
Reports from Tehran suggest that Iran’s flag carrier airline has struck a deal to purchase jetliners from the Boeing Co., which would mark a milestone in U.S. commercial relations with the Islamic Republic.
“In coming days, details of the deal with this company will be announced,” the semi-official Mehr news agency quoted Abbas Akhoundi, Iran’s minister of roads and urban development, as saying today.
The Reuters news agency quoted unnamed sources as saying the deal calls for Iran Air to acquire more than 100 Boeing jets, from the company directly and from leasing companies. Iran Air operates under the umbrella of Akhoundi’s ministry.
Such an arrangement would match Iran Air’s provisional agreement to purchase 118 Airbus jets worth as much as $27 billion. Reuters said that the Airbus agreement, announced in January, still requires export licenses from the United States due to the use of significant U.S. technology.