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Old June 15th, 2016, 06:17 PM   #221
urban_encounter
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Iran reaches deal to buy Boeings
From Gulf News Aviation
Published: 08:25 June 15, 2016
Reuters


Dubai: Iran said it had reached an agreement with Boeing Co for the supply of jetliners on Tuesday, reopening the country's skies to new US aircraft for the first time in decades under an international deal to ease sanctions.

Details of the agreement were left vague, but Western and Middle East sources said that once approved, it would involve flag carrier Iranair acquiring more than 100 Boeing jets, both directly from Boeing and from leasing companies.

"In coming days details of the deal with this company will be announced," Roads and Urban Development Minister Abbas Akhoundi said, according to the semi-official Mehr news agency.

The sources said the agreement was so far only a broad outline of what a formal deal would look like once Boeing has the necessary US government approvals to sell planes to Iran, which has been banned from buying US jets for almost 40 years.

So far, Boeing has only been granted permission to present its products to Iranair and a handful of other airlines as it tries to catch up with Europe's Airbus, which earlier this year won a provisional deal for 118 jets worth $27b.

"We have been engaged in discussions with Iranian airlines approved by the US government about potential purchases of Boeing commercial passenger airplanes and services," a Boeing spokesman said by email.

"We do not discuss details of ongoing conversations we are having with customers, and our standard practice is to let customers announce any agreements that are reached. Any agreements reached will be contingent on US government approval." Reuters reported last week that Iran was edging towards a historic deal to buy jetliners from Boeing for the first time since the 1979 Islamic Revolution and that a deal for more than 100 aircraft could be reached fairly soon.

The chairman of Iranair told Reuters it was also talking to Boeing about providing support for its elderly fleet under last year's deal between Tehran and six major powers to ease sanctions in return for curbs on Iran's nuclear activities.

However, hurdles remain. Iran needs an estimated 400 jets to renew its fleet after decades of sanctions and prepare for projected growth, according to Iranian and Western estimates.

Two senior Iranian officials said last year that Iran was expected to buy 100 jets from Boeing once sanctions were lifted.

Both Airbus and Boeing would need US export licences to carry out their deals, due to the use of significant US technology in all modern jetliners.

Even then, industry sources caution that both deals could take some time to implement because of uncertainty over financing, with the U.S. financial system still closed to Iran.

The Airbus deal is priced in euros instead of dollars, the currency usually by plane makers, but many banks remain reluctant to finance it because they fear losing their claim to the underlying assets if sanctions are re-introduced, bankers say.

BOC Aviation, a Singapore-based leasing company in which Boeing recently invested as part of its stock market debut, is in discussions with Boeing about financing part of the deal, two people familiar with the matter said.

BOC Aviation was not immediately available for comment.

Secretary of State John Kerry said in April Washington was not against foreign banks doing business with Iran under the nuclear deal, but Iranian Supreme Leader Ayatollah Ali Khamenei has accused Washington of not being committed to the accord.

http://gulfnews.com/business/aviatio...ings-1.1846223
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Old June 16th, 2016, 03:19 AM   #222
Buffalomatt1027
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Quote:
Originally Posted by urban_encounter View Post
Iran reaches deal to buy Boeings
From Gulf News Aviation
Published: 08:25 June 15, 2016
Reuters


Dubai: Iran said it had reached an agreement with Boeing Co for the supply of jetliners on Tuesday, reopening the country's skies to new US aircraft for the first time in decades under an international deal to ease sanctions.

Details of the agreement were left vague, but Western and Middle East sources said that once approved, it would involve flag carrier Iranair acquiring more than 100 Boeing jets, both directly from Boeing and from leasing companies.

"In coming days details of the deal with this company will be announced," Roads and Urban Development Minister Abbas Akhoundi said, according to the semi-official Mehr news agency.

The sources said the agreement was so far only a broad outline of what a formal deal would look like once Boeing has the necessary US government approvals to sell planes to Iran, which has been banned from buying US jets for almost 40 years.

So far, Boeing has only been granted permission to present its products to Iranair and a handful of other airlines as it tries to catch up with Europe's Airbus, which earlier this year won a provisional deal for 118 jets worth $27b.

"We have been engaged in discussions with Iranian airlines approved by the US government about potential purchases of Boeing commercial passenger airplanes and services," a Boeing spokesman said by email.

