Tag Archives | Iran Air

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 […]

Iran to get First Airbus “Within Weeks”

By John Lee. Reuters reports that Iran expects to get its first new Airbus jet as early as mid-January. The delivery would be part of a multi-billion-dollar deal with Airbus for 100 planes to renew Iran Air‘s aging fleet. The Deputy Roads and Urban Development Minister Asghar Fakhrieh Kashan told Reuters: “We are expecting some […]

Why do Iran’s Conservatives Oppose Deals with Boeing, Hyundai?

By Changiz M. Varzi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iran’s national carrier Iran Air and US aircraft manufacturer Boeing signed a $16.6 billion deal for the sale of 80 passenger jets Dec. 11, despite strong opposition from the US House of Representatives. […]

Boeing, Iran Air agree $16.6bn Aircraft Deal

Boeing and Iran Air announced an agreement on Sunday for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the U.S. Government license […]

Financing Arranged for Airbus Iran Deal

By John Lee. Iran has reportedly reached a deal with the United Arab Emirates’ Dubai Aerospace to finance the first 17 jets it plans to buy from Airbus. Reuters quotes a senior Iranian official as saying, “we have a deal to finance the first 17 aircraft.” Under the deal, the leasing company would take over […]

Iran to Receive 9 Brand-New Planes in Months

An Iranian deputy minister said the country is going to receive nine of the new passenger planes it has purchased from Airbus within the coming months, before the new Iranian year. According to Deputy Roads and Urban Development Minister Asghar Fakhrieh, 9 planes are expected to join the fleet of civil flights before the new […]

US Congress Pushes to Block Boeing Iran Deal

US Congress voted on Thursday to add two amendments to a financial services spending bill regarding the proposed $17 billion deal by Boeing to sell commercial jets to Iran. According to Washington Times, one amendment effectively blocks the Office of Foreign Assets Control (OFAC) from issuing licenses for the deal, while a second curbs the […]

Iran May Cancel Purchase of Airbus A380

Iran’s order for purchasing a dozen Airbus A380 superjumbo jets may be cancelled or amended, a report said. According to the report carried by Reuters on Monday, Iran is committed to the rest of the order, but is less interested in taking the A380s due to remaining US finical sanctions against Tehran. In January, Iran […]

More Details on Boeing-Iran Air Deal

US aviation giant Boeing announced that its sale agreement with Iranian national carrier Iran Air involves a mix of direct sales and leases. In an attempt to allay the concerns of US lawmakers, Boeing in a letter offered details with respect to the deal and said it includes 80 sales valued at $17.6 billion, the […]

Boeing Confirms Sale Agreement with Iran Air

US aviation giant Boeing confirmed on Tuesday that it has signed a sale agreement with Iranian national carrier Iran Air. BBC News values the deal at $25 billion at list prices. In a statement on Tuesday, Boeing said it has signed the agreement “under authorizations from the US government following a determination that Iran had […]

Iran Air Flights to Europe “Use Only Airbus Planes”

Iranian national carrier Iran Air dismissed media reports that the European Union (EU) is keeping its restrictions on the airline’s flights to Europe by Boeing 747 and Fokker 100, saying that Iran Air has never operated flights to Europe by these planes. “Iran Air uses Airbus fleet for its flights to European countries and this […]

Iran “Reaches 100-Aircraft Deal with Boeing”

Head of Iran’s Civil Aviation Organization (CAO), Ali Abedzadeh, has said Tehran and US aerospace giant Boeing have reached a deal for the purchase of 100 aircraft in a bid to upgrade the country’s aging fleet. “Both sides (Iran and Boeing) have reached a written agreement for buying Boeing airplanes,” Abedzadeh said as cited by […]

EU Eases Travel Restrictions on Iran Air

The European Commission has announced that most aircraft of Iran Air are now allowed to resume operations to the EU. “I am happy to announce that we are now also able to allow most aircraft from Iran Air back into European skies,” said EU Transport Commissioner Violeta Bulc on Thursday. Iran Air was banned by […]

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 […]

Boeing may sell to Iran in Euros

By John Lee. An executive from Boeing has suggested that Iranian airlines could purchase Boeing airliners in euros rather than dollars. Marty Bentrott, Boeing’s vice-president for Middle East sales, told reporters: “There is some very positive interest.” According to Gulf News, the company has been talking with “more than” two Iranian carriers, including flag airline […]

Lufthansa may sell Airbus A340s to Iran Air

By John Lee. Germany’s Lufthansa is reportedly considering selling some of its Airbus A340-300s to the Iranian flag carrier Iran Air. Lufthansa chairman and CEO Carsten Spohr (pictured) said that his company is taking delivery of 52 new aircraft this year, including two A350 XWBs that will replace the older A340s, which many in turn […]

Lufthansa to Start Repairing Planes in Iran

By John Lee. Germany’s Lufthansa is set to establish a repair and maintenance service unit in Iran. The company is reported to have sealed a deal with Iran Air when a group from Lufthansa visited Tehran on Wednesday. PressTV says that under the deal, Iran Air and Lufthansa work closely over five fields such as […]

Boeing ‘Can Still Win Orders’ in Iran

By John Lee. Iran Air is reportedly open to buying aircraft from Boeing, even after placing a $27-billion order for 118 planes from Airbus. Company CEO Farhad Parvaresh told Bloomberg Business: “[Boeing is] lagging behind a bit … “We always thought the 737 for the domestic market is a good option, but they have a rival […]

ATR Signs EUR 1bn Deal with Iran Air

French turboprop manufacturer ATR and Iran’s national flag carrier Iran Air signed a deal in Tehran on Monday for the introduction of 40 newest generation ATR 72-600s. The agreement includes firm orders for 20 aircraft plus 20 options, and is valued at one billion euro. The signature of the deal follows the commercial discussions held […]