Category: Featured
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UK cautiously eyes $600bn opportunity in Iran investment drive
UK firms are cautiously eying opportunities in Iran ahead of an expected $600bn boom in trade and infrastructure investment over the next ten years. The Islamic Republic is embarking on an ambitious investment drive as it emerges from decades of isolation imposed by international sanctions. The key infrastructure projects required includes the expansion of its…
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Iran Air finally seals ATR 72-600 deal
Iran Air has finally concluded an agreement for up to 40 ATR 72-600 turboprops, originally disclosed more than a year ago. ATR says that the deal has been “officially signed” and covers 20 firm aircraft and 20 options. The agreement is part of a broad fleet modernisation by Iran Air which has also included deals…
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IranAir signs contract with ATR to buy 20 planes
IranAir has signed a contract to buy 20 planes from turboprop maker ATR, Iranian deputy transport minister was quoted as saying on Monday. “The contract between IranAir and ATR to buy 20 ATR 72-600 aircrafts has been signed by the officials of both countries”. ATR is joint-owned by France-based Airbus (AIR.PA) and Leonardo SIFI.MI of…