Iran Air will take delivery of two ATR 72-600s at Tehran’s Mehrabad Airport on Friday.

Two ATR72-600 aircrafts will be shipped into Homa Airlines by Iranian pilots after the grand tests in French city of Toulouse.

Iran Air CEO is scheduled to travel to France on Tuesday, to finalize necessary documents regarding the two airplanes.

Iran is gradually receiving the passenger planes purchased from Airbus, ATR , and Boeing, following the implementation of the JCPOA.

Back in April 2017, Iran Air signed a contract with ATR to buy 20 planes from turboprop maker ATR.

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Kish Airline CEO Mohammad Taqi Jadidi was quoted by the domestic media that the plan envisaged buying 10 planes from Boeing and 6 more from Airbus.

Jadidi told Iran’s IRNA news agency that the new Airbus planes would be added to his company’s fleet before the end of the current Iranian calendar year (21 March 2018).

He added that Boeing planes would be purchased in the next Iranian year.

Nevertheless, the official did not specify which specific models the purchases would involve.

Kish Airline belongs to Kish Free Zone Organization and currently has 14 planes, including 2 Airbus-320, 2 Airbus-321, seven MD planes and 3 Fokker-100 planes, IRNA added in its report.

Airbus has already sealed deals to sell a total of 173 new aircraft to Iranian airlines with a collective value of tens of billions of dollars.

On the same front, Boeing had accrued orders and options for 140 planes, while the smaller European turboprop-maker ATR attracted orders and options for 40 aircraft.

Iran Air – the country’s national flag-carrier airline – appears to be the most active buyer of new planes. The company would buy a total of 220 new planes from Airbus, Boeing and ATR, covering both wide and narrow-bodied jets as well as turboprops. Airbus and ATR made their first deliveries of several planes over the past few months but Boeing deliveries would start in 2018.

Among the country’s smaller carriers, Iran Aseman Airlines would buy 30 new Boeing 737 Max 8 jets, with options for 30 more.

Iran Airtour would also purchase 45 Airbus A320neo aircraft.

And Zagros Airlines would acquire 28 Airbus aircraft, including 20 of its A320neo model and eight of its larger A330neo.

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Only a day after two Iranian airlines announced deals to purchase planes from Airbus, another Iranian carrier said it has sealed a third deal to buy advanced aircraft from US plane-maker Boeing, Press TV reported.

The head of Qeshm Air said on Friday that the company had placed an order for 10 Boeing 737 MAX planes.

Mahmoud Shekarabi was quoted by Fars News Agency as saying that the purchase of an additional five planes from Boeing 737-800 family was also on the agenda.

He added that relevant deal would be signed with the US aviation major within the next two months.

The purchase, he underlined, followed months of negotiations in Mexico and Iran.

The official further said Boeing would obtain the required licenses from the US Treasury Department for the sales of planes to Iran, adding that deliveries would be made after 2022.

On Thursday, European aviation giant Airbus says it has signed basic agreements with two Iranian airlines on the purchase of a total of 73 planes.

Also, Zagros Airlines CEO Abdolreza Mousavi told the domestic media that his company would lease the planes from Airbus.

In its statement Airbus added that the agreements with Zagros Airlines and Iran Airtour were contingent upon all necessary approvals, including those from the US Treasury’s Office of Foreign Assets Control.

On the same front, Reuters quoted Airbus Sales Chief John Leahy as saying that he expected the US approvals within the next couple of months.

Zagros is already the largest operator of Airbus single-aisle aircraft in Iran with 11 A320ceo planes, AFP said in a report on the agreements.

Like Airtour, Zagros will use the new planes to upgrade its fleet and expand operations both at home and internationally, AFP quoted Zagros chief as saying in the Airbus statement.

Iran Airtour was established as a subsidiary of Iran’s national flag-carrier airline Iran Air in 1992 and privatized in 2011 but maintains a status as subsidiary of IranAir.

Zagros Airlines is a private carrier.

IranAir has already ordered 100 planes from Airbus, 80 from US rival Boeing and 20 ATR turboprops.

Boeing has also signed a deal for 30 737 MAX jets with Iran’s Aseman Airlines, which is managed as a private company and owned by Iran’s civil service pension foundation, Reuters added.

According to estimates from the Iranian civil aviation authority, the country’s airlines will need to purchase between 400 and 500 new planes over the next decade, AFP wrote in its report on the Airbus deals with Zagros Airlines and Iran Airtour.

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Under the agreement, the airlines will buy 30 Boeing 737 MAX airplanes worth $3 billion. The deal also gives Aseman the right to purchase another 30 of the Boeing’s twinjet narrow-body passenger planes.

IRNA said that representatives of Aseman and Boeing signed the agreement in Tehran covering as many as 60 jets, including options, after a year of negotiations.

Owned by Iran’s civil service pension foundation but managed as a private company, Aseman is Iran’s third largest airline by active fleet size, according to the CAPA consultancy.

