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Weapons of Mass Destruction (WMD)

Iran, Boeing ink MoU on purchase of aircraft

IRNA - Islamic Republic News Agency

Tehran, June 20, IRNA -- Public relations of Iran Air, Iran's national flag airline carrier, announced on Monday that Iran and giant US aviation company Boeing have signed a memorandum of understanding (MoU) for purchase of modern airplanes from Boeing.

Iran Air said that the MoU was signed after visit of Boeing company's representatives to Iran and holding several rounds of talks with senior Iranian officials on renovation of Iran's passenger planes.

The MoU permits purchase of several Boeing family airplanes, including 737 (new generation) and models 900 and 300 from Boeing 777 series by Iran Air.

The Iran Air's public relations announced that the contract will be finalized on the condition of obtaining final permissions from the Iranian and US governments.

Last week, Minister of Roads and Urban Development Abbas Akhoundi disclosed that the country has reached an agreement with global aviation giant Boeing.

'We have reached a deal with the global aviation giant Boeing over the purchase of new planes that could set a new milestone in the country's efforts to revamp its aging air fleet,' Akhoundi said.

The Iranian minister reiterated that the deal with Boeing has been finalized, and said, 'Its details will be announced within next few days.'

Akhoundi reiterated that Iran has been able to save at least $5 million in its last negotiations over the finalization of the purchase.

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