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Iran signs $16.6 billion deal for 80 Boeing planes

Staff Writer | December 12, 2016
IranAir said it signed a deal to buy 80 passenger planes from Boeing, IRNA news agency, in the biggest U.S.-Iran deal since the 1979 Islamic revolution.
Farhad Parvaresh
After sanctions   The biggest deal since the 1979
The agency quoted Farhad Parvaresh, the chairman of Iran's flag carrier, as saying that the 10-year deal included 50 Boeing 737 aircraft and 30 777 planes.

Boeing said in June it had signed a tentative agreement to sell 100 jets to IranAir after Iranian statements about the deal.

IRNA said that Fletcher Barkdull, a Boeing regional director, was in Tehran for the signing ceremony. The agency quoted Barkdull as saying that the deal was worth $16.6 billion and had been approved by the U.S. government.