Iran’s flag carrier Iran Air is expected to finalize an aircraft purchase deal with ATR the next week, Asghar Fakhrieh Kashan, Iran’s deputy minister of roads and urban development, said.
Representatives from the French-Italian aircraft manufacturer will visit Tehran Dec. 28 to hold a final round of negotiations with Iran Air, Fakhrieh Kashan said, IRIB news agency reported Dec. 26.
The Iranian airline is allowed to buy 40 planes from ATR, he said, adding that Iran Air will pay 15 percent of the needed fund and 85 percent will be provided by foreign financers.
Fakhrieh Kashan also said that the Iranian flag carrier will purchase eight new aircraft by March 2017, including one A320 and two A330 planes from Airbus as well as five ATR aircraft.
Earlier on Dec. 11, Iran Air finalized a long awaited contract with Boeing, the US aircraft manufacturer, to purchase 80 passenger planes.
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