Boeing Makes 1st U.S. Deal With Iran

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An Iranian official said Tuesday the country has reached a deal to buy planes from Boeing. The deal would be the first of its kind between Iran and a U.S. company since sanctions were lifted this year. An Iranian minister of roads and urban development, Abbas Akhound, said details would be forthcoming over the next week.

The planes would massively improve Iran’s fleet: They are considered some of the oldest and most dangerous planes worldwide.

Boeing also said Tuesday that the company was in communication with Iranian airlines about “potential purchases” regarding commercial passenger planes, but did not provide details of those discussions. Read more at CNN Money.

{CB Frommer-Matzav.com}

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