Iran Air and Airbus seal 100-aircraft order
Iran Air and Airbus have signed a firm contract for 100 aircraft, building on an initial commitment signed in January 2016 in Paris. The agreement signed by Farhad Parvaresh, Iran Air Chairman and CEO, and Fabrice Bregier, Airbus President and CEO, on 22nd December covers 46 A320 Family (neo and ceo), 38 A330 Family (neo and ceo) and 16 A350 XWB aircraft. As expected, the final deal does not include any A380s. Deliveries will begin in early 2017.
Airbus notes that the agreement is subject to US government Office of
Foreign Assets Control (OFAC) export licences which were granted in September
and November 2016. These licenses are required for products containing 10% or
more US technology content. Airbus says it coordinated closely with regulators
in the EU, US and elsewhere to ensure understanding and full compliance with the
JCPOA. The company declares that it will continue to act in full compliance with
the conditions of the OFAC licences.
The agreement follows the implementation of the JCPOA (Joint
Comprehensive Plan Of Action), its associated rules and guidance and included
new commercial aircraft orders as well as a comprehensive civil aviation
package. The package includes pilot and maintenance training, supporting the
development of air navigation services (ATM), airport and aircraft operations
and regulatory harmonization.
Earlier in December, Boeing and Iran Air announced an agreement for
80 aircraft - 50 737 MAX 8s, 15 777-300ERs and 15 777-9s - valued at $16.6bn at
list prices.
In February, Iran Air also signed an agreement covering firm orders
for 20 ATR 72-600 turboprops plus 20 options - a deal valued at €1bn. That deal
is expected to be finalized soon.
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