U.S. Sells 16.6 Billion Dollars Worth Of Aircrafts To Iran

Photo Credit: (PressTV)

On Sunday, IranAir signed a deal with Boeing for the purchase of 80 passenger planes.

The agreement is the biggest U.S.-Iran deal since the 1979 Islamic revolution.  

U.S. aircraft maker Boeing initially announced in June that it had agreed to sell IranAir 100 jets.

Farhad Parvaresh, the chairman of Iran’s flag carrier, said, “The 10-year deal included 50 Boeing 737.”

According to Reuters, Fletcher Barkdull, a Boeing regional director, was in Tehran for the signing ceremony. The Islamic Republic News Agency (IRNA) quoted Barkdull as saying that the deal, worth $16.6 billion dollars, was approved by the U.S. government.


Photo Credit: (PressTV)

In November, the U.S. House of Representatives passed a bill designed to block the sale of commercial aircraft to Iran. “The bill would bar the U.S. Treasury from issuing licenses that U.S. banks would need to finance sales of commercial aircraft,” Reuters reported.

This isn’t the first contentious deal made between the U.S. and Iran. WRAL reported that in September of this year Washington approved Boeing and Toulouse, a France-based Airbus, to sell aircraft to Iran worth millions of dollars.


Photo Credit: (Airbus)

As parts required for the production of the Airbus are derived in the United States, France required U.S. approval on their portion of the deal.


Comment via Facebook


Comment via Disqus

Send this to friend