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Iran Says U.S. Will Soon Grant Licenses for Boeing, Airbus Deals

  • Iran agreed $10b Airbus deal financing with leasing company
  • Boeing deal has come under pressure from lawmakers in U.S.

Iran expects the U.S. Treasury to grant licenses by the end of this month that should help pave the way for the completion of the purchase of more than 200 aircraft from Boeing Co. and Airbus Group SE, Iran’s deputy transport minister Asghar Fakhrieh Kashan said in Tehran on Sunday.

Iran is trying to upgrade its aging airline fleet and in June signed an agreement with Boeing to buy 80 planes and lease 29 more. But the deal has come under pressure from lawmakers in the U.S. who have discussed various measures to restrict the sale, including prohibiting the Treasury Department from licensing it.