Iran to Take Delivery of 100 Airbus Planes within 4 Years

“The contract with the Airbus has been finalized … the planes will be delivered to Iran as soon as possible within four years … Tehran will pay for the planes in 10 years … all the planes will be new ones,” state TV said.

Under a deal reached between Iran and six major powers in July 2015, sanctions imposed on Tehran were lifted this month.

Airbus Chief Executive Fabrice Bregier said on Wednesday that he had held talks this month in Tehran with government and Iran Air officials that could lead to the rapid sale of aircraft in the coming months.

Iranian President Hassan Rouhani who is in Paris now to hold talks with high-ranking French officials told the European country’s business leaders on Wednesday that Tehran wanted to revive business ties despite diplomatic differences.

Ahead of his trip to France, Rouhani, on his first overseas trip since lifting sanctions, visited Italy with a 120-member delegation of business leaders and cabinet ministers, signing a raft of deals.