Boeing, GE Allowed to Sell Spare Parts to Iran: Report
TEHRAN (Tasnim) – Boeing Co (BA.N), the world's biggest airplane maker, and engine maker General Electric Co (GE.N) have been allowed to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.
The companies announced on Friday they had received licenses from the US Treasury Department to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.
The Treasury had approved the GE Company’s application to service 18 engines sold to Iran in the late 1970s, the company’s spokesman Rick Kennedy said.
They will be serviced at facilities owned by GE or Germany's MTU Aero Engines (MTXGn.DE), which is licensed to do the work.
The spokesman also noted that GE officials would meet with officials from Iran flag carrier (IranAir) and MTU in Istanbul next week to discuss Iran's needs.
A spokesman from Boeing Company said his company received the license this week and would now contact Iranian officials to discuss which parts were needed.
The license did not allow any discussions about sales of new aircraft to Iran, he said, Reuters reported.
He added that it covered only components needed to ensure continued safe flight operations of older Boeing planes sold to Iran before the 1979 revolution.
According to reports, both Boeing and GE had applied for permission to export aircraft parts to Iran based on a six-month interim deal agreed by Iran and six world powers in November.
On November 24, 2013, Tehran and the Group 5+1 (the five permanent UN Security Council members plus Germany) signed an interim six-month deal on Tehran’s nuclear program in the Swiss city of Geneva.
The breakthrough deal (the Joint Plan of Action), which has come into effect since January 20, stipulates that over the course of six months, Iran and the six countries will draw up a comprehensive nuclear deal which will lead to a lifting of the whole sanctions on Iran.