The U.S. Treasury Department last month approved airplane sales to Iran for both Boeing and Airbus, issuing both licenses to do business with Iran Air.
The landmark move comes after the United States lifted some sanctions against Iran as part of the 2015 nuclear deal between the United States, Iran and five other countries.
Earlier this year, Boeing signed a memorandum of agreement with Iran Air for the sale of 80 planes. Now with the treasury license, Boeing can complete those sales. Airbus plans to deliver 118 planes — A320s and A330s — to Iran Air as part of an agreement reached in January. Approval for that sale is expected soon.
The Treasury Department approvals were not without contention. Two measures passed by House Republicans in July sought to prevent any Boeing sales to Iran Air, citing concerns Iran could use the planes for the transport of military cargo.
“These licenses contain strict conditions to ensure that the planes will be used exclusively for commercial passenger use and cannot be resold or transferred to a designated entity,” a Treasury spokesperson said in an email to Travel Weekly.
As every avid traveler knows, you may need to get up and stretch your legs at some point during a long segment of travel. Your legs might still get stiff, but these socks from Dr. Segal will keep the blood pumping back to your heart.
Looking for a truly unique travel experience and considering a new vehicle? The Volvo Overseas Delivery Program is the perfect solution to create your own adventure of a lifetime. Volvo allows you to custom order your new automobile tailored to fit your needs and desires. They will fly you to Sweden to pick up your Volvo so you can drive and explore Scandinavia and Europe on your terms for up to two weeks.
The new Hotel Indigo Brussels – City boasts a botanical theme. The hotel in Brussels’ Little Manhattan is located near the city’s Botanical Gardens, making the theme fitting.
Delta Air Lines saw its stock price skyrocket last month after the airline posted Q4 earnings exceeding Wall Street expectations. At one point after the news, Delta’s stock price was up 4.5 percent, its highest levels since July, according to MarketInsider.
oneworld is an alliance of 13 world-leading airlines committed to providing the highest level of service and connecting you to more than 1,100 destinations around the world.
Frontier Airlines recently announced three new non-stop routes from Philadelphia (PHL). New service to Boston (BOS), Chicago (ORD) and Los Angeles (LAX) brings Frontier’s total non-stop options from Philadelphia to 24 flights.
The city took its name from Athena, goddess of wisdom, strategy and war, and protector of the city. The financial, political and administrative center of the country and an all-powerful city-state in antiquity, Athens is a major center of culture. A visit to the first-ever museum dedicated to Byzantium, a stroll around the National Garden and a trip to the Olympeion archaeological site will take you back through time.
Still need Valentine’s Day plans tonight? First of all, you’re in trouble; second, you’re in luck: Omni Bedford Springs Resort is hosting the perfect gathering for wine connoisseurs and romantics alike.