Another EU bank unveils plan to fund Iran projects

BPI France CEO Nicolas Dufourcq. France’s state investment bank Bpifrance (BPI) says it plans to provide funds to French companies that invest in the Iranian economy from next year, becoming the third European bank to do so after similar moves were announced last week by banks from Austria and Denmark. …

Iran’s Aseman Airlines to get Airbus planes

Hossein Alaei, the head of Iran’s Aseman Airlines. Iran’s Aseman Airlines says it is working on a plan to renovate its fleet by procuring a series of planes from the world’s largest aerospace corporation Boeing, European aviation giant Airbus and even Russia’s Sukhoi aircraft builder.  Hossein Alaei, the head of…

Boeing receives US permission to sell planes to Iran

Boeing Company has announced on Wednesday that it has received US approval to sell its planes to Iran after almost 40 years. According to a report by Bloomberg, the permission had paved the way for the biggest business transaction between the two nations since the 1979 Islamic Revolution in Iran….

Iran’s dealmaking with Europe: the seven biggest contracts

Deals worth nearly €40bn were struck during the Iranian president’s four-day visit to Europe after the lifting of sanctions The Iranian president, Hassan Rouhani, meets the French president François Hollande. France and Italy have led the way in cementing post-sanctions deals.  Airbus €22bn (£16.8bn) Aiming to renovate its ageing air…

Iran selects Airbus for its civil aviation renewal

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. According to a press release issued by Airbus,…

Iran, Airbus to start talks on new passenger jets

Airbus confirmed on Monday that it was poised to begin negotiations with Iran for the sale of dozens of new commercial aircraft. The New York Times reported from London that the deal is part of a raft of international business that is expected to flow toward Tehran since economic sanctions…

Airbus says in contacts with Iran

Airbus says it has made contacts with Iran to re-enter the country’s aircraft market which has a potential order list for 500 commercial planes. “We have made some contacts, yes,” the Financial Times quoted head of Airbus’s passenger jet unit Fabrice Bregier as saying. Iran has been on the radar…