ATR to deliver 8 more planes to Iran by year end

News ID: 4145046 -
TEHRAN, Nov. 14 (MNA) – ATR’s Christian Scherer told the media that the company is posed to outpace its promised deliveries to Iran, with handing another 8 passenger carriers to Iran.

“ATR aims to deliver another eight aircraft to Iran by the end of the year after delivering six so far this year under US export licenses issued following the lifting of international nuclear-related sanctions in 2016,” said Chief Executive Christian Scherer of ATR Aircraft. The news was broken by Reuters on Tuesday.

ATR Aircraft whose US components make up more than 10 percent of their value need licenses from the US Treasury before they can be supplied to Iran under the nuclear deal.

Scherer said the company, jointly owned by Airbus and Italian aerospace group Leonardo, expected to keep deliveries stable at 80 aircraft in 2017 and beyond.

Following the landmark agreement of July 14, 2015, between Iran and 5+1 group of countries, European companies are enthusiastically bidding for contracts with Iran.

Back in April, Iran signed a deal on the purchase of 20 ATR 72-600 with ATR as a third aircraft manufacturer after having signed lucrative deals with Airbus and Boeing following the implementation of the nuclear deal.

The first package including four out of the twenty purchased ATR aircraft landed in Tehran in May 17, followed by two more on September 29.

The ATR 72-600 has a range of 1,500km and 70 seats.

YNG/4144714

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