U.S. Finally Grants Licenses to Airbus and Boeing for Iran Air Sales

 
Airbus and Boeing have each received licenses from the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) to move ahead with sales of airliners to Iran Air, the companies confirmed Wednesday. In the case of Airbus, the license—the first of two for which the European airframer applied—covers “short-term” deliveries of 17 A320s and A330s to Iran Air. For Boeing, the OFAC license allows it to complete negotiations over a Memorandum of Agreement with Iran Air covering 80 airliners of various type, including 737s, 777s and 787s. Boeing has also agreed to help arrange the lease of another 29 of its jets to Iran Air. More here. 

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