20 Apr 2024
Wednesday 13 July 2016 - 11:10
Story Code : 222615

Iran to buy planes from Mitsubishi

Japans media say the countrys Mitsubishi Aircraft is negotiating with Iran to provide the country with its regional passenger jets that are currently under development.

The Nikki newspaper says in a report that Mitsubishi Aircraft the aviation arm of Mitsubishi Heavy Industries - began market surveys into Iran last September, four months before the U.S. lifted sanctions.

The company has been negotiating over jet sales with Irans flag carrier Iran Air and Iran Aseman Airlines, as well as the country's aviation authorities.

Iran Air is weighing purchasing 80 70-seat Mitsubishi Regional Jets and using them for domestic routes, Nikki added. Executives from both sides also discussed a possible deal last month during the International Air Transport Association conference in Dublin.

The report added that Mitsubishi is trying to use the help of the Japanese government over the purchase and wants to make use of state-backed financing.

Iranian airliner Iran Air and Boeing reacheda memorandum of agreement in June, under which a total of 80 aircraft will be sold to Iran and a further 29 will be leased with Boeing's support as part of a $25 billion contract.

Meanwhile, Boeings European rival Airbus is also awaiting Washingtons approval of an agreement with Tehran over the purchase of 118 planes, worth over $27 billion.

The deals with Boeing and Airbus came afteraircraft sanctions against Tehran were lifted under a landmark nuclear deal between Iran and the P5+1 group of nationsthe US, Russia, France, Britain, China and Germanyreached in July last year.

By Press TV
https://theiranproject.com/vdchzinim23ni-d.01t2.html
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