Iran expects U.S. aircraft export licenses soon

• Although approval had been expected by the end of August, Iran has been told the U.S. will issue export licenses for the purchase of more than 200 Boeing (NYSE:BA) and Airbus (OTCPK:EADSY) aircraft by the end of September, according to Deputy Roads and Urban Development Minister Asghar Fakhrieh Kashan.
• The U.S. Treasury can veto sales of modern aircraft to Iran, including non-U.S. ones, due to the high proportion of U.S. parts.