Economics

Iran Says Laggard Boeing Can Still Win Orders After Airbus Deal

  • State carrier says U.S. planemaker was slower off mark
  • 737 -- favored for domestic routes -- lost out to A320
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Iran Air said it’s open to buying aircraft from Boeing Co. even after ordering 118 jetliners worth $27 billion from competing planemaker Airbus Group SE as soon as international sanctions were removed last month.

Boeing is “lagging behind a bit” and might have acted faster given that the U.S. Treasury, which plays a key role in policing trade barriers, could have granted an export license via its Office of Foreign Asset Control, Iran Air Chief Executive Officer Farhad Parvaresh said in an interview.