Iran Plans on Buying New Jets from Airbus, Talks of 100 Plane Purchases

Iran is set to talk with Airbus, the leading aircraft manufacturer, to give life to Iran's economy once again.

The country plans to purchase of more than 100 Airbus planes to modernize it's current air fleet. The number of potential planes listed rose from 114 with Airbus to 127. The number may keep on rising depending on the current negotiations being cemented.

After the country's sanctions have been lifted, Iran has been aggressively pursuing goals to modernize its state.

Transport Minister Abbas Akhoundi has indicated that they have been in talks for 10 months and that the country is in need of 400 long-range and mid-range planes, as well as 100 short-range planes. Once the deal is successful in its implementation with Airbus, it is expected that the first set of new jetliners will reach iran by March of this year.

Airbus has already confirmed that it's ready to negotiate terms with Iran's national carrier, Iran Air. The aircrafts subjected to the deal are dozens of new commercial aircraft. Stefan Schaffrath, Airbus spokesperson has announced that the company is ready to engage in commercial negotiations with the Middle Eastern country.

The type of planes that are being listed range from the 100-seater turboprops to the 555-seater twin deck Airbus A380 jumbo jet. The finality of the deal will be signed by President Hassan Rouhani in Paris, France, this week on January 27.

Airbus said that they are ready to proceed once compliance with international laws are set, reports indicated.

Airbus, however, is not the only company Iran might be conducting negotiations with. Iran has shown interest in Mitsubishi's MRJ and Canada's Bombardier CSeries and other aircraft companies. With Iran's expanded, and continuously expanding, shopping list for more than 160 European planes, the country hopes to revitalize its economy soon especially since the sanctions have been lifted.

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