--- description: The proposed deal could be the biggest a U.S. manufacturer has made with Iran since the easing of sanctions title: Boeing Signs Deal to Sell Planes to Iran image: https://static.time.com/v3/assets/bltea6093859af6183b/bltd14b46b86d7b0d11/698898c2f887dca4dce96554/boeing-airliner.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Aviation](/tag/aviation/) ## Aviation Update your preferences in [Account Settings](/account/preferences/) Close # Boeing Signs Deal to Sell Planes to Iran by [Tara John](/author/tara-john/) ## Tara John Update your preferences in [Account Settings](/account/preferences/) Close Jun 21, 2016 2:09 PM CUT  The Boeing logo hangs on the corporate world headquarters building of Boeing November 28, 2006 in Chicago, Illinois. The Boeing logo hangs on the corporate world headquarters building of Boeing November 28, 2006 in Chicago, Illinois.Scott Olson—Getty Images by [Tara John](/author/tara-john/) ## Tara John Update your preferences in [Account Settings](/account/preferences/) Close Jun 21, 2016 2:09 PM CUT After months of talks, Boeing has signed a tentative agreement to sell jetliners to Iran, in a deal that could be worth up to $25 billion. The proposed deal with state-owned Iran Air could be the biggest a U.S. manufacturer has made with the country since the[ easing of trade sanctions](http://time.com/3957305/iran-nuclear-deal-obama/ "undefined"), [reports the Wall Street _Journal._](http://www.wsj.com/articles/boeing-signs-agreement-with-iran-1466500439 "undefined") Boeing is one of the many plane makers eyeing the Iranian market. In January, the European Airbus Group SE announced a 118-jet agreement with Iran, which has yet to be completed. Iran Air said on Monday that pending approval from its government and the U.S., it planned to lease single-aisle 737 and long-haul 777 planes. But such a deal could be months from completion due to lenders’ uncertainty over financing projects with the Islamic Republic and the need for the U.S. to sign off on any sale to Iran. The U.S. has maintained [sanctions](http://time.com/4325818/iran-us-supreme-court-terror-attack-compensation/ "undefined") on Iran’s airlines due to fears that they may be supporting terrorism. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4376330/boeing-deal-sell-jetliners-iran/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4376330/boeing-deal-sell-jetliners-iran/"},"headline":"Boeing Signs Deal to Sell Planes to Iran","datePublished":"2016-06-21T14:09:45.000Z","dateModified":"2026-02-22T22:44:17.013Z","description":"The proposed deal could be the biggest a U.S. manufacturer has made with Iran since the easing of sanctions","url":"https://time.com/4376330/boeing-deal-sell-jetliners-iran/","keywords":["Aviation","Travel"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltd14b46b86d7b0d11/698898c2f887dca4dce96554/boeing-airliner.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Tara John","jobTitle":null,"url":"https://time.com/author/tara-john/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltd14b46b86d7b0d11/698898c2f887dca4dce96554/boeing-airliner.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"The Boeing logo hangs on the corporate world headquarters building of Boeing November 28, 2006 in Chicago, Illinois.","caption":"The Boeing logo hangs on the corporate world headquarters building of Boeing November 28, 2006 in Chicago, Illinois.","creditText":"Scott Olson—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/aviation/","name":"Aviation"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4376330/boeing-deal-sell-jetliners-iran/","name":"Boeing Signs Deal to Sell Planes to Iran"}}]}] ```