NEW YORK (Reuters) - Boeing Co said it had received on Wednesday a U.S. government licence allowing it sell jetliners to Iran, ending a decades-long ban and matching European rival Airbus , which also said it received licence approval.
The green light allows the Chicago-based plane maker to conclude sales of more than 100 planes that were outlined in a memorandum of agreement it reached with Iran Air in June, Boeing said.
"We have received that licence and remain in talks with Iran Air based on the MOA," Boeing said in a statement. "Any final sales agreement would have to adhere to the licence we've been issued."
(Reporting by Alwyn Scott; Editing by Alan Crosby)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
