Iran Air, branded as The Airline of the Islamic Republic of Iran, announced the news in a statement noting “following the implementation of the Joint Comprehensive Plane of Action (JCPOA), several giant aircraft manufacturers took extensive measures to establish an active presence in the Iranian market which were accompanied with serious determination of the Minister of Roads and Urban Development Abbas Ahmad Akhundi for renovation of the country’s ageing fleet."
Meanwhile, Iran Air (known as Homa) and Boeing reached a Memorandum of Understanding on sales of airliners after several rounds of negotiations during the visits to Tehran made by representatives of the American company.
On the basis of the agreement, upon obtaining appropriate licenses by the two parties, a number of Boeing 737 Next Generation aircraft as well as 300ER and 900 models of Boeing 777 series will be purchased by The Airline of the Islamic Republic of Iran in the form of a Lease-Purchase Contract.
Finalization of the accord and its implementation are subject to receiving required licenses from the Iranian and American governments.
In February, the American company was granted approval from the US government to explore resuming sales to Iran after US sanctions were partially lifted in January following a deal on Tehran's nuclear program.
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