SCHIPHOL-RIJK (dpa-AFX) - Iran has signed an agreement to buy 118 Airbus aircraft, which reportedly worth $25 billion at list prices in one of the biggest deals signed since Western sanctions against Tehran were lifted.
Airbus Group N.V (EADSF.PK, EADSY.PK) confirmed that Iran has signed two agreements with Airbus covering new aircraft orders and a comprehensive civil aviation co-operation package.
The agreements were signed at the Élysée Palace, Paris, during Iranian President Hassan Rouhani's official visit to France with French President François Hollande.
Iran Air has signed an agreement with Airbus for the acquisition of the full range of new Airbus airliners (73 widebodies and 45 single aisle). This includes pilot and maintenance training and support services to help the entry into service and efficient operations of these new aircraft.
At the same time, the Minister of Roads and Urban Development, Abbas Ahmad Akhoundi, has signed a comprehensive co-operation agreement as part of the country's modernisation of its civil aviation sector, to support the development of air navigation services (ATM), airport and aircraft operations, regulatory harmonization, technical and academic training, maintenance, repair and industrial cooperation.
The agreement for 118 new aircraft signed by Mr Farhad Parvaresh, Iran Air Chairman and CEO, includes 21 A320ceo family, 24 A320neo family, 27 A330ceo family, 18 A330neo (-900), 16 A350-1000 and 12 A380.
'Today's announcement is the start of re-establishing our civil aviation sector into the envy of the region and along with partners like Airbus we'll ensure the highest world standards,' said Mr Farhad Parvaresh, Iran Air Chairman and CEO.
'The skies have cleared for Iran's flying public and Airbus is proud to welcome Iran's commercial aviation back into the international civil aviation community. Today is a significant step in the overhaul and modernisation of Iran's commercial aviation sector and Airbus stands ready to play its role in supporting it,' said Fabrice Brégier, Airbus President and CEO.
Copyright RTT News/dpa-AFX