Tuesday, June 21, 2016

Boeing Signs Sales Agreement With Iran Air

Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 U.S. Embassy takeover in Tehran. Already, an Iranian official has suggested his country as a whole may purchase $25 billion in airplanes from Chicago-based Boeing, welcome news to workers on its massive assembly line north of Seattle and company stockholders. From Manufacturing.net.

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