Iran has reached an agreement with the US Boeing to purchase 100 passenger planes to renew the country's aging fleet, the media reported on Sunday.
The deal awaits the US government's approval, head of Iran's Civil Aviation Organisation (CAO) Ali Abedzadeh said, Xinhua reported.
"We have 250 planes in the country, 230 need to be replaced," said Abedzadeh, adding that there could be no precise timeline for the contract without the US Treasury's permission.
Reportedly, the value of the deal amounts to $17 billion, but it is open for further negotiations.
On Wednesday, Iran's Minister for Roads and Urban Development Abbas Akhoundi said the deal with the US aircraft manufacturer was finalised and more details would be disclosed in a few days.
In January, Iran reached an agreement with Airbus to buy 118 passenger planes worth around $27 billion.
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--IANS
py/vt