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FEBRUARY 2017

Week 7

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Iran signs ATR deal and expects first A330 next week

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February 17th 2017

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"Negotiations with ATR have reached the final stage. The two sides signed the contract to purchase 20 aircraft and we are at the stage of exchanging documents," Iran’s transportation minister, Abbas Akhoundi, told the Iranian Students News Agency this week. Read More »

ATR CEO, Christian Scherer, last month said negotiations between ATR and Tehran had been concluded successfully and the signing of a purchase agreement was imminent. Tehran last year agreed to buy 20 ATR72-600s, plus 20 options, for Iran Air but the deal has been held up because of uncertainty about some export licences.

In late December, Tehran finalized an Airbus 100-aircraft order for 38 A330s, 16 A350s and 46 A320 Family jets at $18-$20 billion at list prices, But Iran Air CEO, Farhad Parvaresh, has been quoted as saying the contract did not exceed $10 billion.

Iran Air received the first aircraft from that order, an A321, on January 12 and said it would accept delivery of its first A330-200, on February 23, followed by a second of the type on March 12. The A330 due next week was originally ordered and later cancelled by Avianca. Iran Air also has signed a contract for 80 Boeing jets.

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