Iran Air to make initial decision on plane financiers in a month
Iran Air will begin the decision-making process on the long list of bids submitted by Iranian and foreign parties to finance multi-billion dollar orders the carrier has placed with major world planemakers within a month, says Iran Air’s new CE Farzaneh Sharafbafi. Iran Air has signed firm contracts with Boeing and Airbus, as well as with ATR to buy a total of 200 planes worth tens of billions of dollars. The airline has received 7 of its ordered planes so far, including 3 Airbus and 4 ATR. The delivery of the rest hinges on provision of financing for the purchases. Although a 2015 nuclear deal with world powers led to removal of sanctions the following year, big European banks have since been shying away from Iranian deals due to fear of potential US penalty amid uncertainty in the policies of president Donald Trump. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-08-16/unaligned/iran-air-to-make-initial-decision-on-plane-financiers-in-a-month
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Iran Air to make initial decision on plane financiers in a month
Iran Air will begin the decision-making process on the long list of bids submitted by Iranian and foreign parties to finance multi-billion dollar orders the carrier has placed with major world planemakers within a month, says Iran Air’s new CE Farzaneh Sharafbafi. Iran Air has signed firm contracts with Boeing and Airbus, as well as with ATR to buy a total of 200 planes worth tens of billions of dollars. The airline has received 7 of its ordered planes so far, including 3 Airbus and 4 ATR. The delivery of the rest hinges on provision of financing for the purchases. Although a 2015 nuclear deal with world powers led to removal of sanctions the following year, big European banks have since been shying away from Iranian deals due to fear of potential US penalty amid uncertainty in the policies of president Donald Trump. <br/>
