a contentious jetliner sale to an Iranian airline, though the U.S. government still needs to give the green light before planes could be delivered.

Boeing said it had signed a final purchase agreement with Iran Aseman Airlines for up to 60 737 Max single-aisle planes, its newest model. The two parties earlier this year announced a memorandum of agreement for the transaction that could be valued at up to $6 billion at list price, though buyers typically get discounts.

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Related companies: Boeing