Commercial

Iran Air Expands Airbus Aircraft Order

By Juliet Van Wagenen | December 22, 2016
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A350-900 and A330-900neo in flight
A350-900 and A330-900neo in flight. Photo: Airbus

[Avionics Magazine 12-22-2016] 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 Iran Air Chairman and CEO Farhad Parvaresh and Airbus President and CEO Fabrice Bregier, covers 46 A320 family aircraft, 38 A330 family aircraft, and 16 A350 XWB aircraft. Deliveries will begin in early 2017.

The agreement is subject to the U.S. government’s Office of Foreign Assets Control (OFAC) export licenses, which were granted in September and November. These licenses are required for products containing 10 percent or more U.S. technology content.

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