© Reuters. Boeing logo at their head office in Chicago
DUBAI (Reuters) – Iran has actually reached a deal to purchase 100 aircrafts from U.S. planemaker Boeing (N:-RRB-, and the two sides are awaiting approval by U.S. Treasury authorities, the head of Iran’s Civil Air travel Organisation stated in remarks released by state media on Sunday. Up until now, Boeing has just been granted permission to present its items to IranAir and a handful of other airline companies as it tries to overtake Europe’s Airbus (PA:-RRB-, which won a provisional deal previously in 2012 for 118 jets worth $27 billion. Reuters reported on June 6 that Iran was edging towards a historic contract to buy jetliners from Boeing for the first time considering that the 1979 Islamic Transformation and that an offer for more than 100 airplane might be reached relatively soon. “Of the 250 (passenger) airplanes in Iran, 230 need to be replaced,” Ali Abedzadeh, the head of Iran’s Civil Aeronautics Organisation, informed the state-run everyday paper Iran, including that a written arrangement had actually been signed with Boeing to purchase 100 airplane. Abedzadeh said that no precise timeline might be offered for the implementation of the deal before an authorization is provided by the U.S. Treasury Department. He said Boeing had sent a main request to the United States Treasury for a last license for the aircraft sales and “the final contract is to be signed between the two sides after the permit has actually been obtained.” In January, IranAir agreed into purchase 118 jets worth $27 billion at list prices from Jet. The offer was conditional on U.S. export licenses since of the amount of U.S.-built parts. In comments about the Airplane purchases, Abedzadeh informed the Iran paper “The last obstacle in this area are just the authorizations from the United States Treasury Department.” Disclaimer: Blend Media would like to remind you that the data included in this site is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex rates are not offered by exchanges but rather by market makers, therefore prices may not be precise and might differ from the actual market value, suggesting rates are a sign and not appropriate for trading purposes. Therefore Blend Media does n`t bear any responsibility for any trading losses you may incur as an outcome of using this information. Blend Media or anyone involved with Combination Media will not accept any liability for loss or damage as an outcome of dependence on the details including information, quotes, charts and buy/sell signals included within this website. Please be fully informed regarding the dangers and expenses related to trading the financial markets, it is one of the riskiest investment types possible.