Boeing and Iran Air on December 11, 2016 announced an agreement for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9 Dramliners, valued at $16.6 billion at list prices.

Based on its Memorandum of Agreement (MOA) with Iran Air announced in June 2016, the contract was reached within the terms of the U.S. Government license issued to Boeing in September.