After 40 years, Boeing to deliver first jets to Iran next year

#Boeing $BA is planning to deliver initial planes in a $16.6B 80-jetliner sale to Iran Air starting next year, #Bloomberg reports. “That remains on track,” CEO Dennis Muilenburg told reporters, according to Boeing Business Jet Family
K63803Bloomberg. “It’s really important that at every step of the process, we’re working on this hand-in-hand with the U.S. government.”

The company also has a separate $3B agreement with #Iran #Aseman Airlines. #Airbus $EADSY has already delivered initial planes in a $19B sale after international restrictions on trade were lifted following a nuclear accord.

“The prospect of renewed aircraft deliveries to the Islamic republic continues to rankle conservatives, who say the jetliners will be used for military purposes or to support terrorist groups,” according to Bloomberg.

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