LIVE Video: Day 2 of testimony in Trump impeachment hearings

Iran says possible Boeing deal could be worth $25 billion

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

TEHRAN, Iran (AP) _ Iran’s transportation minister is saying a possible deal between the Islamic Republic and Boeing Co. could be worth as much as $25 billion.

Chicago-based Boeing didn’t immediately respond to a request for comment, but the figure would be on par with a sale already made by its European rival Airbus to Iran.

Iranian Transportation Minister Abbas Akhoundi’s remarks on state television on Wednesday are the first figures floated by Tehran about the proposed sale.

Boeing is likely cautious about entering Iran’s market as other sanctions remain in place against Tehran. American officials say the sale would need permission from the U.S. Treasury.

Iran’s national carrier, Iran Air, says it wants to buy new generations of the Boeing 737, as well as the 300ER and 900 version of Boeing 777.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.