Airbus Orders 2016

Iran expects the U.S. Treasury to grant licenses by the end of this month that should help pave the way for the completion of the purchase of more than 200 aircraft from Boeing Co. and Airbus Group SE, Iran’s deputy transport minister Asghar Fakhrieh Kashan said in Tehran on Sunday.

Kashan said Iran has an agreement with a leasing company for $10 billion in financing for the Airbus deal and that it will be signed within days. He didn’t disclose the name of the leasing company or say where it was based. The value of Iran’s deal with Boeing has yet to be finalized and financing talks are ongoing, he said.
“Our latest forecast is that by the end of the current Iranian year (March 2017), we will definitely see a number of those planes, both from Airbus and Boeing, arrive in Iran,” he said.