Boeing just sold Iran another $3 billion dollars of jets

Boeing 737MAX 8BoeingBoeing 737MAX 8 take off.

On Tuesday, Boeing announced that Iran’s Aseman Airlines has agreed to a deal for more than 30 next generation 737MAX airliners.

The memorandum of understanding calls for the purchase of 30 Boeing 737s along with purchase rights for an additional 30 aircraft.

At list prices, the 30 MAX airliners are worth more than $US3 billion, although the carrier likely received significant bulk discounts that could cut the value of the deal in half. The agreement has not been finalised and will be reviewed by the US Office of Foreign Assets Control.

Citing data from the US Department from Commerce, an aerospace deal of this magnitude creates or sustains roughly 18,000 jobs, Boeing wrote in a statement.

Aseman is the Iran’s third largest airline behind Mahan Air and flag carrier Iran Air. According to, Aseman currently operates an older fleet of more than 30 Airbus and Boeing aircraft with an average age of 23.6 years of age.

Sale of commercial aircraft to Iran has been a controversial topic. In December, Chicago-based company finalised a $US16.6 billion deal with the Iranian government for 50 Boeing 737 and 30 Boeing 777 jets after being held up by members of Congress as well as the US Office of Foreign Assets Control.

Get the latest Boeing stock price here.

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