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Iran to receive further 5 ATR planes by March

Business Materials 17 May 2017 16:26 (UTC +04:00)

Baku, Azerbaijan, May 17

By Emil Ilgar – Trend:

A day after Iran received four ATR 72-600 airplanes, Farhad Parvaresh, Chairman & Managing Director of Iran Air announced May 17 that the second batch of 5 planes of the same model would be delivered to Iran by March 20, 2018.

Under the $536-million deal the European airplane manufacturer must deliver 20 ATR 72-600s to Iran in total.

IranAir takes delivery of four ATR aircraft

IranAir takes delivery of four ATR aircraft

In order to renew its aviation fleet, Iran requires 500 new aircraft in the next 10 years, including over 100 replacements for regional aircraft that are over 20 years old.

Previously, Iran has also reached agreements with Airbus and Boeing to renew its air fleet. The agreements with the aircraft manufacturers came following Iran’s nuclear deal with the world powers in 2015.

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