Airbus to deliver 100 planes to Iran, Peugeot returns with 400mn deal

Iranian state television reported on Thursday that Europe’s Airbus will deliver 100 passengers planes to the Islamic republic within four years.

“The contract with the Airbus has been finalised … the planes will be delivered to Iran as soon as possible within four years … Tehran will pay for the planes in 10 years … all the planes will be new ones,” state TV said.

Under a deal reached between Iran and six major powers in 2015, sanctions imposed on Tehran were lifted this month in return for curbs to the country’s nuclear programme.

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