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Boeing in deal to provide plane parts to Iran

A Boeing 737 model at Le Bourget airport in France on June 17, 2013Boeing has struck a deal with Iran Air to provide plane parts, the first time the US firm will be doing business with Iran since the US embargo of 1979. According to a regulatory filing published Wednesday, Boeing will supply goods and services “related to the safety of flight” to Iran Air, the country’s flag carrier. Boeing also reported it had discussions with the flag carrier’s subsidiary, Iran Air Tours, on the potential sale of similar goods and services. In April, the US government issued a license allowing Boeing, for a “limited period of time,” to provide “spare parts that are for safety purposes” to Iran.

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