Iran mulls buying over100 Boeing planes

Iran is interested in buying over 100 aircraft from Boeing, deputy transport minister Asghar Fakhrieh Kashan told Reuters Sunday at Tehran’s first major post-sanctions gathering of global business people.

Tehran has long said it will need to revamp an aging fleet, hit by a shortage of parts because of trade bans imposed by Washington and other Western countries. World powers last week lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions.

source: Reuters