Iran says it has finalized talks with the European planemaker ATR to purchase 20 passenger planes.
“We have finalized negotiations to purchase ATR planes and now are engaged in the exchange of documents.” Iran’s transport minister Abbas Akhondi was quoted by the ISNA agency.
According to Akhondi, Iran is scheduled to take delivery first ATR planes after finalizing the the exchange of documents.
Earlier, Iranian Deputy Road and Urban Development Minister Asqar Fakhriyeh Kashan had said that ATR will deliver three or four passenger planes to Iran Air, Iran’s national flag air carrier, by the end of the current Iranian calendar year (ending on March 20).
In February 2016, ATR, reported preliminary orders from Iran for 20 ATR 72-600 aircraft and options for another 20, valued at 400 million U.S. dollars.
ATR is a French-Italian aircraft manufacturer headquartered on the grounds of Toulouse Blagnac International Airport in Blagnac, France.
Also in December, Iran Air finalized another agreement with the U.S. Boeing to purchase 80 commercial planes.
The agreement envisages the purchase of 50 twinjet narrow-body Boeing 737 planes and 30 long-range wide-body 777 aircraft with a total value of 16.6 billion dollars.
The planes by Boeing would be delivered to Iran within 10 years. The first deliveries are expected in 2018.