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Jesus Malverde

(10,274 posts)
Sun Apr 6, 2014, 09:44 AM Apr 2014

Boeing, GE say get U.S. license to sell spare parts to Iran

Boeing Co , the world's biggest airplane maker, and engine maker General Electric Co said on Friday they had received licenses from the U.S. Treasury Department to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.

GE spokesman Rick Kennedy said the Treasury had approved the company's application to service 18 engines sold to Iran in the late 1970s. They will be serviced at facilities owned by GE or Germany's MTU Aero Engines , which is licensed to do the work.

He said GE officials would meet with officials from Iran flag carrier Iranair and MTU in Istanbul next week to discuss Iran's needs.

A Boeing spokesman said his company received the license this week and would now contact officials in Iran to determine which parts were needed.

http://www.chicagotribune.com/business/sns-rt-us-boeing-iran-parts-20140404,0,5379765.story

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