The Wall Street Journal: Boeing, Airbus get U.S. approval to deliver jetliners to Iran

The U.S. government has given plane makers Boeing Co. and Airbus Group SE the all-clear to deliver jetliners to Iran Air in one of the highest-profile trade breakthroughs since nuclear sanctions were lifted on the Islamic Republic in January.

Western powers removed sanctions on Iran in return for the country agreeing to constrain its nuclear program. Business has been slow to materialize, though, amid concern among western businesses of running afoul of continued U.S. restrictions on doing business with Iran.

Airbus AIR, +0.34% , which was first to secure a plane deal with Iran, was first to receive the green light to transfer 17 planes to Iran Air, signaling the tide may be turning for doing business with Iran.

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