Boeing Says, no Aircraft Will Be Delivered to Iran

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Boeing was among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were eased


NEW YORK

Boeing will not deliver aircraft to Iran in light of US sanctions, effectively aborting a pair of large contracts with Iranian carriers, a Boeing spokesman said on Wednesday.

Boeing no longer has a licence to sell to Iran following a move by President Donald Trump to pull out of the 2015 Iran nuclear accord, the Boeing spokesman said. Boeing had previously said it would respect US policy on Iran but had not commented directly on deliveries.

Boeing and Airbus were among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were eased.

Boeing in December 2016 announced an agreement to sell 80 aircraft valued at $16.6 billion to Iran Air. Boeing also announced a contract in April 2017 to sell Iran Aseman Airlines 30 Boeing 737 MAX aircraft for $3 billion, with purchase rights for another 30 aircraft.

Last week, a person close to the matter said engineering giant General Electric would cease all activities in Iran by November 4 and meet a 180-day deadline set by the Trump administration to exit the country.

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