December 2016: Boeing Lands Biggest U.S.-Iran Deal Since 1979
Updated August 5, 2020 |
Infoplease Staff
U.S. News | Disasters & Science News
Here's a slideshow depicting the major world news events of December 2016.
1. French President Hollande Won't Seek Reelection 2. Sexual Abuse Scandal Strikes English Soccer 3. Italian Prime Minister Renzi Resigns 4. South Korean Lawmakers Vote to Impeach President Park 5. Kurdish Militants Kill Dozens in Istanbul 6. ISIS Recaptures Palmyra 7. Coptic Christians Targeted in Cairo 8. Boeing Lands First Post-Sanctions Deal with Iran 9. Canadian Actor Alan Thicke Dies 10. Aleppo Back in Government Hands 11. Russian Ambassador Assassinated in Turkey 12. ISIS Strikes Christmas Market in Berlin 13. IMF Head Christine Lagarde Found Guilty 14. Explosions Level Mexican Fireworks Market 15. Singer George Michael Dies 16. New Syrian Cease-Fire
- Boeing Lands Biggest U.S.-Iran Deal Since 1979
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- On Dec. 11, 2016, the airplane manufacturing company Boeing agrees to sell 80 aircraft to Iran Air for $16.6 billion. Boeing will give Iran Air 50 737s and 30 777s. This is the largest business deal between a United States company and an Iranian company since the 1979 revolution, when sanctions were placed on Iran. The deal is made possible by the Obama Administration, which lifted the economic sanctions on Iran in September. Part of the deal are promises by Iran to curtail its nuclear programs and not use the planes for military use. Iran Air is trying to modernize its outdated air fleet, which is dangerously behind in safety and technology.
- Photo source: AP Photo/Vahid Salemi, File
See also:
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