Tehran-based Aseman Airlines has a fleet of 36 planes – half of them the 105-seat Dutch Fokker 100s. it operates them on flights to 40 domestic and 13 international destinations, according to its website. However, it was banned from flying into the European Union over safety concerns in December.

Its three Boeing 727-200s are almost as old as the 1979 Islamic Revolution, having made their first flight in 1980.

Boeing described the deal as a “memorandum of agreement,” a type of transaction that falls short of a binding contract and is subject to government approvals.

The Aseman deal still has to be approved by the US government. Boeing said it negotiated the agreement under government authorizations.

If completed, the main part of the deal for 30 jets would be worth $3.4 billion at list prices, though airlines typically win discounts of around 50 percent for large deals.

In the statement on the latest deal, Boeing cited US Department of Commerce data suggesting an “aerospace sale of this magnitude creates or sustains approximately 18,000 jobs in the United States”.

Deliveries to Aseman would start in 2022.

“Boeing continues to follow the lead of the US government with regards to working with Iran’s airlines and any and all contracts with Iran’s airlines are contingent upon US government approval,” Boeing said.

Boeing 737 MAX planes – that would enter service in the second half of 2017 – have a passenger capacity of 130 people and are specifically adequate for domestic and regional flights.

The planes that Aseman Airlines has purchased from Boeing would increase the company’s passenger transportation capacity to above 8,000 seats, Aseman emphasized.

Even before the latest Boeing deal, Iran’s Civil Aviation Organization said plane purchases would create 20,000 direct jobs, and thousands more indirectly.

“Currently, 500-700 co-pilots are unemployed in Iran,” CAO official Mohammad Reza Kazemipour said on Monday, adding that the new fleets would bring “tens of billions of dollars in revenues for Iran”.

The memorandum of understanding is the second big agreement Boeing has reached with Iranian airlines since sanctions were eased in January 2016 after an international agreement on Iran’s nuclear program.

Boeing is to provide 50 planes of the same type to Iran’s flag-carrier airline Iran Air through a similar agreement. The overall value of Iran Air’s order that also involves 30 long-range wide-body 777 aircraft is estimated to be $16.6 billion.

Iran Air said in December 2016 that Boeing would start to deliver the planes in 2018 and the deliveries would be completed within 10 years.

Iran has already received the first three of a total of 100 Airbus planes that it has purchased from the European company through an agreement worth around $18 billion. More deliveries are expected to take place in the coming months.

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The government encourage had notably Minister of Roads and Urban Planning Abbas Akhundi, Head of AEOI Ali Akbar Salehi, a number of MPs, and other dignitaries from the industry sector, who attended the ceremony to hail the Airbus landing on the airport.

Elaborate ceremony was prepared for the arrival of the much-anticipated Airbus; national anthem was played by a regiment of uniformed staff, with pilots waving hands to the press covering the ceremony.

Head of Iran Air and head of Airbus were onboard Airbus A321 which departed from southern city of Toulouse in France hours ago. The city was hosting a similar ceremony where Iran’s air industry authorities received officially the plane, where Mr. Farhad Parvaresh of Iran Air that the day was the most important day in the history of relations with the Airbus. The first plane houses 190 passengers and is part of the 100 planes signed during Rouhani’s visit to Paris in 2015.

Airbus CEO Fabrice Brégier told the press on Wednesday that the company would provide Iran with 98 brand-new planes, with only 2 others coming from a deal with another airline which was cancelled; “the deal is approved by the US Treasury and according to latest international standards of trade,” he told reporters in Toulouse.

He also added that deal with Iran comprises only one-seventh of the total number of orders the company received in 2016.

The deal to renew Iran’s antiquated air fleet will reportedly improve the passenger capacity to 50,000 seats, with 20,000 jobs directly created by the renewal.

The deal allows Iran to own planes after the country completes the repayment process and receive the certificates necessary to repair and maintenance, and other technical services.

Iran will only pay 15 per cent of the total price, with 85 per cent financed by foreign creditors.

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Deputy Minister for International Affairs at the Ministry of Road and Urban Development Asghar Fakhrieh Kashan made the announcement elaborating that “Iran‘s national carrier, Iran Air (Homa) will receive one A330 and two A320 long-range Airbus aircrafts by the end of the current Iranian calendar year (on March 20, 2017).”

Representatives of ATR are slated to visit Tehran on Wednesday, said the official adding “the final round of talks between Airline of the Islamic Republic of Iran (Iran Air) and a French-Italian aircraft manufacturer will kick off in the coming days and a contract is expected to be inked in the course of talks.”

He recalled that the two sides had previously agreed in purchase of 20 aircraft though Iran is capable of buying 20 more planes from the European manufacturer which is a subsidiary of Airbus.

