Boeing and Iran Air plan $25 billion deal | Arabian Aerospace

Boeing and Iran Air have reached agreement on a $25 billion deal, as Boeing plans to sell the carrier 100 737 and 777 aircraft.

The deal is a large step in relations between the United States and Iran after sanctions on Tehran were lifted last year, and if approved, it will be the largest deal between the two countries since the 1979 revolution.  

“Boeing will continue to follow the lead of the US government with regards to working with Iran's airlines, and any and all contracts with Iran's airlines will be contingent upon US government approval," the carrier said in a statement.

The contract is not set in stone as many US congress members have been against the transaction. 

Arabian Aerospace - Boeing and Iran Air plan $25 billion deal