11 Apr 2025
Thursday 17 September 2015 - 21:41
Story Code : 180859

Boeing foresees big business in Iran

Boeing sees a good opportunity for business in Iran, citing its �long history� in the country and saying it was awaiting a good-ahead from the US government to enter commercial talks with Iranian airlines.�

Iranian officials have said the country�would�need between 400-500 new aircraft worth at least $20 billion to renovate its aging fleet and that initial negotiations have begun with the likes of Boeing and Airbus.

But Boeing Vice Chairman Ray Conner said, �We�re still waiting on getting the go-ahead from our government to still even have those kinds of discussions.�

The US Treasury Department has granted a temporary permit to sell aircraft parts to Iran�s commercial airlines under an interim nuclear deal dating back to November 2013.

For full-fledged business, however, a landmark nuclear accord reached in July has to be implemented which would entail the removal of all sanctions on the Islamic Republic.

For the moment, the US government is sticking�to its old hardline policy which has led to a number of aviation mishaps and the deaths of hundreds of Iranians.

In May, US Treasury Department imposed sanctions on two aviation companies for selling second-hand Airbus aircraft to Iran�s second carrier, Mahan Air.

[caption id="" align="alignnone" width="555"] An Iran Air Boeing 747 is shown taxiing at Frankfurt Airport on August 21, 1999.[/caption]

Meanwhile, the flag carrier�Iran Air�is cooling its heels to replace its fleet of Boeing planes bought before the Islamic Revolution in 1979 when the Iranian shah was a close ally of the United States.

�We have a long history with Iran. We had a big presence there for a number of years,� Conner, also president and CEO of Boeing Commercial Airlines, told reporters on a visit to the aircraft�s manufacturer�s offices in Renton, Washington.

Another official said he believed the Iranian carriers would go for Boeing aircraft when the purchase window opened because of the manufacturer�s �long-standing relationship with Iran as a customer�.

�We believe there will be a good opportunity for us there and we believe there will be a good opportunity our competitors, and I think they will be looking at buying from both of us,� said Marty Bentrott.

Boeing�s vice president for sales in Middle East, Russia and Central Asia was apparently referring to Airbus.

Mohammad Khodakarami, the caretaker director of Iran�s Civil Aviation Organization (CAO), said last month the country could buy 80-90 planes per year from the two aviation manufacturers when�all hurdles on the way of normal trade were removed.

By Press TV
https://theiranproject.com/vdcamwn6o49naa1.tgk4.html
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