On financial resources of the aircraft purchase contracts, Fakhrieh Kashan underlined that Iran Air will undertake 15 per cent of the financing while the remaining 85 per cent will be supplied through foreign financing.

Referring to the foreign companies’ interest in striking deals with Iran, he noted that the country has no problems for funding such agreements.

The contract value for buying 20 ATR planes is less than 500 million dollars and the figure for Airbus stands below 10 billion dollars, he stressed.

Also, Iran Air and the American Corporation of Boeing signed an agreement on selling 80 aircraft to Iran on December 11 though the first batch of those passenger aircrafts are expected to be delivered to Iran in early 2018.

Deputy Iranian roads minister, while stressing that the initial contract with Boeing was worth 16.6 billion dollars, given Iran’s proposal and the freedom to choose plane types, the actual value of the deal to buy 80 Boeing aircraft will be worth about 50 percent of the mentioned amount.

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The deal took weeks of shuttling between Airbus headquarters in Toulouse, France, and Tehran, complicated by a shortage of expert legal advice as Iran completes its biggest commercial deals with the West since the 1979 Islamic Revolution.

Airbus in a statement said almost half the jets would be for short to medium routes and that deliveries would start early next year.

The contract includes 46 of the narrow-body A320 family which includes the A321 model, 38 long-haul A330s and 16 of Europe’s newest long-range model, the A350.

The order follows a commitment inked in January when President Hassan Rouhani visited Paris in the wake of a deal between Iran and six world powers over its nuclear program.

Planemaking chief Fabrice Bregier called the deal “a significant first step” in modernizing Iranian aviation, adding it included training, airport operations and air traffic management.

However, both sides confirmed the Airbus A380, the largest passenger plane in the world, had been jettisoned from a provisional list first agreed in January.

Although up to 12 were earmarked in the initial agreement, Tehran’s international airport is not currently equipped for such planes.

US regulatory delays further reduced the order by six planes, lowering the total order to 100 from 118 jets.

Iran Air,1956

Iran’s civil aviation

Iran Air’s CEO Farhad Parvaresh said the deal was “an important step toward a stronger international presence in civil aviation”.

He added: “We hope this success signals to the world that the commercial goals of Iran and its counterparts are better achieved with international cooperation and collaboration.”

Parvaresh stressed that the deal has paved the way “for more practical steps to follow for Iran Air’s fleet renewal”.

Such a deal would be worth $18-20 billion at list prices, depending on variants flown, but Iran is expected to receive steep discounts from foreign manufacturers as its aviation renewal coincides with a drop in demand elsewhere.

It is expected to be followed by a formal deal to buy turboprop aircraft from ATR, half-owned by Airbus.

The first jet, an Airbus A321 already painted in Iran’s national carrier livery, may arrive in January.

“When Airbus and ATR aircraft start going into Iran, Boeing will point to that to argue that it should implement its own deal,” said an aviation source, who closely followed the talks.

In another deal earlier this month, Iran Air finalized a contract to buy 80 planes from Airbus’ US competitor Boeing.

Boeing said that contract – Iran’s first deal with a US aviation firm since 1979 – was worth $16.6 billion.

Despite rivalries, the Airbus and Boeing deals with Iran are unusually intertwined because each depends on continued US clearances for the sale of planes built with US parts.

“Everyone has an interest in moving quickly. The Iranian government wants to show results from the nuclear deal; Airbus wants to get deliveries moving and Boeing wants the leverage it can get from European deliveries to Iran,” another source said.

Airbus said the deal was subject to US Treasury export licenses granted in September and November 2016.

Republican critics of the nuclear pact want Trump to block the aircraft deals and have sought to hamper them by voting to tighten restrictions on use of the US financial system.

Airbus is expected to be paid in euros instead of the usual dollars and is likely to provide its own financing for the first few jets./Iran-daily

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Managing Director of Iran’s national carrier, Iran Air (Homa), Farhad Parvaresh made the remarks on the sidelines of agreement signing ceremony today in Tehran between Airline of the Islamic Republic of Iran (Iran Air) and directors of Boeing Company at the presence of Iran’s Minister of Roads and Urban Development Abbas Ahmad Akhundi.

Parvaresh underlined that 50 of the aircraft will be of Boeing 737 model which is a short- to medium-range twinjet narrow-body airliner.

“The other 30 airplanes will be Boeing 777 long-range wide-body twin-engine jet airliners,” highlighted the official noting that deliveries will be made to Iran Air over a ten-year time span.

Representative of Boeing, the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems, said the deal with Iran was finalized with approval of the US government.

The official, while stressing that the contract was worth 16.6 billion dollars, said Boeing had sealed the final agreement to sell 80 commercial aircraft to Iran upon receiving necessary permits from the goverment of the US.

The Boeing official recalled that the final document signed today followed the Memorandum of Understanding inked earlier in June; “we are pleased that Boeing has one more resumed cooperation with Iran,” he observed.

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