Subscribe Free
in Air Transport

Iran Air and Airbus seal historic aircraft order

Posted 23 December 2016 · Add Comment

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, covers 46 A320 Family, 38 A330 Family and 16 A350 XWB aircraft. Deliveries will begin in early 2017.

“I am delighted that we have reached an agreement to go to the next decisive phase and start taking delivery of new aircraft. I am gratified that this new round of cooperation with Airbus has come to fruition and brought us closer with more practical steps to follow for Iran Air’s fleet renewal. Iran Air considers this agreement an important step towards a stronger international presence in civil aviation. We hope this success signals to the world that the commercial goals of Iran and its counterparts are better achieved with international cooperation and collaboration”, said Farhad Parvaresh, Iran Air Chairman and CEO.

“This is a landmark agreement not only because it paves the way for Iran Air’s fleet renewal”, said Fabrice Bregier, Airbus President and CEO. “Our overall accord includes pilot training, airport operations and air traffic management so this agreement is also a significant first step in the overall modernisation of Iran’s commercial aviation sector”.

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 per cent or more US technology content. Airbus coordinated closely with regulators in the EU, US and elsewhere to ensure understanding and full compliance with the JCPOA. Airbus 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 harmonisation.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Jazeera adds an Indian double to its destinations

Kuwait low cost carrier, Jazeera Airways, has begun flights into Sardar Vallabhbhai Patel International Airport, Ahmedabad and to Kochi - the second and third new routes currently planned in to India, following the launch of flights to

Flyadeal announces Abha as its newest destination

Flyadeal, Saudi Arabia’s Everyday Low Fares Airline, will add Abha to its growing route network this month.

Turkish Airlines' mobile app offers discount flight tickets

Turkish Airlines now offers 15% discount on its all domestic and international flights for passengers who download the latest version of the carrier' mobile app.

Qatar Airways hightlights 'Qsuite' at Kuwait Aviation Show

Qatar Airways showcased its patented, award-winning new Business Class seat, Qsuite, for the first time in 2018 at the Kuwait Aviation Show, along with the airline’s ultra-modern extra-wide body Airbus A350-900.

Turkish Technic and Onur Air sign Pool contract

Onur Air has signed component repair and access (pool) contract with Turkish Technics for its Airbus A330 aircraft. The contract will be effective until 2023.

Etihad Airways executive embarks on round the world record attempt

Senior Etihad Airways executive, Andrew Fisher, embarks on a journey of a lifetime on 21 January when he attempts to break the world record by flying around the globe in the shortest time frame on scheduled flights, and with the fewest

Kuwait Aviation SK1909310118
See us at
ArabianTravelMkBT250418Aviation Africa BT18418Saudi Future Airports BT150318Abu Dhabi AirExpo BT2018Global Aerospace BT2018Istanbul Airshow BT22018BIAS BT271017161118AIME BT1204240118MEBAA BT2018