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Thursday, 4 May 2017

Exclusive: Iran in talks with UK over jetliner export funding | Reuters

Exclusive: Iran in talks with UK over jetliner export funding | Reuters:

"Iran is in talks with Britain's export credit agency to facilitate the financing of aircraft sales to state airline IranAir as part of its pact with world powers to lift sanctions over its nuclear program, a senior Iranian official said. IranAir's plan to buy more than 180 jets from Airbus [AIR.PA] and Boeing (BA.N) is the most visible economic deal on the table after major powers last year lifted most sanctions on Iran in return for restrictions on its nuclear activities. But financing for the purchases has been hard to secure because most Western banks are holding back, concerned about the future of the 2015 agreement after U.S. President Donald Trump called it a bad deal and ordered a review."



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