© Stephane de Sakutin, POOL, AFP | Iranian President Hassan Rohani and French President François Hollande attend a signing ceremony at the Elysée Palace in Paris on January 28, 2016 in Paris
Source: france 24 – France, Iran announce €23 billion Airbus deal – France 24
Iran agreed on Thursday to buy 118 Airbus aircraft worth approximately €23 billion ($25 billion), according to a memorandum of understanding signed during a visit to France by Iranian President Hassan Rohani.
The deal to purchase 73 long-haul and 45 medium-haul planes, to be finalised once international sanctions against Iran are fully lifted, was signed at a ceremony at the Elysée Palace attended byRohani and French President François Hollande.
The order includes A380s – the world’s largest passenger plane – in a boost for Airbus, which has been struggling to sell them.
The deal covers new aircraft orders as well as “a complete package of cooperation in the civil aviation sector”, Airbus said in a statement.
Iran‘s civil aviation fleet reportedly numbers around 140 aircraft, with an average age of approximately 25 years. The deal should allow Iran to retire planes in desperate need of replacement – the country currently has one of the world’s worst air safety records.
“Today’s announcement is a first step towards restoring the prestige of the civil aviation sector in the region,” said Iran Air’s CEO, Farhad Parvaresh.
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