News ID: 209412
Published: 0347 GMT February 04, 2018

CEO: 14 more new planes to join Iran Air fleet

CEO: 14 more new planes to join Iran Air fleet

Iran Air will receive 14 new passenger planes in the year mid-March 2019, announced the company's CEO.

Farzaneh Sharafbafi told Fars News Agency on Sunday that based on contracts, 14 new planes will join the national flag carrier, adding that Italy and France have already opened special credit lines for Iran to this effect.

She hoped that a part of the credit lines will be allocated to contracts between Iran Air and ATR and Airbus aviation companies.

In December, Sharafbafi said that Airbus has agreed to finance Iran's purchase from the European firm. "Iran Air has signed contracts to purchase 80 Boeing, 20 ATR and 100 Airbus planes," Sharafbafi said.

"The US Congress' tightened supervision over these contracts might delay the issuance of license by the Office of Foreign Assets Control (OFAC) and the US Treasury Department a little, but it would not call off the permissions to buy Boeing aircraft," she added.

Sharafbafi added that three Airbus 321 and 330 as well as six ATR passenger planes have so far been delivered to Iran.

Asked about foreign finance to fund the purchase of Iran Air planes, she said, "We are in talks over this issue, although Airbus has undertaken to finance the planes."

In August, Sharafbafi said that Iran Air 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 to Iran Air.

She added that many proposals have been submitted to Iran Air.

She reiterated that ATR, a joint venture between Airbus and Italian company Leonardo which signed a firm contract with Iran Air for 20 turboprop aircraft and options for a further 20 planes early this year, is willing to finance the purchases.

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