Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Iran to purchase 114 Airbus planes from France this week

byCT Report
24/01/2016
in Latest News
Share on FacebookShare on Twitter

TEHRAN: Iran has announced to sign a contract this week to buy 114 Airbus planes from France during Iranian President Hassan Rouhani’s visit to Paris, Tehran’s transport minister said Sunday.

Abbas Akhoundi, quoted by Iranian media, said the deal “will be signed between Iran Air and Airbus” when Rouhani is in Paris on Wednesday on the final day of his first official European visit.

You might also like

Pakistan faces mango export challenges amid Afghanistan border closure, Gulf tensions

13/05/2026

Qatari LNG tanker heads via Strait of Hormuz to Pakistan, shows data

13/05/2026

Rouhani’s trip follows the implementation of a nuclear deal with world powers that curbs Tehran’s atomic activities in exchange for the lifting of punishing economic sanctions.

Iran desperately needs to modernise its ageing passenger plane fleet, which has only 150 operational planes out of more than 250, according to Akhoundi. “We have been negotiating for 10 months” for the purchase of planes but “there was no way to pay for them because of banking sanctions,” Iranian state media quoted Akhoundi as saying.

“We need 400 long- and mid-range and 100 short-range planes,” he added. The first batch of new planes will arrive in the country by March 21, he said.

Iran, with a population 79 million, has a good road network but still needs major transport upgrades, which Tehran hopes will aid tourism. Rouhani is to visit Italy and France on January 25-27 to boost Iran’s economic ties with Europe.

Iran currently has no deals in place with American manufacturer Boeing “because of problems with negotiating with the US,” according to Akhoundi.

State television said the US Treasury had not yet permitted Boeing to enter talks with Iran, “but we will definitely negotiate with this company too,” the minister added.

Apart from new planes, Iran’s airports also need $250 million worth of upgrades, he said. Only nine of Iran’s 67 airports are currently operational. The Islamic republic on Saturday signed a $2 billion contract with China to electrify the railway line linking Tehran with second city Mashhad, Akhoundi said.

Related Stories

Pakistan faces mango export challenges amid Afghanistan border closure, Gulf tensions

byCT Report
13/05/2026

ISLAMABAD: Pakistan mango export sector is facing mounting challenges due to geopolitical tensions in Afghanistan and the Middle East, threatening...

Qatari LNG tanker heads via Strait of Hormuz to Pakistan, shows data

byCT Report
13/05/2026

KARACHI: A second Qatari liquefied natural gas tanker is transiting the Strait of Hormuz days after the first such cargo...

RCCI inks MoU with China’s IBI Group to promote industrial cooperation

byCT Report
13/05/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) signed a Memorandum of Understanding (MoU) with China’s IBI Group during...

Pakistan weighs fertiliser imports from Central Asia amid fears of supply disruptions

byCT Report
13/05/2026

ISLAMABAD: Prime Minister Shehbaz Sharif directed the authorities to ensure timely provision of fertiliser to farmers at all costs and...

Next Post

Anti-encroachment drive: RCB confiscates 11 truckload goods

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.