looks like iran did some creative financing to get the airbus
deal done before the new u.s. president takes office.
Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus (AIR.PA), breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the move said.
The deal removes a significant hurdle to securing the first tranche of jets, following uncertainty over financing and political opposition in the United States and Iran, though the sources caution months of talking have thrown up new potential hurdles.
Iranian officials declined to name the lessor involved, but industry sources said in September that Iran was in advanced talks with the United Arab Emirates' Dubai Aerospace about helping to finance the purchase.
"We have a deal to finance the first 17 aircraft," a senior Iranian official told Reuters, without elaborating.
Dubai Aerospace and Airbus both declined to comment.
Under the deal, the leasing company would take over part of Iran's order for dozens of new jetliners and then lease them to the country's flag carrier.
deal done before the new u.s. president takes office.
Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus (AIR.PA), breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the move said.
The deal removes a significant hurdle to securing the first tranche of jets, following uncertainty over financing and political opposition in the United States and Iran, though the sources caution months of talking have thrown up new potential hurdles.
Iranian officials declined to name the lessor involved, but industry sources said in September that Iran was in advanced talks with the United Arab Emirates' Dubai Aerospace about helping to finance the purchase.
"We have a deal to finance the first 17 aircraft," a senior Iranian official told Reuters, without elaborating.
Dubai Aerospace and Airbus both declined to comment.
Under the deal, the leasing company would take over part of Iran's order for dozens of new jetliners and then lease them to the country's flag carrier.
http://www.reuters.com/article/us-iran-aviation-usa-idUSKBN13H1W0?il=0
and you can bet your bottom $ that iran will also get to buy the planes
it wants from boeing.trump's whole campaign was about creating jobs
and improving the economy.he will look like an utter fool if he tells 1500
boeing workers they are going to be laid off since he does not want to
sell planes to iran.that's jt not trump who has been a business man and
a deal maker all his life.