First it was Airbus, then it was Embraer and Bombardier. Then came ATR, Boeing and now its Mitsubishi.  Iran has now been speaking with or has deals with every western OEM.  This is what we have suggested is going to happen all along.

It is fair to say Iran’s aviation needs are so large that it is likely to need everyone’s production capacity to rebuild its fleets.  But it is more obvious that Iran will spread its requirements far and wide to ensure any new sanctions are vastly more complex to enforce.  With every OEM, and therefore the world’s aerospace supply chains invested, new sanctions become very tough to implement.  New sanctions would simply hurt too many economies.

What is very interesting though is that announcements are almost always from Iran first.  Embraer notified us denying they had consummated any deals.  Boeing can’t do a deal even though they did provide some information on what Iran is interested in.  Bombardier has not said much.  Nor has Mitsubishi.

Iran  is clearly very keen to get things moving with western OEMs. But in not so much of a hurry with Russia’s UAC, which has been eager to supply their very capable SuperJet.  This truly turning into a great game.

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