Boeing signs deal to sell jets to Iran’s state airline

Boeing Tuesday said it had signed a tentative agreement to sell jetliners to Iran, in what would be one of the Islamic Republic’s biggest deals with a US manufacturer since trade sanctions on Tehran were eased. The proposed agreement, which drew swift opposition from those concerned about business dealings with Iran, comes after months of talks between Boeing and Iran Air. Iran’s airlines have indicated a dire need for both medium-haul jets such as Boeing’s single-aisle 737 and long-haul aircraft like its 777 and 787 Dreamliners. Iran Air said Monday it planned to introduce 737 and 777 planes pending approval from its govt and the US. The planes, at least partly acquired through finance leases, would include Boeing’s newest long-haul plane, the 777-9, an airline official said. <br/>
Wall Street Journal
http://www.wsj.com/articles/boeing-signs-agreement-with-iran-1466500439
6/21/16