Iran Air Orders 100 Airbus Aircraft

Iran Air has signed a firm contract with Airbus for 100 aircraft, building on an initial commitment signed in January 2016.

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.

“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% or more US technology content.

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 which includes pilot and maintenance training, supporting the development of air navigation services (ATM), airport and aircraft operations and regulatory harmonization.

“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,” said Mr Farhad Parvaresh, Iran Air Chairman and CEO. “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.” 

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