Iran to buy 100 new Boeing planes

TEHRAN, June 19 (KUNA) — An agreement has been reached between Iran’s Civil Aviation Organization (CAO) and US’ Boeing on the purchase of 100 new passenger planes as part of the Iranian government’s plan to renew the country’s fleet, official media reported Sunday.
The deal is currently pending the US government’s approval, Ali Abedzadeh, CAO’s Chief Executive, said, adding that Boeing has submitted an official request to the US Treasury for a final approval to sell the planes to Tehran, according to Mehr News Agency.
The deal is to be finalized between the two sides immediately following US Treasury’s approval, Abedzadeh said, ruling out media reports on the deal’s value, USD 17 billion, to be final, and said that details are to be determined later.
Meanwhile, Iranian Deputy Transport Minister Asghar Fakhrieh Kashan said that a major deal that it sealed with Airbus to buy 118 new planes is still pending the approval of the US government, noting that the deal would be finalized in the next 30 days. (end) mw.ma