BREAKING NEWS

Iran nuclear pact opponents lobby in US against Boeing, Airbus deals

As the US Treasury Department decides whether to license sales of Boeing Co (BA.N) and Airbus (AIR.PA) commercial aircraft to Iran, opponents of last year's nuclear pact with the Islamic republic have launched a lobbying campaign against the deals.
The international agreement to curb Iran's nuclear program made such sales possible by easing sanctions on Tehran, but some members of the US Congress who oppose it want to block the proposed sales of some 200 jetliners, worth about $50 billion at list prices, to renew Iran Air's aging fleet.
While they oppose any action that could boost the Tehran government, they also argue that Iran could use passenger aircraft for military purposes such as transporting fighters to battle U.S. troops or allies in Syria or elsewhere.
Boeing and Airbus, the world's two largest planemakers, struck provisional agreements with the Iranian carrier earlier this year.