Airbus signs US$27b Iran deal for 118 Planes
Airbus has signed a deal to sell Iran 118 planes worth US$27b at list prices, including a dozen A380s, after international sanctions were lifted against Tehran this month. The plane maker said the deal, signed amid a raft of others during a visit by president Hassan Rouhani, was conditional on getting US export licenses because more than 10% of Airbus airliner parts come from the US. The order for 73 wide-body and 45 narrow-body jets allows Airbus to steal a march on Boeing as Iran seeks to renovate and expand its worn-out fleet of 225 planes. The inclusion of A380s sends a commercial signal to established carriers in the Gulf, and is a boost for Airbus, which has been struggling to sell them. However, they will not be delivered before end-decade as Iran expands its airports and focuses on urgent needs. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-01-29/general/airbus-signs-us-27b-iran-deal-for-118-planes
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Airbus signs US$27b Iran deal for 118 Planes
Airbus has signed a deal to sell Iran 118 planes worth US$27b at list prices, including a dozen A380s, after international sanctions were lifted against Tehran this month. The plane maker said the deal, signed amid a raft of others during a visit by president Hassan Rouhani, was conditional on getting US export licenses because more than 10% of Airbus airliner parts come from the US. The order for 73 wide-body and 45 narrow-body jets allows Airbus to steal a march on Boeing as Iran seeks to renovate and expand its worn-out fleet of 225 planes. The inclusion of A380s sends a commercial signal to established carriers in the Gulf, and is a boost for Airbus, which has been struggling to sell them. However, they will not be delivered before end-decade as Iran expands its airports and focuses on urgent needs. <br/>
