Global aviation giant Boeing announced on Thursday that Irans airlines could purchase its passenger jets in euros rather than in dollar if the United States financial system does not open up to Iran. The announcement has been made by Marty Bentrott, Boeings vice-president for Middle East sales, on the sidelines of the International Air Transport ...

Boeing sees a good opportunity for business in Iran, citing its long history in the country and saying it was awaiting a good-ahead from the US government to enter commercial talks with Iranian airlines. Iranian officials have said the countrywouldneed between 400-500 new aircraft worth at least $20 billion to renovate its aging fleet and that initial ...