Boeing in Talks to Sell Planes to Libya
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Boeing Co. may sell planes to Libya’s state-owned airline after the U.S. last month lifted sanctions imposed on the country 18 years ago.
Libya, Africa’s biggest holder of oil reserves, is in talks to buy 777 and 737 models for Tripoli-based Libyan Arab Airlines, Boeing said. The U.S. declared Libya a “state sponsor of terrorism” in 1979 and imposed economic sanctions in 1986.
Chicago-based Boeing is trying to regain its position as the No. 1 commercial aircraft maker after being eclipsed last year by France-based Airbus.
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