Aircraft
Boeing, Iran Air Announce Deal Worth $16.6 Billion
Conclusion of firm order could hang on support of incoming U.S. administration
An Iran Air Boeing 747-200 takes off from Hamburg, Germany, in 2005. (Photo: Flickr: Creative Commons (BY-ND) by smitty42)
An Iran Air Boeing 747-200 takes off from Hamburg, Germany, in 2005. (Photo: Flickr: Creative Commons (BY-ND) by smitty42)

A definitive agreement between Boeing and Iran Air announced Sunday calls for delivery of fifty 737 Max 8s, fifteen 777-300ERs and fifteen 777-9s valued at $16.6 billion at list prices. But questions surrounding political environment and its potential effect on the deal remain as an incoming U.S. presidential administration openly critical of Barack Obama’s signature nuclear settlement with Iran prepares to take office in January.