Boeing and Airbus get green light to sell planes to Iran

Boeing and Airbus get green light to sell planes to Iran

Boeing has been given the green light by the US government to sell planes to Iran.

A Boeing spokesman said it is still negotiating terms with Iran on the sale of as many as 109 jetliners.

European aerospace giant Airbus was the first to receive a license allowing that allows it to sell the first 17 planes in a landmark deal with Iran.

Airbus spokesman Justin Dubon said that Airbus received the license and that the first 17 planes will be A320s and A330s.

Earlier this year, national airliner Iran Air signed agreements to buy 118 planes from Airbus in a deal estimated to be worth some 22.8 billion euros ($25 billion).

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