Boeing’s Iran deal covers 109 jets including 747s: Iran official

By: |
Paris | Published: June 22, 2016 8:50:16 PM

A provisional deal between Iran and Boeing to acquire jets for the country's national airline covers 109 aircraft, split about equally between...

In addition to the 737 and 777 models announced earlier this week, IranAir also envisages acquiring some of the latest version of Boeing's iconic 747 jumbo under the deal. (Reuters)In addition to the 737 and 777 models announced earlier this week, IranAir also envisages acquiring some of the latest version of Boeing?s iconic 747 jumbo under the deal. (Reuters)

A provisional deal between Iran and Boeing to acquire jets for the country’s national airline covers 109 aircraft, split about equally between narrow-body and long-range wide-body aircraft, an Iranian official told Reuters on Wednesday.

In addition to the 737 and 777 models announced earlier this week, IranAir also envisages acquiring some of the latest version of Boeing’s iconic 747 jumbo under the deal, which is subject to approval by both the Iranian and U.S. governments, the official said.

Also Read- Boeing says it signs historic sales agreement with Iran Air

About half of the 109 aircraft will be narrow-body 737 jetliners, the official added, asking not to be named.

The payment mechanisms and financing of the deal, including the currency in which it will be carried out, have yet to be finalised, the official said.

Some of the jets are expected to be leased.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition