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Open for Business in Iran: Boeing Seeks Aircraft Sales in Tehran

Boeing Co. has opened talks to sell airliners to Iran in what would be one of the highest-profile deals between a U.S. company and Tehran since the West lifted nuclear sanctions on the country in January.

Iran—eager to re-establish ties with Western companies after the deal to limit its nuclear program—quickly signed several landmark agreements with European companies to signal it had re-entered the international market. Agreements with U.S. companies have been slower to materialize, though, increasing the importance of a possible deal with a company like Boeing that is a flagship of U.S. technology and manufacturing around the globe.

Boeing said Monday it had begun preliminary discussions in Tehran with Iranian airlines about the potential sale of its planes and aircraft services. Its representatives “discussed the capabilities of its commercial passenger airplanes and aftermarket services with Iranian airlines approved by the U.S. government,” said a Boeing spokesman, who added that no formal deals on aircraft or services were made during the meetings.

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Boeing Co. has opened talks to sell airliners to Iran in what would be one of the highest-profile deals between a U.S. company and Tehran since the West lifted nuclear sanctions on the country in January.

Iran—eager to re-establish ties with Western companies after the deal to limit its nuclear program—quickly signed several landmark agreements with European companies to signal it had re-entered the international market. Agreements with U.S. companies have been slower to materialize, though, increasing the importance of a possible deal with a company like Boeing that is a flagship of U.S. technology and manufacturing around the globe.

Boeing said Monday it had begun preliminary discussions in Tehran with Iranian airlines about the potential sale of its planes and aircraft services. Its representatives “discussed the capabilities of its commercial passenger airplanes and aftermarket services with Iranian airlines approved by the U.S. government,” said a Boeing spokesman, who added that no formal deals on aircraft or services were made during the meetings.

Read More: The Wall Street Journal

Featured Image – The Wall Street Journal, Work is done on a 787 Dreamliner for Air India at Boeing’s North Charleston, S.C., plant in December 2013. Reuters

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