A little more than a month before the inauguration of President-elect Donald Trump, Iran’s national airline inked a $16.6 billion deal with The Boeing Co. to acquire 80 airplanes to bolster its aging fleet.
Tehran-based Iran Air, the oldest airline in the Middle East, and Chicago-based Boeing unveiled the landmark transaction—the first between the U.S. and Iran in nearly 40 years—on Dec. 11. In a press release, Boeing said the company “coordinated closely with the U.S. government throughout the process leading up to the sale and continues to follow all license requirements as it moves forward to implement the sales agreement.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
