Iran Talks Tough on Jet Deal
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Tehran officials say accord is now harder to undo,threaten clawbacks if scuttled.
Iranian officials publicly hardened their resolve to proceed with a multi-billion dollar deal to buy dozens of Boeing Co.jets, threatening to clawback any lost money if the deal is scuttled after the inauguration of President-elect Donald Trump.
The officials touted the timing of the agreement to buy 80 aircraft with a $16.6 billion list price from Boeing ahead of the start of Mr.Trump’s administration—as possibly making it more difficult to thwart the agreement. “Both they [Boeing] and we were willing to reach the conclusion sooner,and fortunately it took place before the new government [in the U.S. takes office], ”Farhad Parvaresh, the chief executive of state-owned carrier Iran Air, said Sunday. “Both sides are committed, and there are scenarios in the contracts for violation of commitments or in case of force majeure to deal with those cases.”
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