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🔴 Breaking ❓ Unknown

Aviation Organization: Boeing and Airbus Await US Treasury Approval

May 24, 2026 May 24, 2026 3 min read 📰 Radio Farda
📋 Key Takeaway

Iran is in the process of finalizing agreements with Boeing and Airbus for the purchase of passenger aircraft, pending approval from the US Treasury Department. The total number of aircraft involved is 100, with a projected cost of $17 billion, although this figure is not confirmed. These developments are significant as they reflect ongoing negotiations amidst US sanctions and geopolitical tensions.

🔍 Quick Context Guide
💡 Bottom Line: The approval from the US Treasury is crucial for finalizing aircraft purchases.

👥 Key Players

Ali Abedzadeh QUOTED
Head of Civil Aviation Organization
"Mr. Abedzadeh stated that...the only remaining issue being the US Treasury's license."
CEO of Iran's national airline 'Homa' QUOTED
CEO
"one of the responsibilities of the manufacturer is 'to secure financing for the aircraft.'"
John Kirby QUOTED
Spokesperson for the US State Department
"John Kirby...said last week that based on the agreement with Tehran, 'on a case-by-case basis,' any transaction..."
US Treasury Department TARGET
Government body
"the US Treasury Department is one of the most important decision-making centers for granting licenses to companies regarding trade with Iran."

⚡ Actions

Civil Aviation Organization NEGOTIATE Boeing, Airbus
"Mr. Abedzadeh stated that negotiations with Boeing have been ongoing for a long time."
Confidence: 90%
Civil Aviation Organization ANNOUNCE Boeing, Airbus
"Ali Abedzadeh...provided details about the agreements between Iran and Boeing for the purchase of aircraft."
Confidence: 90%
Boeing and Airbus AWAIT US Treasury Department
"both Boeing and Airbus are 'waiting for approval from the US Treasury Department.'"
Confidence: 90%

📰 What Happened

Iran's Civil Aviation Organization negotiates aircraft purchases from Boeing and Airbus, pending US Treasury approval.

  • Civil Aviation Organization negotiate Boeing, Airbus
  • Civil Aviation Organization announce Boeing, Airbus
  • Boeing and Airbus await US Treasury Department

💡 Why It Matters

🇮🇷 For Iran: Because it could enhance Iran's aviation capabilities and international trade.
🌍 Regional: Because it may affect regional stability and relations with the US and Israel.
🌐 International: Because it involves US sanctions and international trade regulations.

📚 Background

The approval from the US Treasury is crucial for finalizing aircraft purchases.

📝 Key Evidence

"Boeing has submitted its official request for final sales approval to the [US] Treasury Department."
→ This shows the dependency on US Treasury approval for the aircraft sale.
📡 Source: INDEPENDENT
📊 Confidence: 80%
Radio Farda is known for its critical stance towards the Iranian government.

The head of the Civil Aviation Organization, in an interview with Iran newspaper, provided details about the agreements between Iran and Boeing for the purchase of aircraft, stating that a 'preliminary written agreement' has been made. According to him, both Boeing and Airbus are 'waiting for approval from the US Treasury Department.' Ali Abedzadeh, in an interview published on June 20, mentioned that the number of Boeing aircraft for purchase is 100, which is expected to be provided to Tehran 'through financing.' Iran had previously signed a similar agreement with Airbus, which according to the CEO of Iran's national airline 'Homa,' one of the responsibilities of the manufacturer is 'to secure financing for the aircraft.' Mr. Abedzadeh stated that both the contract with Boeing and with Airbus are awaiting US Treasury approval to finalize them. Previously, the Iranian Ministry of Roads and Urban Development announced that preliminary agreements with Boeing had been reached, with details to be announced in the future. The head of the Civil Aviation Organization stated that the '17 billion dollar' figure mentioned by 'some Western sources' regarding the purchase of Boeing aircraft is 'not definitive'; he did not mention another amount for this contract, saying it would be 'clarified after further negotiations.' Mr. Abedzadeh stated that 'Boeing has submitted its official request for final sales approval to the [US] Treasury Department, and after obtaining this approval, the final contract text will be concluded between the two parties.' The US Treasury Department is one of the most important decision-making centers for granting licenses to companies regarding trade with Iran, ensuring that current sanctions against Tehran for 'human rights violations,' allegations of 'state-sponsored terrorism,' and 'ballistic missile development' are not violated. Iran denies these allegations. The head of Iran's Civil Aviation Organization mentioned that negotiations with Boeing have been ongoing for a long time, and this American aircraft manufacturing company has also been serious in these negotiations. Mr. Abedzadeh referred to the 'only remaining issue' being the US Treasury's license and emphasized that Tehran is 'not rushing' in concluding the contract with Boeing. Some Republican representatives in the US Congress had previously criticized the preliminary agreements between Iran and Boeing for purchasing passenger aircraft, stating that Congress would not have a 'favorable approach' to this agreement. An Israeli legal group aligned with the policies of Benjamin Netanyahu's government has also announced that it is trying to prevent the implementation of the agreements between the two parties by filing a lawsuit in court. The US President, following the implementation of the nuclear agreement, issued an order last December granting permission for the sale of passenger aircraft to Iran. The US Treasury Department also granted a 'general license' for the sale of passenger aircraft to Iran to American companies on March 25. John Kirby, spokesperson for the US State Department, said last week that based on the agreement with Tehran, 'on a case-by-case basis,' any transaction, the issuance of licenses for the sale or transfer of 'purely commercial' aircraft to Iran is permitted.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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