Media Wire

Iran’s Aseman Airlines Signs Deal to Buy 60 Boeing Planes

Iran Aseman Airlines has signed a Minute of Agreement (MOA) with the American plane giant Boeing to purchase 60 B737-Max passenger jets worth more than $5 billion based on catalogue prices.

The document was signed on March 18, during a meeting with Boeing representatives in Tehran, Aseman told the Financial Tribune on Tuesday.

Aseman expects to finalize a contract in 2-3 months. The deal is now pending a license from the US Treasury Department’s Office of Foreign Assets Control, according to the airliner.

The airline is also in talks with Boeing’s European rival Airbus to add two A340s and seven A321s to its fleet that is the third largest fleet in Iran, after Iran Air and Mahan.

Aseman’s has three A320-200s, one A340-300, four ATR72-200s, two ATR72-500s, three B727-200s, one B727-200(F), two B737-400s and 19 Fokker 100s.

Iran Aseman Airlines, owned by Iran’s Civil Service Pension Foundation, would be the second Iranian airline to purchase brand new aircraft from Boeing after the lifting of the sanctions in January 2016.

Back in December, Iran Air finalized a deal with Boeing on 80 jets including 50 narrow-body 737max 8s, 15 wide-body 777-300ERs and 15 777-9s, which will be delivered to Iran Air over 10 years.

It was reported that the Iranian airline was set to lease seven A320neo from an undisclosed Irish firm following the signing of a memorandum of understanding between Iran’s Civil Aviation Organization and the Irish Aviation Authority in Tehran in February.

IFP Media Wire

Reports and views published in the Media Wire section have been retrieved from other news agencies and websites, and do not necessarily reflect the opinion of the Iran Front Page (IFP) news website. The IFP may change the headlines of the reports in a bid to make them compatible with its own style of covering Iran News, and does not make any changes to the content. The source and URL of all reports and news stories are mentioned at the bottom of each article.

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