Iran Boeing Partnership

Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 US Embassy takeover in Tehran - if it goes through.

Iranian state television is reporting that the Islamic Republic has invited Boeing Co. to Tehran to negotiate a possible aircraft purchase, just after the country signed a major deal with its rival Airbus.

Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 US Embassy takeover in Tehran - if it goes through.

Iranian state television is reporting that the Islamic Republic has invited Boeing Co. to Tehran to negotiate a possible aircraft purchase, just after the country signed a major deal with its rival Airbus.