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Iran trims aircraft deals

International Finance DeskSeptember 21, 2016

by International Finance DeskSeptember 21, 2016

Citing delay by US, reduces Airbus order by six and Boeing by one IFM Correspondent September 21, 2016: Fed up with delay in getting regulatory approvals, Iran has reduced the number of airplanes it plans to buy from Airbus by six and from Boeing by one. The country’s deputy transport minister said Iran finds it...

Economy

Iran to buy around 100 aircraft from Boeing

International Finance DeskJune 16, 2016

by International Finance DeskJune 16, 2016

Suparna Goswami Bhattacharya However, the deal may take time to come through as there are objections from various quarters June 16, 2016: Iran has finalised a deal with Boeing to buy passenger planes from the US aircraft manufacturer as part of an ongoing effort to upgrade its civil aircraft fleet. Though the deal has not...

Company

Iran’s aviation market is waiting to be tapped

International Finance DeskJune 10, 2016

by International Finance DeskJune 10, 2016

Suparna Goswami Bhattacharya There is pent-up demand after years of sanctions but risks remain June 10, 2016: Iran has remained outside the international business community for close to 40 years now. Hence when sanctions were lifted this January, it was a gold rush for many. Being the 29th largest economy by GDP, Iran’s return to...

Economy

‘Every Airbus is partly made in India’

International Finance DeskMay 13, 2016

by International Finance DeskMay 13, 2016

European company awards A320neo titanium parts contract to Aequs IFM Correspondent May 13, 2016: In a further boost to the ‘Make in India’ programme, Airbus has contracted Aequs Aerospace, a wholly-owned subsidiary to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme. This is the first time work on critical elements...