Boeing seals the deal to sell new airplanes to Iran Air
- 8 years ago
Boeing confirmed Tuesday it reached a tentative deal to sell airplanes to Iran.
Few details have been disclosed so far, but it could be one of the biggest business agreements between the nation and an American manufacturer since trade sanctions against Iran were softened in January.
Iran is in serious need of planes, with the average age of Iran Air’s fleet at 22 years old, and the country had one of the worst safety records in the world.
An Iranian official said the country will need 400 passenger planes over the next 10 years.
The deal is worth about $25 billion.
Few details have been disclosed so far, but it could be one of the biggest business agreements between the nation and an American manufacturer since trade sanctions against Iran were softened in January.
Iran is in serious need of planes, with the average age of Iran Air’s fleet at 22 years old, and the country had one of the worst safety records in the world.
An Iranian official said the country will need 400 passenger planes over the next 10 years.
The deal is worth about $25 billion.