Reading Time: 3 minutes Airbus and Boeing have received permission from the US government to sell aircraft to Iran, part of landmark deals potentially worth some US$50 billion in total following last year’s nuclear accord. The announcements came as Iranian and US leaders are in New York for the United Nations General Assembly and show that the outgoing administration […]
Reading Time: < 1 minute In January, Airbus and Iran Air agreed to a landmark deal for 118 aircraft with a total value rising to as much as $25 billion.One of the most significant parts of the deal is an agreement for 12 A380 superjumbos worth upwards of $5.2 billion at list prices. However, this portion of the deal may […]
Reading Time: < 1 minute Lufthansa and Iran Air have signed a memorandum of understanding (MOU) to increase cooperation between the two companies as they explore “further business and partnership opportunities.” Reports from Iran have talked of Lufthansa Group’s assistance in several areas, including corporate restructuring and IT, but Lufthansa spokesman Boris Ogurslky said further details were covered by a […]
Reading Time: 2 minutes Iranian officials have signed two agreements with Airbus covering orders for 118 airplanes and a comprehensive civil aviation cooperation package, the European manufacturer confirmed Thursday. The sides signed the agreements at the Élysée Palace in Paris, during Iranian President Hassan Rouhani’s official visit to France with French President François Hollande. Iran Air has signed an […]
Reading Time: < 1 minute Iran has taken the first step of an agreement to buy 114 Airbus planes, an announcement made while the economic and financial sanctions related to Iran’s nuclear program are lifted. The announcement by Abbas Akhoondi, Iranian Minister of Transport, to the Tasnim press agency has not been confirmed by Airbus, which indicated that it did […]
Reading Time: 2 minutes Around 150 direct flights between Iran and Saudi Arabia carrying thousands of pilgrims every month have been halted as diplomatic ties between the two countries were severed, aviation sources said on Tuesday. Saudi Foreign Minister Adel al-Jubeir told Reuters in an interview on Monday that it had halted trade and flights with Iran as part […]