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Iran wants new U.S. planes

Do American companies want to enter the Iranian airplane market?

Iranians are flying around in airplanes that are at least 25 years old. There have been crashes and many near-crashes.

“The plane is struggling, going up and down and side to side,” says Hooshang Amirahmadi, a Rutgers professor and president of the American Iranian Council, a nonprofit working to improve U.S.-Iranian relations, recalling a flight in Iran about a dozen years ago. “The plane almost crashed.”

That was an old Russian plane. But Iran can’t get new parts for its aging western-made planes because of sanctions. Western companies were briefly allowed to apply for licenses to export things like spare airplane parts to Iran. 

“This is a relatively small market,” says Joel Johnson, an aerospace trade analyst at the Teal Group. 

He says, for example, Boeing has a backlog of orders for new planes.

“There’s a limit to how much enthusiasm you bring to the table when you have a very strong backlog already,” he says.

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