Published on : Saturday, April 5, 2014
Boeing has been granted license from the US Treasury to export certain spare commercials parts to Iran.
There has been no public dealing with Boeing and Tehran since 1979.
This comes after the talks shared between the US Secretary of State John Kerry and Iran last year.
The step is a temporary agreement to ease sanctions on Tehran. The sanction has been granted for the safety of flights.
Under the deal brokered in November, Iran agreed to curtail its nuclear activities for six months in exchange for sanctions relief from nations including Britain, China and the US.
US Company General Electric said late on Friday it had received US permission to overhaul 18 engines sold to Iran in the late 1970s.
That work would be carried out at GE facilities or at German firm MTU Aero Engines, it said.
Iran Air is still flying passenger planes bought before the 1979 hostage crisis, during which 52 Americans were held hostage in Tehran for 444 days.
Iran has reportedly argued that sanctions imposed after the hostage ordeal have prevented Tehran from upgrading its plane fleet and reduced the safety of its aircraft.
Almost 25 Iranian planes have met with more than 200 accidents leading to the death of 2,000 people.
The license will cover safe flight operations for planes sold to Iran by the U.S. during the 1979, Iran’s revolution.
Boeing is confident that if a permanent deal is agreed then Iran is likely to purchase hundreds of new aircrafts.
But until a permanent discussion no questions of sale of new aircraft will arise said a Boeing spokesperson.
Tags: Boeing, britain, china, iran, Tehran
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