Boeing Sells Spare Aircraft Parts to Iran as Sanctions Ease
Analyst Blog/ ) had entered into an agreement with Iran Air in the second quarter of 2014 to sell airplane parts. The deal was pretty significant as sanctions imposed on Iran after the 1979 U.S. hostage crisis had impacted the country's civil airplane industry. Iran's commercial airplanes were aging over the years, raising concerns regarding their safety. In its third-quarter 2014 filing Boeing disclosed that it sold aircraft manuals, drawings and navigation charts and data to Iran Air, the country's flag carrier airline. The company ...
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