Iran said it had reached an agreement with Boeing Co (BA.N) for the supply of jetliners on Tuesday, reopening the country’s skies to new U.S. 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 U.S. government approvals to sell planes to Iran, which has been banned from buying U.S. jets for almost 40 years. (full article)