Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Boeing gets OK to sell plane parts to Iran

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Associated Press
Published:
CHICAGO — Boeing Co. said Friday that it received U.S. government approval to export certain spare parts for commercial airplanes to Iran.
A Boeing spokesman said that the parts were needed to ensure safe flight, but he declined to describe them further or put a dollar amount on them.
The spokesman, Marc Birtel, said Boeing's last delivery to Iran was a 747-100 jumbo jet in August 1979 — three months before American hostages were seized at the U.S. embassy in Tehran.
Birtel said Boeing got a license from the U.S. Treasury Department to export the spare parts under a temporary agreement that Secretary of State John Kerry reached with the Iranians late last year.
Officials at the Treasury Department, which oversees sanctions against Iran, did not immediately respond to requests for comment.
The U.S. and other countries reached an interim agreement in which Iran agreed to halt progress on its nuclear program in exchange for an easing of international sanctions that have squeezed its economy. Iran got access to parts for civilian aircraft and cars, medical supplies and other goods, senior U.S. officials said in January. The deal would run six months while both sides negotiate a permanent agreement.
President Barack Obama has warned that if companies try to do business with Iran in violation of sanctions, the U.S. would come down on them "like a ton of bricks."

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup