Iran inks $16b deal with Boeing for 80 planes

Iran says it has finalized a $16.8 billion deal with Boeing to purchase 80 passenger planes, a deal made possible by last year’s landmark nuclear agreement.

The state-run IRNA news agency says 50 Boeing 737s and 30 Boeing 777s will be delivered over the next decade, in the biggest agreement to be struck with an American company since the 1979 revolution and US Embassy takeover.

Boeing has no immediate comment.

— AP

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