Boeing signs sales agreement with Iran Air
Iran Air wants to buy new generations of Boeing 737, as well as the 300ER and 900 version of Boeing 777
 "Boeing")
The Boeing logo is seen at their headquarters in Chicago. Photo: Reuters
Boeing Co has confirmed signing an agreement with Iran Air "expressing the airline's intent" to buy its aircraft.
In a statement on Tuesday to The Associated Press, Boeing says it signed the agreement "under authorisations from the US government following a determination that Iran had met its obligations under the nuclear accord reached last summer."
It offered no details on the sale.
Iran's national carrier, Iran Air, said on Monday that it wants to buy new generations of the Boeing 737, as well as the 300ER and 900 version of Boeing 777.
Iran's transportation minister said earlier today a possible deal between the Islamic Republic and Chicago-based Boeing could be worth as much as $25 billion.
In a statement on Tuesday to The Associated Press, Boeing says it signed the agreement "under authorisations from the US government following a determination that Iran had met its obligations under the nuclear accord reached last summer."
It offered no details on the sale.
Iran's national carrier, Iran Air, said on Monday that it wants to buy new generations of the Boeing 737, as well as the 300ER and 900 version of Boeing 777.
Iran's transportation minister said earlier today a possible deal between the Islamic Republic and Chicago-based Boeing could be worth as much as $25 billion.
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First Published: Jun 21 2016 | 2:28 PM IST