The Obama administration has approved the export of more than Airbus 100 jetliners to Iran, despite a move by US lawmakers for a clamp on such transactions, a report said.
The export license, granted by the US Office of Foreign As
Iran Air could be a buyer of some A340 planes that Lufthansa no longer needs, the chief executive of the German airline said on Thursday.
Lufthansa has signed a memorandum of understanding with Iran Air that comprises cooperation
Boeing said on Wednesday it had sold aircraft-related goods to Iran Air in the third quarter, marking the first acknowledged dealings between US aerospace companies and Iran since the 1979 US hostage crisis.
The Chicago-based aero
Iran Air will need at least 100 passenger jets once sanctions against the country are lifted and will find it easier to do business with companies that co-operated during the current window for sanctions relief, the head of the airline said.
Seeking to increase sanctions pressure on Iran, the Treasury said it has blacklisted a major Iranian port operator and the country's national airline, Iran Air.
The actions target two key segments of Iran's transport infrastructure
Iran's state-owned airline is considering legal action to force European companies to fuel its planes, official news agency IRNA reported on Saturday.
To comply with European Union sanctions, aimed at pressuring Iran over its nuclear p
The European Union has extended a flight safety ban on Iran Air to exclude more of the carrier's aircraft from EU airspace, the European Commission said on Tuesday.
Two thirds of the Iran Air fleet is now prohibited from flying into th
Iran Air managing director Saeed Hessami said an agreement worth $200 million had been finalised for the purchase of five Tupolev 204s passenger planes from Russia
He said that Tupolev 204s passenger planes are competitive with Airb