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Iran Says has Finalized Deal to Buy 100 Boeing Airliners - ASHARQ AL-AWSAT English Archive
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Iran has reached a deal to buy 100 planes from U.S. planemaker Boeing, meanwhile both sides are waiting approval by U.S. Treasury authorities, the head of Iran’s Civil Aviation Organization said in remarks published by state media.

Boeing has only been allowed to display its products to Iranair and a minority of other airlines as it tries to catch up with Europe’s Airbus, which won a provisional deal earlier this year for 118 jets worth $27 billion.

Reuters reported on June 6 that Iran was on the edge of making a significant agreement to buy jetliners from Boeing for the first time since the 1979.

“Of the 250 (passenger) planes in Iran, 230 have to be replaced,” Ali Abedzadeh, the head of Iran’s Civil Aviation Organization, told the state-run daily newspaper Iran, adding that a written agreement had been signed with Boeing to buy 100 aircraft.

However, the latter did not specify any dates as when could the the implementation of the deal take place, especially that it’s pending an authorization to be issued by U.S. Treasury Department.
“The final obstacle in this area are only the permits from the U.S. Treasury Department,” Abedzadeh told the Iran newspaper.

Asharq Al-Awsat English

Asharq Al-Awsat English

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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