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Ten companies who left Iran

Ten companies who left Iran

On 6 June 2018, Ellen R Wald wrote in Forbes that when President Trump announced the return of U.S. sanctions on Iran almost one month ago on May 8, there was a great deal of skepticism about how many global businesses would cease operations in Iran or with Iranian agents.  

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Chinese finance for aircraft purchase

Chinese finance for aircraft purchase

After months of negotiations, a Chinese company agreed to fund the purchase of Iran Airs’ airliners. According to the Ministry of Roads and Urban Development of Iran, Iran Air and a Chinese company signed an MoU to enable the company to finance the purchase of Iran Airs’ airliners.  

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Sale of Canadian aircrafts to Iran gets US license

Sale of Canadian aircrafts to Iran gets US license

Al Monitor News has cited an Iranian source, claiming that the US Treasury Department has issued licenses for the sale of Canadian aircrafts to Iran. If the veracity of the news is verified, this will be the first such license issued by the Trump Administration. As reported by Al Monitor: “Questions have emerged about whether the US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued new licenses to Canadian plane manufacturer Bombardier Inc. to sell passenger aircraft to Iran.

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Two more ATRs land in Iran

Two more ATRs land in Iran

Two more ATR 72-600 series which were dispatched from France last night landed in Mehrabad Airport in Tehran this morning. Following the Iran nuclear agreement of 2015, the JCPOA, with world powers and sanctions relief, Iran's Aviation Industry has signed an agreement for the purchase of 100 passenger planes with the French Airbus, 80 Boeings with the US, and 20 ATRs. Eight of the latter and three airbuses have been delivered to Iran Air.

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Aerial birds of steel in Iran’s sky

Aerial birds of steel in Iran’s sky

The eighth and ninth deliveries of airplanes following the signature of the JCPOA nuclear deal with Iran have been sent to Tehran from Toulouse, France, out of an order of 200.

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One man’s loss is another man’s gain

One man’s loss is another man’s gain

France smiles while Trump is angry and Europe moves closer to Iran. Donald Trump has increased his verbal threats against the Iran JCPOA nuclear deal and speaks of it in anger. Yet, France is seeking increased economic ties with Iran.

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Iran selecting financiers for 200 jets: Iran Air

Iran selecting financiers for 200 jets: Iran Air

Iran Air CEO Farzaneh Sharafbazi says her company is in the process of selecting financiers for the purchase of 200 new passenger aircraft from among many domestic and foreign companies which have submitted their proposals.  

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