Iran to pay half price for 80 aircraft from Boeing

Iran has revealed that it is only going to pay half price for 80 new aircraft from America’s Boeing Corporation. Deputy Transport Minister Asghar Fakhrieh Kashan told Iran’s official news agency IRNA that the country will only pay half of the $16.6 billion cost of the deal because of reduced purchasing options.

“Boeing has announced that its IranAir contract is worth $16.6 billion,” he explained. “However, considering the nature of our order and the available options, the purchase contract for 80 Boeing aircraft is worth about 50 per cent of that amount.”

Meanwhile, on 22 December, Iran and Europe’s Airbus finalised a deal for 100 aircraft worth $18 billion. The contract includes single-aisle A320 and A330 jets and wide-body A350 XWBs, which are expected to be delivered as from early next year.