Iran Air Buys 118 Airbus Aircraft Including 12 A380s

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Iranian president has been on a tour of Europe signing and negotiating trade deals once the US sanctions of foreign companies dealing with the country were lifted.

Iran Air A380

The national airline (Iran Air) will buy 118 aircraft from Airbus that includes 12 A380 super jumbos. Iranian airlines have not been able to purchase or lease aircraft directly from Boeing or Airbus and have been flying old unsafe equipment for too long.

You can access Bloomberg’s piece here of which below is an excerpt:

Iran placed an outline order 118 Airbus Group SE jetliners including 12 A380 superjumbos and secured an accord with PSA Peugeot Citroen for the modernization of a Tehran car plant as President Hassan Rouhani’s post-sanctions European shopping trip reached Paris.

The aircraft to be bought from Toulouse-based Airbus are worth almost $27 billion at list prices, according to Bloomberg calculations. Assuming all the planes are delivered, Rouhani signed off on deals valued at about 30 billion euros ($33 billion) in a ceremony at the Elysee Palace, the official residence of his French counterpart Francois Hollande, a French official said.

The Airbus accord covers 45 single-aisle planes comprising 21 from the current-generation A320 family and 24 re-engined A320neos, the company said. The 73 wide-body aircraft ordered include 27 A330s, 18 A330neos, 16 of Airbus’s latest A350s — in the stretched -1000 variant — plus the A380s.

Here’s press release from Airbus:

Iran officials have signed two agreements with Airbus covering new aircraft orders and a comprehensive civil aviation co-operation package. The agreements were signed at the Élysée Palace, Paris, during Iranian President Hassan Rouhani’s official visit to France with French President François Hollande.

Iran Air has signed an agreement with Airbus for the acquisition of the full range of new Airbus airliners (73 widebodies and 45 single aisle). This includes pilot and maintenance training and support services to help the entry into service and efficient operations of these new aircraft.

In parallel the Minister of Roads and Urban Development, Dr. Abbas Ahmad Akhoundi, has signed a comprehensive co-operation agreement as part of the country’s modernisation of its civil aviation sector, to support the development of air navigation services (ATM), airport and aircraft operations, regulatory harmonization, technical and academic training, maintenance, repair and industrial cooperation.

These two agreements took place as part of the implementation of the JCPOA (Joint Comprehensive Plan Of Action) on January 16th 2016, and its associated rules and guidance.

The agreement for 118 new aircraft signed by Mr Farhad Parvaresh, Iran Air Chairman and CEO, includes 21 A320ceo family, 24 A320neo family, 27 A330ceo family, 18 A330neo (-900), 16 A350-1000 and 12 A380.

Today’s announcement is the start of re-establishing our civil aviation sector into the envy of the region and along with partners like Airbus we’ll ensure the highest world standards,” said Mr Farhad Parvaresh, Iran Air Chairman and CEO.

The skies have cleared for Iran’s flying public and Airbus is proud to welcome Iran’s commercial aviation back into the international civil aviation community. Today is a significant step in the overhaul and modernisation of Iran’s commercial aviation sector and Airbus stands ready to play its role in supporting it,” said Fabrice Brégier, Airbus President and CEO.

Conclusion

Good that Airbus was able to find buyer for A380s that haven’t received new orders for some time. Not sure where Iran Air is going to fly using these jumbos and other long-haul aircraft that they are buying.

I am sure that the Mahan Air would have use for new aircraft too. As the airline is a private one, those deals are probably announced separately.

It is good that the Iranian airlines are finally able to acquire modern aircraft that makes flying on these airlines safer.

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