US

Iran says possible Boeing deal could be worth $25 billion

  • FILE - In this June 2003 file photo, a Boeing 747 of Iran's national airline is seen at Mehrabad International Airport in Tehran. Boeing Co. has confirmed signing an agreement with Iran Air “expressing the airline's intent” to buy its aircraft. In a statement Tuesday to The Associated Press, Boeing said it signed the agreement “under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord reached last summer.” (AP Photo/Hasan Sarbakhshian, File)

    FILE - In this June 2003 file photo, a Boeing 747 of Iran's national airline is seen at Mehrabad International Airport in Tehran. Boeing Co. has confirmed signing an agreement with Iran Air “expressing the airline's intent” to buy its aircraft. In a statement Tuesday to The Associated Press, Boeing said it signed the agreement “under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord reached last summer.” (AP Photo/Hasan Sarbakhshian, File)  (The Associated Press)

  • FILE- In this Tuesday, Oct. 18, 2011 FILE photo, an Iran Air Boeing 727 landed on its nose, after the landing gear jammed, at the Mehrabad airport in Tehran, Iran. Boeing Co. has confirmed signing an agreement with Iran Air “expressing the airline's intent” to buy its aircraft. In a statement Tuesday to The Associated Press, Boeing said it signed the agreement “under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord reached last summer.” (AP Photo/Hamid Reza Jafari, File)

    FILE- In this Tuesday, Oct. 18, 2011 FILE photo, an Iran Air Boeing 727 landed on its nose, after the landing gear jammed, at the Mehrabad airport in Tehran, Iran. Boeing Co. has confirmed signing an agreement with Iran Air “expressing the airline's intent” to buy its aircraft. In a statement Tuesday to The Associated Press, Boeing said it signed the agreement “under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord reached last summer.” (AP Photo/Hamid Reza Jafari, File)  (The Associated Press)

Iran's transportation minister is saying a possible deal between the Islamic Republic and Boeing Co. could be worth as much as $25 billion.

Chicago-based Boeing didn't immediately respond to a request for comment, but the figure would be on par with a sale already made by its European rival Airbus to Iran.

Iranian Transportation Minister Abbas Akhoundi's remarks on state television on Wednesday are the first figures floated by Tehran about the proposed sale.

Boeing is likely cautious about entering Iran's market as other sanctions remain in place against Tehran. American officials say the sale would need permission from the U.S. Treasury.

Iran's national carrier, Iran Air, says it wants to buy new generations of the Boeing 737, as well as the 300ER and 900 version of Boeing 777.