The commercial aircraft manufacturer reached a $16.6 billion deal with Iran Air for 80 airplanes, and expects demand for airline pilots and technicians across the globe will rise, thanks to expanding economies and airlines taking delivery of new jetliners.
Boeing reached an agreement with Iran Air for 80 airplanes with a combined value of $16.6 billion at list prices, the commercial aircraft manufacturer said Sunday.
The agreement includes 50 737 MAX8s, 15 777-300ERs, which have the highest cargo capacity of any passenger airplane, and 15 777-9s.
Boeing said the contract was reached within the terms of the U.S. Government license issued to Boeing in September.
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) granted permission to both Boeing and Airbus in September to export commercial aircraft to Iran, following U.S. and European nations lifting sanctions on Iran in January after reaching a nuclear agreement.
Looking ahead, Boeing said it anticipates demand for airline pilots and technicians will soar, fueled by the expanding global economies and airlines taking delivery of new jetliners. The company anticipates the need for 617,000 additional airline pilots and 679,000 more technicians through 2035, especially in the Asia-Pacific region, where it projects the need for 248,000 new pilots and 268,000 new technicians during this timeframe.
Boeing sees growth take off
