BREAKING NEWS

Iran said to buy 100 Boeing airliners

By REUTERS

JUNE 19, 2016 09:44

DUBAI - Iran has reached an agreement with US planemaker Boeing to buy 100 planes, and the two sides are awaiting approval by US Treasury authorities, the head of Iran's Civil Aviation Organization said in remarks published by a state-run Iranian newspaper on Sunday.

"Of the 250 (passenger) planes in Iran, 230 have to be replaces," Ali Abedzadeh told the daily Iran, adding that a written agreement had been signed with Boeing to buy 100 aircraft.7

So far, Boeing has only been granted permission to present its products to Iranair and a handful of other airlines as it tries to catch up with Europe's Airbus AIR.PA, which earlier this year won a provisional deal for 118 jets worth $27 billion.

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