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Iran concludes aircraft deals within nuclear deal

Business Materials 15 September 2017 14:03 (UTC +04:00)

Baku, Azerbaijan, Sept. 15

By Khalid Kazimov – Trend:

All existing deals between Iran with the international aircraft makers have been concluded in line with the 2015 nuclear deal and this is an accord between Iran and the international community approved by the UN, said an Iranian Civila Aviation official.

“No doubts that all companies will fulfill their commitments under the existing deals and these contracts must be implemented,” head of Iran Civil Aviation Organization Ali Abedzadeh told IRNA.

The US House of Representatives has voted in favor of new measures that block sales of commercial aircraft to Iran. The bill prevents the Office of Foreign Assets Control (OFAC) from clearing licenses to allow aircraft sales.

Following the implementation of the nuclear deal last January and the removal of sanctions on Iran, the country launched talks with leading airplane manufactures to purchase hundreds of commercial aircraft from Airbus, Boeing and others. The leading manufacturers require OFAC licenses to complete the sales.

Since January 2016, the country has received seven new airplanes and it is expecting to receive two ATRs within the coming days.

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