Tag Archives | Embraer

Questions as Iranians claim US Licensing Plane Sales to Iran

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. Questions abound as Iranians claim US Treasury licensing plane sales to Iran Questions have emerged about whether the US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued new licenses to Canadian plane manufacturer […]

Embraer still awaiting US Approval for Iran Deal  

By John Lee. Brazil’s Embraer says it is still awaiting for approval from the US Treasury Department’s Office of Foreign Assets Control (OFAC) for sales of aircraft to Iran. The company has been quoted as saying that it remained “active and optimistic” about plans to sell planes to the Islamic Republic. In February 2016 Iran […]

US Treasury Assures Brazilian Banks of Iran Trade

A senior Brazilian official said the US Treasury Department has given assurances that Brazilian banks can do trade with Iran without fear of sanctions. “They (Brazilian banks) feared US and European banks could react by cancelling their credit lines,” Rodrigo Azeredo, Brazil’s top diplomat for trade, told Reuters on Wednesday. During a meeting in Sao […]

Iran discusses Purchase of Embraer Planes

By John Lee. Iran has reportedly started official negotiations with Brazilian aircraft manufacturer Embraer for the purchase of new planes. According to the Iranian deputy minister of Roads and Urban Development, Asghar Fakhrieh Kashan, a delegation from the company visited Tehran last week to talk with Iranian airlines. Trend reports that in March, Iranian Zagros […]

Iran Air in Talks with Boeing over Aircraft Deal

The chief executive officer (CEO) of Iran Air said the Islamic Republic’s national flag carrier is in talks with global aviation giant Boeing over a historic aircraft purchase. “Meetings and negotiations are going on. We hope that in the future we can reach an understanding with each other,” Farhad Parvaresh told Reuters. “The number and […]

Iran Orders 50 Planes from Embraer

By John Lee. A government spokesman said on Tuesday that Iran has ordered 50 planes from Brazil’s Embraer. Mohammad Bagher Nobakht said the deal will be a hire purchase contract, adding, “the government is not going to spend its limited resources on things like buying planes.” Iran has already announced plane orders with ATR and […]

Iran to Buy 114 Airbus Jets

By John Lee. Iran has agreed to buy 114 Airbus aircraft for state carrier Iran Air. According to Bloomberg Business, the deal includes a mix of new and used jets from the A320 family, and the out-of-production A340s, with first deliveries expected in July. Reuters says that the deal could be worth more than $10 […]