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    Iran and US are Talking But About Just What?

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    Rial Passes 1 Million Mark

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    Trump’s Intel Says Iran Still Not building A Bomb

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    Opec Pumps More Crude, Just When Its Not Needed

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    Lithium Deposits Being Hyped By Some in Iran

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    Despite Trump, Iran Sells China More Oil

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    Trump Hits Iran With 10% Tariff On Next-To-No Trade

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    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Canada Party Boss Says Iran’s Leaders Are ‘Liars’

    Making Life Harder For Afghans

    Making Life Harder For Afghans

    Iran and US are Talking But About Just What?

    Iran and US are Talking But About Just What?

    New Species Of Praying Mantis Found Playing Dead in Desert

    New Species Of Praying Mantis Found Playing Dead in Desert

    Gen. Naqdi Says The End is Near

    Gen. Naqdi Says The End is Near

    Rial Passes 1 Million Mark

    Rial Passes 1 Million Mark

    Trump’s Intel Says Iran Still Not building A Bomb

    Trump’s Intel Says Iran Still Not building A Bomb

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    House GOPers Seek to Put all Sanctions in Law so Dem Prez Can’t End Them

    Farah’s Museum Puts Picasso Work on Display

    Farah’s Museum Puts Picasso Work on Display

  • Diaspora
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    Opec Pumps More Crude, Just When Its Not Needed

    Opec Pumps More Crude, Just When Its Not Needed

    Lithium Deposits Being Hyped By Some in Iran

    Lithium Deposits Being Hyped By Some in Iran

    Despite Trump, Iran Sells China More Oil

    Despite Trump, Iran Sells China More Oil

    Despite Revolutionary Goals, Iran’s Exports Still Mostly Oil-Based

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    Trump Hits Iran With 10% Tariff On Next-To-No Trade

    The Oil Patch

    The Oil Patch

    Iran Wealth Flees Country via Cryptocurrencies

    Iran Wealth Flees Country via Cryptocurrencies

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Gov’t Signs Huge Contracts to Push More Gas out of South Pars Gasfield

    Rial Hits New Low of 949,000, but Stops Falling

    Rial Hits New Low of 949,000, but Stops Falling

  • Tidbits and Morsels
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    Drone Attack That Killed 3 US Troops in Jordan Could Have Been Foiled

    Iranian-Canadians Reportedly Turned Away at US Border

    Iranian-Americans: an Account of Integration and Achievement

    Jamshid Myth

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Two Cabinet Ministers Convicted in $3.4B Case of Corruption at Tea Firm

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Resolution in US House Would Very Quietly Endorse Mojahedin-e Khalq

    Subsidized Currency Stays

    Crypto Crackdown Seen as Fueling Rial Collapse

    Iran no Longer Advances Clocks at Now Ruz

    Iran no Longer Advances Clocks at Now Ruz

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Aseman is buying 30 Boeings, with 5% in cash

June 16, 2017

LogoAsemanIran’s Aseman Airlines has fi-nalized an agreement to buy 30 Boeing 737 MAX jets for $3.0 billion, the company said Saturday, with an option to buy 30 more.

The deal, announced in April, was signed at a ceremony in Tehran and the 30 planes are due for delivery between 2022 and 2024.

However, the deal could be scuppered if US President Donald J. Trump doesn’t allow the US Treasury Department to issue a license permitting the sale.

Aseman spokesman Amir Reza Mostafavi told Agence France Presse (AFP) that Aseman would pay five percent of the contract in cash, with the remainder paid through a financing deal organized by Boeing.  This is the most detailed explanation of the financing for any plane purchase deal given by an Iranian airline.

During the Obama Administration, the Treasury Department approved the sale of the 80 Boeings and 100 Airbuses to Iran Air. The first few Airbus jets have already arrived in Tehran.

Aseman currently has a fleet of 36 planes — half of them 105-seat Dutch Fokker 100s.

Its three Boeing 727-200s are almost as old as the Islamic revolution, having made their first flights in 1980.

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