Iran calls U.S. to unblock aircraft deals, seeks investors

September 18, 2016
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After lifting the sanctions from Iran in January, the country is trying to fulfill its obligations under the US-Iranian agreement. That’s why Iran Iran calls U.S. to unblock aircraft deals, under which Tehran intends to buy over 200 passenger jets worth $50 billion at list prices from Airbus and Boeing.

Iran calls the United States on Sunday to remove remaining obstacles to it buying passenger planes under the agreement. Tehran intends to boost its aviation sector, that’s why the Roads and Urban Development Minister Abbas Akhoundi told an aviation conference that Iran was complying with its obligations. The country is ready to negotiate possible deals with other plane-makers.

The CAPA Aviation Finance Summit for Iran became a place for “negotiating with all those big names … There are a lot of obstacles but I am sure that because we have respected all the international rules and regulations, all those problems are going to be resolved,” told Mr. Akhoundi.

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The main obstacles for selling by the US the jets to Iran are two amendments, aimed at the stop of the deal. These amendments need to be approved by the Senate and signed by President Barack Obama. Meanwhile, Mr. Akhoundi dismissed the concerns: “We have a contract. We will stick to it.”

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  • George Kafantaris

    Business is business, and there’s money to be made in Iran.

    • Jayson DeBrune

      I’m sure GM and Ford wrestled with selling cars in newly-Nazi Germany in 1938 too, but it’s business I wouldn’t want. Iran remains on the terror list, it executes people at a rate higher than anyone else in the world, it funds three proxy wars in Syria, Iraq and Yemen and it snatches up dual citizens including Americans to be used in prisoner swaps. We can live with not doing business unless they reform themselves.