Iran’s civil aviation chief says the country will need to revise a major aircraft supply contract with Airbus in case the two parties return to the deal after a potential removal of US sanctions on Tehran.

Thousands of Spanish Airbus (AIR.PA) employees gathered outside a factory near Madrid to protest against a restructuring plan that will see hundreds of jobs lost.

Iran has the ability to design and manufacture spare parts for Boeing and Airbus planes, said deputy roads and urban development minister.

TEHRAN (Iran News) – Iran’s Transportation Minister Mohammad Eslami announced that his country will add new passenger plane to its fleet in the near future despite the fact that the US unilateral sanctions are barring foreign companies and entities from selling anything related to civil aviation to Tehran. Speaking to reporters on Sunday, Eslami announced […]

Iran’s national flag carrier Iran Air has purchased three Airbus passenger planes and will add them to its fleet by the end of the current Iranian year (March 20). Three Airbus 319 aircraft, manufactured in 2002, were purchased from Hungary a year ago and landed at an airport in the city of Mashhad in northwestern Iran. […]

TEHRAN- Following President Trump’s withdrawal from Iran’s international nuclear deal last Tuesday, Advisor to Iranian Transport Minister Asghar Fakhrieh Kashan announced on Friday that no down payment has been made by Iran to aircraft manufactures Airbus and Boeing, so the country would incur no loss in consequence of Trump’s decision, Fars news agency reported. As […]

US Treasury Secretary said Tue. that licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked following Trump’s withdrawal from the nuclear deal and the reinstatement of sanctions against the Islamic Republic. According to Reuters, US Treasury Secretary Steven Mnuchin told reporters at the Treasury on Tue. that “the Boeing […]

TEHRAN – Airbus has said it keeps on working with Iran Air and the Iranian authorities on the execution of the plane purchase agreement in full compliance with the nuclear deal requirements and other applicable regulations, AFP reported. Iran warned Wednesday that its multi-billion dollar deals for Airbus planes had been thrown into doubt by […]

The sales chief of European planemaker Airbus predicted delivery of the remaining jets to Iran could take longer to complete than what was planned under a deal worth $10 billion signed in 2016. “I think those deals will get fulfilled, maybe not on the original schedule,” Airbus sales chief John Leahy told Reuters in an […]

TEHRAN  – European aviation giant Airbus has voiced readiness to fund the country’s purchases of passenger planes, Head of Iran’s Civil Aviation Organization (CAO) Ali Abedzadeh said. Airbus, the French-Italian aircraft manufacturer ATR, and American aviation giant Boeing have already approached Iran to fund the purchases, Abedzadeh said on Sunday. He added that talks to […]