"We do not discuss details of ongoing conversations we are having with customers, and our standard practice is to let customers announce any agreements that are reached. Any agreements reached will be contingent on US government approval." Reuters reported last week that Iran was edging towards a historic deal to buy jetliners from Boeing for the first time since the 1979 Islamic Revolution and that a deal for more than 100 aircraft could be reached fairly soon.

The chairman of Iranair told Reuters it was also talking to Boeing about providing support for its elderly fleet under last year's deal between Tehran and six major powers to ease sanctions in return for curbs on Iran's nuclear activities.

However, hurdles remain. Iran needs an estimated 400 jets to renew its fleet after decades of sanctions and prepare for projected growth, according to Iranian and Western estimates.

Two senior Iranian officials said last year that Iran was expected to buy 100 jets from Boeing once sanctions were lifted.

Both Airbus and Boeing would need US export licences to carry out their deals, due to the use of significant US technology in all modern jetliners.

Even then, industry sources caution that both deals could take some time to implement because of uncertainty over financing, with the U.S. financial system still closed to Iran.

The Airbus deal is priced in euros instead of dollars, the currency usually by plane makers, but many banks remain reluctant to finance it because they fear losing their claim to the underlying assets if sanctions are re-introduced, bankers say.

BOC Aviation, a Singapore-based leasing company in which Boeing recently invested as part of its stock market debut, is in discussions with Boeing about financing part of the deal, two people familiar with the matter said.

BOC Aviation was not immediately available for comment.

Secretary of State John Kerry said in April Washington was not against foreign banks doing business with Iran under the nuclear deal, but Iranian Supreme Leader Ayatollah Ali Khamenei has accused Washington of not being committed to the accord.

http://gulfnews.com/business/aviatio...ings-1.1846223
I wont believe that deal for a second ....... Iran has a deal with airbus right now for 100 planes and its not 100% official.
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Old June 19th, 2016, 10:09 PM   #223
Me89
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Does anyone have more info and details on this Iranair order?
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Old July 15th, 2016, 02:57 PM   #224
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Boeing and Air Europa finalise order for 20 737 MAX 8 aircraft

Spanish airline Air Europa has placed an order with Boeing for 20 737 MAX 8 jets for an undisclosed sum. Equipped with CFM International LEAP-1B engines, the newly ordered single-aisle 737 MAX will be deployed Air Europa’s short-haul operations.

Last year, the airline placed an order for 14 Boeing 787-9 Dreamliners and this latest order sees Air Europa continue its efforts to become an all-Boeing carrier. Compared with Boeing’s next-generation 737 jets, the 737 MAX will be 14% more fuel-efficient and 20% better than the original next-generation 737s when they first entered service.

Air Europa parent company Globalia president Juan José Hidalgo said: "The 737 MAX will complement Air Europa's growing fleet and is the perfect aircraft for our short-haul operations across Europe to feed our long-haul network from hubs in Madrid and Palma.



"This aircraft will play a major role in growing our business in the years to come and we look forward to becoming an all-Boeing carrier following recent orders for the 787 Dreamliner and 737 MAX." Air Europa currently has a combined total of 22 787-8 aircraft and 787-9s on order.

Meanwhile, Boeing has secured a $1.59bn order for six 787-9 Dreamliners from China’s Ruili Airlines. Ruili Airlines chairman Ma Zhanwei said: "With our base in Yunnan province, Ruili Airlines is positioned to help build Yunnan as the gateway between South-West China and the rest of the world.

“The right size, long-range, competitive fuel efficiency, as well as passenger appealing edge of the 787-9 make it an ideal fit in facilitating our international expansion plans." In addition, Egyptair has also placed an order for nine next-generation Boeing 737-800 jets in a deal worth $864m at current list prices. Egyptair currently operates 20 737-800NG aircraft and six 777-300ERs and two 777-200ER jets.
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Old January 12th, 2018, 05:17 AM   #225
YuriMG2
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Quote:
Boeing’s bid to buy Embraer could see Brazilian engineers work on the 797

According to people involved with the history, Boeing took serious looks alternately at Embraer and at its Canadian rival Bombardier over the past 18 years. Its renewed move on Embraer could herald the acquisition of engineering talent to work on its next new jet, the 797.

https://www.seattletimes.com/busines...rk-on-the-797/
Take over and then game over.
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