- Business Insider•7 hours ago
This year, Boeing is celebrating its centennial anniversary. In the century since its...
The United States said on Friday it would allow foreign airlines to fly U.S.-made aircraft to Iran, providing greater assurance to aviation companies as Iran tries to re-establish trade and business links following the lifting of sanctions. The U.S. Treasury's Office of Foreign Assets Control on Friday issued a license allowing U.S.-made planes to have "temporary sojourn" in Iran, meaning airlines such as Lufthansa, Turkish Airlines, or others flying frequently to Iran are expressly allowed to use U.S.-made planes, or planes with U.S. parts, to fly there. Iran and world powers reached a deal on Tehran's nuclear program last July that allowed for the lifting of most sanctions on the country, although many U.S. sanctions remain in place.
The Boeing CompanyLSE
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