iran air

An Airbus A321 bearing the logo of Iran Air is pictured on January 11, 2017 at the Airbus delivery center, in Colomiers southwestern France. Airbus exceeded its delivery targets for 2016 after in a final sprint that allowed it to deliver 688 aircraft to its customers, and it has garnered …

Iran Receives More European Airplanes Ahead of U.S. Sanction Renewal

In a race to rebuild its aging commercial fleet aircraft fleet, Iran took delivery of five new airplanes from European manufacturers Sunday, stepping up deliveries before the U.S. begins restoring sanctions suspended under the 2015 nuclear deal.

The split-tip winglet (R) and tail fin of the first Boeing 737 MAX 9 airplane are pictured during its rollout for media at the Boeing factory in Renton, Washington on March 7, 2017. / AFP PHOTO / Jason Redmond (Photo credit should read JASON REDMOND/AFP/Getty Images)

Boeing Signs New $3B Deal with Iranian Airline

Boeing Co. said on Tuesday it has signed a new, $3 billion deal with Iran’s Aseman Airlines to supply 30 737 MAX aircraft to the carrier, a new agreement on top of the $16.6 billion sale it made in the Mideast nation following the landmark nuclear deal.