Iran to Produce Airbus Parts and Buy Boeing

President Rouhani marked at his visit to Paris and Airbus that Iran is not only a buyer, but also a producer. On the President’s speech yesterday on the occasion of Iran Air’s 55th birthday, he made the remarks that Airbus and Iran have agreed that Iran will partly produce the wings and fuselage of the aircraft. Rouhani has several times stressed the expansion of Iran’s aviation industry in order to regain its role, and to attract more tourists. Tourists are seen as the new business for Iran in the post-sanctions era, which has been noticed by foreign investors as well.

“Not only Iran is the shortest link between the east and the west and serves as the best aviation hub for traveling between these two points, but it can also serve as the best tool for transferring culture and politics,” said Rouhani.

As Iran has already ordered 118 aircraft from Airbus, 20 from ATR and 50 from Embraer, while Boeing has been locked out. However, only a few days ago the US Government permitted license to Boeing to commnece commercial discussions with allowed Iranian airlines, and it has done so. Today the Iranian airlines have mostly expressed interest for the Boeing 737, but nothing has ruled out that long-range aircraft will not be purchased. A deal with Boeing would be the first of its kind since the 1970s. The aircraft will be bought by a hire-purchase method, a method that also applies for the three other signed deals with Airbus, ATR and Embraer.

 

Photo: Boeing