$10bn Plane Deal Between Iran and Airbus Now a Possibility After Sanctions Were Lifted

By Beverly Linao | Jan 19, 2016 07:20 PM EST

TEXT SIZE    

Walesonline, in their published article, said that a watchdog has confirmed that Iran had all the reasons to continue with the transaction as they have complied with a deal that was designed to help prevent the development of nuclear weapons.

Iran's country's transport minister Abbas Akhoundi said that they would be buying 114 Airbus planes. Depending on the type of aircraft to be purchased, the deal could be amount to $10bn.

Airbus has a total of 6,000 people at Broughton, and if this transaction becomes successful, then the company would greatly benefit from it. Airbus said on Saturday that the commercial talks happened only after the sanctions had been lifted.

The said purchase is in line with the predictions of Iranair. It can be recalled that their chairman told news agency Reuters 18 months ago: "as soon as sanctions were eased, Iran would seek to obtain at least 100 wide-body and short-haul jets." This purchase is said to be the "first step in a renovation of national carrier Iran Air."

Meanwhile, industry officials have forecasted the need to have 400 or more aircraft in the next decade in order to accommodate their country of 80 million people.

With regard to the lifting of international sanctions against Iran, the International Atomic Energy Agency said that its "inspectors on the ground verified that Iran has carried out all measures required under the [July nuclear deal] ... to enable Implementation Day to occur".

US secretary of state John Kerry and the EU's top diplomat, Federica Mogherini, met with Iran's Javad Zarif, in separate talks in Vienna.

"Our region has been freed from [the] shadow of an unnecessary conflict that could have caused concerns for the region," Mr Zarif said, speaking to widely-held fears that if the deal failed then the United States or its allies would resort to military measures to take out Iran's nuclear infrastructure.

"Today is also a good day for the world. Today will prove that we can solve important problems through diplomacy." 

pre post  |  next post
More Sections