IranAir (IR, Tehran Mehrabad) has signed an agreement with Boeing (BOE, Washington National) for the purchase of eighty aircraft. The ceremony took place in Tehran on Sunday, December 11.

The purchase is based on a Memorandum of Agreement (MOA) the two sides signed in June and entails fifty B737 MAX 8s, fifteen B777-300(ER)s, and fifteen B777-9s. Deliveries are scheduled to begin in 2018 and, according to Iran Air CEO, Farhad Parvaresh, will run for a period of ten years.

The US manufacturer says the contract was reached within the terms of the US Government license issued to it in September this year.

Rival Airbus (AIB, Toulouse Blagnac), which also secured an export licence in September, is also expected to announce its own order in due course.