Boeing Signs Agreement with Iran
June 21 2016 - 5:43AM
Dow Jones News
By Robert Wall
LONDON-- Boeing Co. Tuesday said it had signed a tentative
agreement to sell jetliners to Iran, in what would be one of the
Islamic republic's biggest deals with a U.S. manufacturer since
trade sanctions on Tehran were eased.
The deal comes after months of talks between Boeing and Iran
about a deal. Details of the potential transaction haven't been
disclosed, although Iranian Transport Minister Abbas Akhoundi told
state television Tuesday that the deal could have a value of up to
$25 billion, according to the Associated Press.
"Boeing confirms the signing of a Memorandum of Agreement (MOA)
with IranAir expressing the airline's intent to purchase Boeing
commercial passenger airplanes," the world's largest plane maker
said.
Write to Robert Wall at robert.wall@wsj.com
(END) Dow Jones Newswires
June 21, 2016 05:28 ET (09:28 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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