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April 7, 2014       Share:    

Source: http://www.aawsat.net/2014/04/article55330849

U.S. Treasury Approves Sale of Aircraft Parts to Tehran

(Asharq Al-Awsat-UK) A spokesman for Boeing said Friday that it had received approval to sell aircraft parts to Iran, as part of the partial easing of U.S. sanctions against the Islamic Republic agreed to in the interim nuclear deal last November. The last plane Boeing sold to Iran, a 747-100, was delivered three months before the 1979 hostage crisis that resulted in the first round of U.S. sanctions, and it has not done any acknowledged business with the country since. Most commercial aircraft have a service life equal to about 25 years with proper maintenance.

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