[UPDATE – a UAC spokeperson shared this: “We applied to OFAC (The Office of Foreign Assets Control), in order to receive the approval for SSJ100 delivery to Iran due to some American components in the aircraft. However, SCAC is further…
With another two stories today about in-flight component failures (Southwest, Sichuan), we are being reminded that airplanes are vulnerable. There is nothing quite like an airline/airplane scary story to catch people’s attention. The industry safety statistics are too good to…
ATR denies signing the contract with Iran Air to provide twenty aircraft. The news was reported yesterday by the Iranian news agency and later reported by Reuters. The Franco-Italian aircraft manufacturer, a joint venture between Airbus and Leonardo, has now…
The Boeing-Iran Deal Boeing and Iran have finalized the terms of a transaction for 80 aircraft with a list price of $16.6 billion. The transaction includes 50 737s and 30 777s to be delivered from 2018 to 2028. But just…
Speaking in a meeting with the officials from Ministry of Roads and Urban Development in Tehran, Airbus Group CEO Tom Enders said the first delivery of 20 ATRs to Iran will start in November and will last through 2018. Iran…
Airbus and Rolls-Royce have combined on a program to enhance the residual values and market viability of the A340-500 and -600, which have been removed from many airline fleets due to unfavorable economics. Rolls-Royce has stepped up with a “four…