News ID: 173268
Published: 0748 GMT December 05, 2016

Iran, Airbus to cooperate in manufacturing aircraft spare parts

Iran, Airbus to cooperate in manufacturing aircraft spare parts

Head of Iran’s National Space Center, Manouchehr Manteqi, said the French plane manufacturer Airbus plans to cooperate with the Islamic Republic in joint projects to produce aircraft parts in the near future.

"We will soon begin cooperation with Airbus in the manufacture of aircraft parts,” Manteqi said on Monday, Tasnim News Agency reported.

Spare parts manufacturers are the most important link in the chain in the process of building airplanes, the Iranian aviation official noted.

Airbus announced in September that it had received the US Treasury Department’s approval to sell aircraft to Iran. The company – together with its American rival Boeing – had earlier this year sealed deals with Iran to sell some 200 planes to Iran.

Back in October, Iran’s Minister of Road and Urban Development Abbas Akhoundi said the country would finalize a contract with Airbus for the purchase of jetliners in the near future.

On October 3, Akhoundi said his ministry and Airbus representatives held negotiations in Tehran a week earlier following the US decision to remove a final hurdle for Western aircraft manufacturers to sell planes to Iran.

"The contract with Airbus will be finalized soon,” he added at the time.

During a visit to Paris in January by Iranian President Hassan Rouhani, Tehran signed a major contract with Airbus worth about $27 billion to buy 118 aircrafts.

Iran also sealed a deal in June worth around $25 billion with the US aerospace heavyweight, Boeing, for the purchase of 100 passenger planes.


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