|  | 

Foreign Affairs

Airbus Says Will Continue on Iran’s Deal against Trump’s Warnings

Iran Air took delivery of its first new Airbus aircraft, an A321, in a handover ceremony in Toulouse, France, on Wednesday.

Alalam - Iran

Racing with Boeing for business in post-sanctions Iran, Airbus is making the symbolic move of delivering the jet, the first of 100 planes planned in an Airbus deal worth more than 18 billion US dollars at list prices.

Iran's flag carrier signed a similar deal with Boeing, for 80 jetliners that won't start arriving until 2018.

Fabrice Bregier, president of Airbus commercial planes, said that Airbus would continue work on the Iran planes despite concerns that US President-elect Donald Trump could threaten the international nuclear agreement that paved the way for the aircraft contracts.

Airbus also shrugged off concerns of protectionist measures threatened by Trump, noting that it's manufacturing in the US now too - and delivered its first US-assembled plane last year, an A321 made in Mobile, Alabama.

Source: Al Alam News Network

The iran News Gazette is mainly concerned with news and information about the Arab region and also covers international issues. Its main objective is to provide reliable and verified information on the Arab region for publishing on the digital landscape.