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An Airbus A320neo (Photo: Airbus)

Iran Air, Airbus Seal Landmark Agreement for 100 Aircraft

Following the order confirmation with Boeing earlier this month, Iran Air has also announced a landmark agreement with Airbus for over 100 aircraft. There was an initial commitment to the order in January 2016 that was signed by Farhad Parvaresh, the Iran Air Chairman and CEO, along with Fabrice Bregier, Airbus' President and CEO. The deal consists of 46 aircraft in the A320 family, 38 in the A330 family and 16 A350XWB aircraft. Deliveries are due to begin at the…

A Look at Boeing’s Historical Deal with the Middle East

When the United States government signed a controversial agreement with Iran early this year, Boeing was anxious to take advantage of the opportunity. With many sanctions lifted, Iran was about to purchase aircraft from Boeing and Airbus to revive their oldest fleet. Iran Air which is based in Tehran has…

Iran Strikes a Deal with Airbus

January 28, 2016, was not only a big day for Iranian aviation but also for the Airbus Corporation. Not only did Iran place an order for 118 new aircraft, but all 118 airframes were also placed in a single order with Airbus. The order consists of 73 widebody jets and…