Tag Archives | Iran Air

Boeing-IranAir deal at risk amid claims of IRGC use

By Saeed Jalili, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. US President Donald Trump’s new Iran strategy, including his Oct. 13 refusal to certify that the Joint Comprehensive Plan of Action (JCPOA) meets congressional requirements, will push a contract for 80 passenger jets signed […]

Airplane Contracts Complex, Confidential: Iranian Official

CEO of Iran Air Farzaneh Sharafbafi said contracts for purchasing passenger planes are complex and confidential. Speaking to the Tasnim News Agency on Saturday, Sharafbafi dismissed speculation about details of Iran’s contracts with the Western plane makers, giving an assurance that Iran Air would make the best and most logical decisions. The contracts to purchase […]

Iran to Receive 2 New ATR Planes in Weeks

Two of the other brand-new turboprops Iran has purchased from ATR aircraft manufacturer will arrive in the country during the next Iranian month, CEO of Iran Air Farzaneh Sharafbafi announced. According to the top official, Iran will have the two new passenger planes delivered in the month of Mehr (September 23 – October 22). Iran […]

Iranian Labour Market on Path to Gender Transformation

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian society has undergone tremendous change in past decades, with women continuously playing a role in this transformation. Indeed, Iranian women have long sought a more active presence in society, gradually distancing themselves from the […]

Iran’s Economy a ‘Masterpiece of Structural Ambiguity’

By Ali Dadpay for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The economy dominated Iran’s recent presidential election. Hassan Rouhani, the incumbent, argued that integration into the global economy is the only path to prosperity and job creation, while his rivals accused his administration of […]

Iran Air appoints First Female CEO

By John Lee. Iran Air has appointed the first female CEO since the airline was established in the 1940s. Farzaneh Sharafbafi, 44, who holds a PhD in aerospace engineering has previously served on company’s board. She replaces Farhad Parvaresh, who will represent Iran at the International Civil Aviation Organization (ICAO) in Canada. (Sources: PressTV, Associated […]

US Reviewing Iran Aircraft Licenses

By John Lee. The United States is reviewing licenses for Boeing and Airbus to sell aircraft to Iran. Reuters quotes Treasury Secretary Steven Mnuchin (pictured) as telling the House Ways and Means Committee: “We will use everything within our power to put additional sanctions on Iran, Syria and North Korea to protect American lives … […]

European, Asian Firms “Ready to Fund Iran’s Plane Purchases”

Iran’s Deputy Minister of Road and Urban Development for International Affairs Asghar Fakhrieh Kashan said several major institutions from Europe and Asia have expressed readiness to fund the country’s purchases of planes from global aviation giants Airbus and Boeing. Nine financial institutions from Norway, Denmark, Ireland, Britain, China and Japan are ready to fund the […]

Iran Air takes delivery of first four ATR 72-600s

Iran Air, Iran’s national flag carrier, today took delivery of its first four ATR 72-600s. ATR and Iran Air signed earlier this year a firm contract for 20 ATR 72-600s and options for a further 20. Deliveries of the 20 firm aircraft will extend until the end of 2018. Following the relief on international sanctions […]

UKEF may Finance Iran Aircraft Deal

Iran’s Deputy Transport Minister Asghar Fakhrieh Kashan said UK Export Finance (UKEF) is in talks with the Islamic Republic to facilitate the financing of aircraft sales to the country’s national flag-carrier airline Iran Air. “We have received some offers from UKEF, that is under review by Iran,” Fakhrieh Kashan told Reuters on Thursday. He added […]

Lufthansa Eyes Catering, Maintenance, Training Deals with Iran Air

An official with Lufthansa said the German flagship airline is seeking to sign several contracts with Iran Air to provide the Iranian national flag-carrier airline with catering, maintenance and pilot training services. “We are in very, very intense discussions, actually almost on a weekly basis,” said Karsten Zang, Lufthansa’s regional director for the Persian Gulf, […]

Pratt & Whitney to supply Engines for Iran Plane Deal

By John Lee. US-based Pratt & Whitney, a subsidiary of United Technologies (UTC), is to supply engines for the passenger planes sold by ATR to Iran Air, according to report from Hartford Business. An ATR spokesman said the deal is for the 20 ATR 72-600s, a twin-propeller aircraft, and said Iran Air had an option to […]

Iran, ATR Sign Major Aircraft Deal

European aviation giant ATR said it has signed a deal with Iran’s national flag-carrier airline Iran Air to sell 20 aircraft to Tehran. ATR Spokesman David Vargas confirmed the deal for the sale of 20 ATR-600s, a twin-propeller aircraft, was signed on Thursday. “They will definitely help Iran Air to modernize and develop regional connectivity […]

Iran Air receives its first Airbus A330-200

Iran Air has taken delivery of its first new Airbus A330-200. The delivery of the aircraft is part of Iran Air’s major fleet renewal plan, and is the first wide body from a firm order placed by the national carrier of Iran in December 2016 for 100 Airbus aircraft (46 single aisle and 54 wide-body […]

“No Restriction” on Sales of Airbus Parts to Iran

The chairman of Iran Air has announced that there is no restriction on Iran to supply spare parts of the commercial planes manufactured by France’s Airbus, except for one “sensitive part” used for air navigation. A licence has been given to the Airbus, Boeing and ATR to sell airplanes and their spare parts to Iran, […]

Iran Air takes delivery of first new Airbus

Iran Air has taken delivery of its first new aircraft, an Airbus A321, in a handover ceremony in Toulouse with Mr. Farhad Parvaresh, Iran Air Chairman and CEO, and Mr. Fabrice Bregier, President, Airbus Commercial Aircraft and Chief Operating Officer Airbus, in the presence of Gael Meheust, SVP Sales and Marketing CFM, Tom Enders, Airbus […]

ATR to Finalize $400m Aircraft Deal on Wednesday

Iran is to finalize a contract to buy 20 turboprops from French-Italian aircraft manufacturer ATR on Wednesday, an Iranian official announced. Representatives from ATR, a joint venture of Airbus and Finmeccanica of Italy, will arrive in Tehran on Wednesday, January 4, to hold the final round of business negotiations on the multi-million-dollar contract, Asghar Fakhrieh Kashan, […]

Iran “to Pay only Half” of $16.6bn Boeing Deal

By John Lee. According to a report from Reuters, Iran has said that it had negotiated to pay only about half the announced price for 80 new Boeing airliners, in an order that the American planemaker had said was worth $16.6 billion. Iran’s IRNA state news agency quotes Deputy Transport Minister Asghar Fakhrieh-Kashan as saying: […]

Iran Air and Airbus seal Historic 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, covers 46 A320 Family, 38 A330 Family and 16 A350 XWB aircraft. Deliveries will […]

Iran “Ditches Airbus A380 Superjumbo”, Slashes Order Size

By John Lee. CNN reports that Iran Air will not be ordering the twin-deck A380 aircraft from Airbus. Iran Air CEO Farhad Parvaresh is quoted by Mehr News Agency (MNA) as saying: “The initial value of the deal with Airbus was $25 billion for 118 planes, and now that the A380 has been canceled the […]