66089
Breaking - Iran Aseman Airlines Signs Firm Contract to Buy 30+30 Boeings
Breaking - Iran Aseman Airlines Signs Firm Contract to Buy 30+30 Boeings

Iran Aseman Airlines Signs Firm Contract to Buy 30+30 Boeing Jets - Update

Iran Aseman Airlines Signs Firm Contract to Buy 30+30 Boeing Jets - Update

Iran Aseman Airlines signed a final contract with the American planemaker Boeing in Tehran on Saturday to purchase 30 B737-Max passenger jets worth $3 billion based on catalog prices with the option of adding 30 more in the future.

The aircraft which have yet to be licensed by the US Treasury Department's Office of Foreign Assets Control are scheduled to be delivered as of 2022. Five to ten jets are expected to be delivered in that year, Aseman told Financial Tribune.

Iran’s Civil Servants Pension Organization, affiliated to the labor ministry, is a major shareholder of Aseman.

Update

A spokesman for Aseman, Seyyed Amirreza Mostafavi, told us an OFAC permit is expected to be granted in a month.

"Boeing has applied US Treasury Department’s Office of Foreign Assets Control for approval of a license to perform under this transaction," reads a Boeing statement shared with the Financial Tribune.

The company said that Boeing will support financing of 95% of the value of the deal.

A preliminary agreement was signed between Aseman and Boeing on March 18 in the presence of Boeing representatives in Tehran after almost one year of negotiations.

Iran Aseman Airlines is the second Iranian airline to order brand new aircraft from Boeing after the lifting of nuclear sanctions in January 2016, as part of the nuclear deal Iran clinched with world powers earlier in 2015.

In December 2016, Iran Air finalized a deal with Boeing to buy and lease 100 jets including 50 narrow-body 737max 8s, 15 wide-body 777-300ERs and 15 777-9s, which are scheduled to be delivered to Iran Air over 10 years. Iran Air has additionally struck a massive deal with Boeing’s rival Airbus to buy 100 jets.

Aseman is also in talks with Airbus to add two A340s and seven A321s to its fleet, which is the third largest in Iran, after Iran Air and Mahan.

While many analysts have expressed concern that Iran’s plane deals might be at risk amid uncertainty over US President Donald Trump’s Iran policy, Iran has so far received seven planes, including three Airbus jets and four ATR turboprops.

Aircraft manufacturers need OFAC licenses as more than 10% of their components come from the United States.

Aseman has three A320-200s, one A340-300, four ATR72-200s, two ATR72-500s, three B727-200s, one B727-200(F), two B737-400s and 19 Fokker 100s.

A spokesman for Aseman, Seyyed Amirreza Mostafavi, told us an OFAC permit is expected to be granted in a month.

"Boeing has applied US Treasury Department’s Office of Foreign Assets Control for approval of a license to perform under this transaction," reads a Boeing statement shared with the Financial Tribune.

 

Short URL : https://goo.gl/Sou1xb
  1. https://goo.gl/gf0cua
  • https://goo.gl/27D5Yd
  • https://goo.gl/KLnZQR
  • https://goo.gl/D8EI2F
  • https://goo.gl/cRr49W

You can also read ...

BIM Links Up With 82 Foreign Banks
Iran’s Bank of Industry and Mine has set up correspondent...
Iran’s Exports to Syria Double
Iran exported $58 million worth of goods to Syria during the...
Hot-rolled coil had the highest consumption and production among finished steel products.
Steel usage in Iran during the first four months of the...
These Billions in Deals Can Help Iran Counter Trump
It hasn’t been the investment bonanza Iran hoped for, but the...
Tehran to Host International Carpet Expo
The Ninth International Exhibition of Floorings, Moquette,...
Mouteh Gold Mine Output Up 48%
Mouteh Gold Mine produced 136 kilograms of gold ingots during...
India to Put Chabahar Railroad Link on Fast Track
Questioning the seriousness of India’s intent, Iran has sought...
Ride-hailing apps have grown exponentially in recent years.
Drivers of ride-hailing services like Snapp and Tap30 are...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus