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Iran expects year end delivery of first Airbus planes

TEHRAN, August 4, 2016

Iran is expecting the first deliveries of Airbus planes to be made by the end the year, said a report.

According to a report in eturbonews, the deliveries will be made once the US provides the required authorisations.

“The first series of Airbus planes will probably arrive in Iran by the end of autumn provided that the Office of Foreign Assets Control (OFAC) [of the US Treasury Department] issues the required authorization to Airbus to do so,” said Iran’s Minister of Roads and Urban Development Abbas Akhoundi.

In January, Iran signed a major contract with European aviation giant Airbus worth about $27 billion to buy 118 planes within the next few months. The contract was signed during the visit to Paris by Iran’s President Hassan Rouhani.

Iran also sealed a deal in June worth around $25 billion with the US aerospace heavyweight, Boeing, for the purchase of 100 passenger planes.

The deal with Boeing is still facing a possible ban by Congress in what many see as a result of the growing anti-Iran measures adopted by US lawmakers, the report said.

Iran is also working on a scheme to purchase planes from the aviation arm of Japan’s Mitsubishi Heavy Industries. Officials in Tehran recently announced that Tokyo has agreed to fund Iran’s purchase of Mitsubishi planes, it said.




Tags: | airbus | Iran |

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