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World’s leading turboprop manufacturer ATR and Iran’s national flag carrier Iran Air, three months ago signed in Teheran a deal for the introduction of 40 newest generation ATR 72-600s. The agreement includes firm orders for 20 aircraft plus 20 options, and is valued at one billion euro. The signature of the deal follows the commercial…

Rolls-Royce welcomes the announcement today of a firm contract between Airbus and Iran Air for the supply of 100 aircraft. The agreement includes 16 Airbus A350 XWB aircraft which are powered exclusively by the Trent XWB engine. The Trent XWB is the world’s most efficient large aero engine and was designed specifically for the aircraft.…

Iran Air and Airbus have signed a firm contract for 100 aircraft, building on an initial commitment signed in January 2016 in Paris. The agreement signed by Farhad Parvaresh, Iran Air Chairman and CEO and Fabrice Bregier, Airbus President and CEO, covers 46 A320 Family, 38 A330 Family and 16 A350 XWB aircraft. Deliveries will…

The Boeing deal will add 5,000 seats to Iran’s fleet, which is more than double the current active capacity of the country.

SEATTLE, Dec. 11, 2016 /PRNewswire/ — Boeing [NYSE: BA] and Iran Air announced an agreement today for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within…

Energy and transport groups are among those lining up to take advantage of change to trading relations.

“Prospect of a major order with Iran is moving closer”, Boeing Chief Executive Officer Dennis Muilenburg said on Thursday.

After the removal of western sanctions against Iran as part of the July 2015 nuclear deal with world powers, the country has wasted no time to revitalize its battered aviation industry and dilapidated air fleet.