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Iran says to disclose "big deal" with Boeing

Xinhua, June 15, 2016 Adjust font size:

Iran said it would soon unveil a major deal to purchase passenger planes from Boeing, Tehran Times daily reported on Wednesday.

The deal with the U.S. aircraft manufacturer has been finalized, said Abbas Akhoundi, Iran's minister of Roads and Urban Development, adding that more details will be disclosed in a few days.

Iran has been able to save at least five million U.S. dollars in its negotiations over the final deal, Akhoundi said without further elaboration, reported Press TV.

In January, Iran reached an agreement with Airbus to buy 118 passenger planes worth around 27 billion dollars.

The country has announced its need for about 400 passenger planes in the next decade to modernize its aging fleet, according to Tehran Times.

Reports said that Iranian airliners are no longer interested in buying more Russian planes, as their performance during the period when Iran was under heavy Western sanctions was unsatisfactory. Endit