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US firms apply for nod to sell jet parts to Iran

Published Mon, Sep 15, 2014 · 04:09 AM
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[WASHINGTON] US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities.

At least two leading manufacturers, Boeing and engine maker General Electric (GE), have applied for export licences in a six-month window agreed by Iran and six world powers in November, industry officials and other sources familiar with the matter said.

If approved, the sales would be the first acknowledged dealings between US aerospace companies and Iran since the 1979 US hostage crisis led to sanctions that were later broadened during the dispute over Iran's nuclear activities.

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