Iran Air announced yesterday that it has confirmed a Memorandum of Agreement (MOA) from June as a firm order. The deal includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, which are valued at $16.6 billion at list prices. Iran Air’s rationale for placing such a jumbo order must be to ensure the deal is so significant in terms of income and jobs to the US economy that any politically motivated cancellation would be difficult. Indeed Boeing was keen to stress the jobs angle in its press release: “Today’s agreement will support tens of thousands of U.S. jobs directly

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