Iran Air urges EU to get OFAC license for Airbus deliveries

TEHRAN, Dec. 17 (MNA) – Iran Air Chief Executive Farzaneh Sharafbafi called on the European Union on Monday to help get the necessary license for delivering Airbus passenger aircraft purchased by Tehran.

To upgrade its aging fleet, Iran Air ordered 200 passenger aircraft - 100 from Airbus, 80 from Boeing and 20 from Franco-Italian turboprop maker ATR - after the 2015 nuclear deal was reached between Iran and six major powers. But the US Treasury revoked licenses for Boeing Co and France’s Airbus to sell commercial planes to Iran Air after US President Donald Trump pulled the United States out of the agreement in May and reimposed sanctions.

“Our main concern is being able to serve our passengers better ... We hope that the EU can get the OFAC (Office of Foreign Assets Control) licenses for delivery of purchased Airbus planes,” Sharafbafi said, Reuters reported.

Although Airbus is based in France, it must have the approval of the US Treasury’s Office of Foreign Assets Control to sell planes to Iran because at least 10% of the components of the aircraft are US-made.

“As OFAC licenses were issued for ATR planes ...the licenses for Airbus planes can be pursued by (the EU),” she said, adding that “Iran Air can never be stopped.”

Under a special agreement after US licenses were revoked, ATR delivered 13 of the 20 turboprop aircraft sought by Iran Air while the remainder remain on order.

Other signatories of the nuclear deal and the EU have remained committed to the pact and have been trying to salvage it.

Airbus, which delivered three aircraft before the licenses were withdrawn, continues to show the order as active on its books.

MR/4487450/PR

News Code 140609

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