Iran’s Road and Urban Development Minister Mohammad Eslami said on Saturday that Boeing should be held accountable for its contract with the Iranian airliner 'Iran Air' (Homa in Persian).
Iran’s Road and Urban Development Minister Mohammad Eslami said on Saturday that Boeing should be held accountable for its contract with the Iranian airliner 'Iran Air' (Homa in Persian).
Tehran will sue Boeing at international tribunals after the US planemaker said it will not deliver aircraft to Iran in light of American sanctions, an Iranian lawmaker says.
"The Boeing and Airbus licenses will be revoked," Treasury Secretary Steven Mnuchin said on Tuesday.
Boeing chairman, president and CEO Dennis Muilenburg said the company has no deliveries to Iranian carriers scheduled for 2018.
Iran says US aviation giant Boeing will have to obtain an authorization from the administration of President Donald Trump within the next month for sales of 30 planes to its Aseman Airlines.
Deputy Roads Minister Fakhrieh Kashan said the latest decision by the US Congress to monitor aircraft deals with Iran aimed at discouraging financial institutes from conducting business and tracking or freezing Iran’s payments for purchasing planes.
Executives from aircraft manufacturers Airbus and Boeing are due to arrive in Tehran next week to negotiate and decide on the financing of Iran’s newly-purchased passenger airplanes.
Airbus and Boeing are going to send their representatives to Iran to discuss how to carry out their deals with the Islamic Republic, Iranian Minister of Transport Abbas Akhondi said.
The approval by the US government granting licenses to Airbus and Boeing companies to sell aircraft to Iran has cleared the way for the two aviation giants to enter deal with the Islamic Republic, says the head of Iran's Civil Aviation Organization.
Iran criticized measures approved by the US House of Representatives to block the sale of Boeing aircraft to Tehran, saying Washington is duty-bound to put right all measures that are inconsistent with last year’s nuclear agreement bet.