Iran reaches deal to purchase 100 Boeing planes

US government still needs to approve $17 billion contract to update Iranian passenger jet fleet

TEHRAN, Iran — Iran said Sunday it has reached an agreement with American aerospace giant Boeing to purchase 100 aircraft to renew its aging fleet, though the deal must still be approved by the US government.

The Islamic Republic has ordered about 200 planes from three Western manufacturers since mid-January, when economic sanctions were lifted following a deal on Tehran’s nuclear program. Continue reading