Boeing, Airbus draft concessions for Iran to make parts
Tehran, Iran, October 29
By Mehdi Sepahvand –- Trend:
Giant airplane makers Boeing and Airbus are about to grant Iran concession to make aircraft parts, Iranian Transport Minister Abbas Akhondi said.
“The two companies have given Iran permission to make and maintain aircraft parts, a point that has been mentioned in the drafts of agreements with the two companies,” Akhondi told Mehr news agency October 29.
Months after they had signed deals with Iran, the two aircraft manufacturers were authorized by the US Treasury to sell their products to Iran just in September.
In January Iran and Airbus signed a deal over 118 airliners. But the company could not accomplish the deal as it was restricted by the Office of Foreign Assets Control of the United States in doing business with Iran. A similar deal between Tehran and Boeing had the same story.
Iran plans to buy about 500 aircraft in 10 years to refurbish its aging fleet. Iranian airliners average 25 in age.