Boeing signs $3 billion deal to sell planes to Iran airline
Boeing said Tuesday that it had agreed to sell $3 billion in airplanes to an Iranian airline, deepening the American manufacturer's bet on the Iranian market following the lifting of sanctions.
The company agreed to sell 30 units of the 737 MAX aircraft to Iran Aseman Airlines, which also acquired the rights to buy another 30 at a later date.
The accord must win the approval of the U.S. government. During his presidential campaign, Donald Trump blasted then-President Obama for striking a deal that eased sanctions against Iran in exchange for nuclear program concessions from the country.
But President Trump has also aggressively promoted the revitalization of American manufacturing, including Boeing's investments, and this deal is a major example of a U.S. manufacturer benefiting from overseas business.
A Boeing spokesman did not immediately respond to a question regarding the deal's impact on U.S. jobs.