Iran accuses Boeing of price-gouging over spares deal

admin
By admin August 18, 2014 21:01

Iran accuses Boeing of price-gouging over spares deal

Iranian media has reported that the Iranian Civil Aviation Organisation (IrCAO) has refused to buy spare parts supplied by Boeing under the terms of the Memorandum of Understanding signed earlier this year, as the price being charged by Boeing is, according to Iranian MP Jalil Sar Ghale, “at least three times that of current market prices.”

Ghale also stated that if Boeing did not reconsider, then Iran would continue to source spares using methods that it had adopted while under sanctions.

So far, Boeing has only supplied Iran Air with documentation and manuals.

After the signing of an interim deal between Iran and the “P5+1” group (US, Russia, China, France and Britain and Germany) in Geneva in November 2013, IrCAO Director General, Alireza Jahangirian, said US$1 billion had been budgeted for the procurement of new aircraft and spare parts to help revitalise Iran’s aviation industry.

admin
By admin August 18, 2014 21:01