News from Iran today alludes to an order from an Iranian airline for 10 Embraers. The report is confusing because it refers to “new” aircraft and then describes these as 50-seaters. The most likely 50-seater Embraer is the ERJ 145. …
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…
It has been a very good week for Boeing. MIAT Mongolian and Iran Aseman both ordered the 737 MAX. Yesterday MIAT Mongolian Airlines announced it’s decision to lease two 737 MAXs from Avolon, the leasing firm. Today Iran Aseman Airlines…
Russia’s Rostec announced that Russian Helicopters is part of a deal between Rostec and Industrial Development and Renovation Organization (IDRO) of Iran. The deal announced is a cooperation in setting up a joint venture for assembling light civil helicopters manufactured in Russia…
Two Reuters articles are recommended reading prior to our story here. First this one, which describes how OPEC is having a tough time curbing production. The previous swing producer, Saudi Arabia, says these cuts are only needed for six months. …
Boeing has an $16.6bn deal with Iran for 80 aircraft. Many in the industry were wary of the deal’s next steps after the change of government in Washington, DC. President Trump imposed a temporary travel restriction that included Iran. Then…