Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

In Memory of Jean-Karim Fall, 1958-2017

Read more

MEDIAWATCH

Bad diplomacy, brawls & bromance

Read more

ENCORE!

Cannes 2017: Pitch Perfect's Brittany Snow becomes an urban warrior

Read more

THE WORLD THIS WEEK

US President wraps up world tour in Italy (Part 1)

Read more

THE WORLD THIS WEEK

US President wraps up world tour in Italy (Part 2)

Read more

FOCUS

The battle against illegal fishing in West Africa

Read more

DOWN TO EARTH

Trump has already quit the Paris climate deal - just not publicly

Read more

#TECH 24

The Ice Memory Project: A treasure trove for future scientists

Read more

ENCORE!

Cannes 2017: Stars dig deep at AIDS gala dinner

Read more

Business

Iran to purchase 100 Airbus jets in 'landmark' deal

© AFP archive | File photo of an Airbus A320 passenger jet.

Text by FRANCE 24

Latest update : 2016-12-22

Airbus confirmed Thursday that it had struck a deal with Iran Air to sell 100 aircraft, including 46 A320 passenger planes, 38 A330 models and 16 A350 XWB aircraft.

"This is a landmark agreement not only because it paves the way for Iran Air's fleet renewal," said Fabrice Brégier, Airbus president and chief executive officer, in a statement.

Iran Air hailed the agreement as a step towards renewed international cooperation.

"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.

US Office of Foreign Assets Control export licences, which are required for products containing 10 percent or more of US technology, were granted in September and November to allow the deal to go ahead.

Earlier this month, Iran Air said it signed a deal to buy 80 passenger planes from US aircraft maker Boeing, state news agency IRNA reported, in the biggest US-Iran deal since the 1979 Islamic revolution.

(FRANCE 24 with REUTERS)

Date created : 2016-12-22

  • IRAN - USA

    IranAir to buy 80 Boeing planes in biggest US deal since Islamic revolution

    Read more

  • FRANCE - POLAND

    French fury as Poland ditches billion euro Airbus helicopter deal

    Read more

  • UK

    UK launches corruption investigation into Airbus

    Read more

COMMENT(S)