Bombardier to catch up with rivals in Iran

Bombardier’s CEO Alain Bellemare said the company can catch up with its rivals in Iran soon.

Bellemare stressed that he has no concerns in catching up with its rivals in Iran’s aviation market even though it has been late on chasing opportunities in the country.

He stated that he expects his company to find a foothold in the country following Canada’s lifting of sanctions against Iran, adding that the company was not concerned about winning its share of new orders in the Iranian market.

Iran has earlier signed an agreement with the French Airbus and also with the American aviation Boeing to purchase planes. Apart from Boeing and Airbus, Iran has also started negotiation with Canada’s Bombardier, Brazil’s Embraer and Japan’s Mitsubishi over plane supply agreements. / ISNA

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