Boeing to sell 100 passenger planes to Iran

Iran has reached an agreement with the U.S. Boeing to purchase 100 passenger planes to renew the country’s aging fleet, Press TV reported on Sunday.

The deal awaits U.S. government’s approval, Head of Iran’s Civil Aviation Organization (CAO) Ali Abedzadeh was quoted as saying.

“We have 250 planes in the country, 230 need to be replaced,” said Abedzadeh, adding that there could be no precise timeline for the contract without U.S. Treasury’s permission.

Reportedly, the value of the deal amounts to 17 billion U.S. dollars, but it is open for further negotiations.

On Wednesday, Iran’s minister of Roads and Urban Development, Abbas Akhoundi, said the deal with the U.S. aircraft manufacturer has been finalized, and more details would be disclosed in a few days.

In January, Iran reached an agreement with Airbus to buy 118 passenger planes worth around 27 billion dollars.

The country has announced its need for about 400 passenger planes in the next decade to modernize its aging fleet, according to Tehran Times daily.

Reports said Iranian airliners are no longer interested in buying more Russian planes, as their performance during the period when Iran was under heavy Western sanctions was poor and unsatisfactory.

Zinhuanet