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In landmark deal, Iran to buy 80 Boeing planes worth $16.6b
Agreement, first with US aviation company since 1979, follows announcements of plan to purchase 100 aircraft from Airbus
TEHRAN, Iran (AFP) — Iran Air finalized a contract to buy 80 planes from US firm Boeing, the official IRNA news agency said Sunday, as it seeks to renew its ageing fleet despite sanctions.
IRNA reported that the contract was worth $16.6 billion, in the first such deal since the 1979 Islamic revolution.
“Fifty of the planes are 737 and the other 30 are the long haul 777 that will be delivered to Iran Air in a period of 10 years,” said Farhad Parvaresh, chief executive of the national carrier, who signed the contract with Boeing officials in Tehran.
It is the first deal with an American aviation firm since the revolution, and comes in spite of fresh tensions over sanctions after US lawmakers voted earlier this month to renew measures against Iran.
A plane from the Iranian private airline, Mahan Air lands the international airport in Sanaa, Yemen, March 1, 2015. (AP Photo/Hani Mohammed, File)
The lack of new planes and parts has taken a severe toll on Iran’s carriers over the years, earning it one of the worst safety records in the world with close to 1,700 people dying in a string of civilian and military air disasters since 1979, according to the Flight Safety Foundation.
“With the signing of this contract, the first important step has been taken for the modernization of the country’s aviation fleet,” Transport Minister Abbas Akhoundi was quoted as saying.
Iran Air is also due to finalize the purchase of 100 planes from European firm Airbus.
“Our goal is to increase our ability to compete in the aviation industry to be able to get back our share in the transport industry in the region and the world,” said Akhoundi, referring to the fact that Iran was a regional hub for air transport before the revolution.
Sanctions pressure
Following initial agreements earlier in the year, the Boeing and Airbus deals were given final approval by the US government in September.
Washington lifted some of its sanctions on Iran under a nuclear deal that came into force in January, but many restrictions have remained in place that mean companies trading with Tehran must receive explicit approval from the US Treasury.
That includes European firms like Airbus who manufacture some of their parts in the United States.
Pressure has been mounting on those in Iran and the United States who want to see increased trade between the two countries in order to cement the nuclear deal.
Iranian leaders have reacted angrily to news that Washington will renew its existing sanctions in the coming days, saying it is a breach of the deal, while president-elect Donald Trump has vowed to rip up the accord entirely.
Iran’s President Hassan Rouhani speaks at a news conference September 22, 2016 in New York. (AFP/DON EMMERT)
Iran’s President Hassan Rouhani has faced a barrage of criticism at home after the deal failed to attract the level of foreign investment he promised — mostly because global banks remain wary of doing business with the country.
The supreme leader, Ayatollah Ali Khamenei, has questioned the focus on purchasing billion-dollar fleets of aircraft.
“Suppose we modernize our air fleet. Okay, it’s a very important and necessary move. But is it the priority?” Khamenei said in June.
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Iran said : Our goal is to increase our ability to compete in the aviation industry to be able to get back our share in the transport industry in the region and the world ...
I RESPOND - BUILD YOUR OWN FUCKING AIRPLANES, YOU FUCKING IDIOTS!
Think about it.
If I, Pastorius, said, I want to get back my share of the airline industry, what would that sound like?
Wouldn't you say, "Hey Pastorius, what the fuck do you know about airplanes?"
Because if you did, you'd be right to ask the question. Cuz I know NOTHING about airplanes.
Iran doesn't know how to do shit. If they did, they'd build things.
Here are the industries of Iran:
petroleum, petrochemicals, fertilizers, caustic soda, car manufacture, parts, pharmaceuticals, home appliances, electronics, telecom, energy, power, textiles, construction, cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments
APPARENTLY, IRAN REALLY DOES DESIGN AND BUILD AUTOMOBILES:
Iran's automobile production crossed the 1 million mark in 2007/2008. Today, Iran is the 18th largest automaker in the world and one of the largest in Asia, with annual production of more than 1.6 million.[5] In 2009 Iran ranked fifth in car production growth standing next to China, Taiwan, Romania and India.[6] According to OICA statistics, production dropped dramatically to under 750,000 automobiles and commercial vehicles in 2013.[7]
As of 2001, there were 13 public and privately owned automakers in Iran, of which two—Iran Khodro and Saipa—accounted for 94% of the total domestic production. Iran Khodro, which produced the most prevalent car brand in the country—the Peykan, which has been replaced in 2005 by the Samand—, was still the larger with 61% of the market in 2001, while Saipa contributed 33% of Iran’s total production in the same year.
Other than that, every part of the Iranian economy is either subsistence or construction or chemicals.
100 years after America started designing and building automobiles, Iran started doing it.
They don't engineer anything of their own that I can tell.
Prove me wrong please.
We know it's not because Persian people are stupid. Most of us have been around Persians enough to know they are an intelligent group of people.
Iran is simply held back by it's nationalized Religion industry.
But that's what they chose.
That's what they want.
And THAT makes them stupid.
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