Boeing Agrees to $3 Billion Sale of 737s to Iranian Carrier

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According to the AP, some analysts are dubious of the recent deals with Iranian airlines involving so many passenger planes, questioning whether the demand and available financing warrant such large orders.

Boeing is to provide 50 planes of the same type to Iran's flag-carrier airline Iran Air through a similar agreement. As of the end of February, the company has not added the planes to its order book.

"Boeing continues to follow the lead of the USA government with regards to working with Iran's airlines, and any and all contracts with Iran's airlines are contingent upon US government approval", the airframer concluded.

Aseman Airlines is scheduled to start receiving the aircraft in 2022, though the deal is still contingent on approval from the USA government.

President Trump has said he opposes the cancellation of Iranian nuclear sanctions.

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Boeing said in its release Tuesday that the new Iran agreement "creates or sustains approximately 18,000 jobs in the United States". U.S. President Donald Trump heavily criticized the deal during his election campaign and has said he would like to see in renegotiated. Reasonable, perhaps, but we wouldn't bet the ranch on it. They have also been controversial in Washington where lawmakers critical of the plane deals have tried to block them. So far IranAir has received three new Airbus jets under the deal.

Boeing announced an agreement in December to sell 80 commercial aircraft to Iran Air, the national carrier, a deal valued at $US16.6 billion. Boeing described the deal as a "memorandum of agreement".

The European Union blacklisted Aseman in December because of safety concerns. Iranian officials later said the contract would be cut to 112 planes.

According to the Iranian Students News Agency (ISNA), the ceremony took place in Tehran on Tuesday, April 4. "It attracts headlines - and it has all kinds of political headaches and conflicts associated with it - but Iran as a world hub of aviation isn't what it was".

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