Iran and ATR to sign $400 million contract

EghtesadOnline: Iran deputy minister of roads and urban development for international affairs, announced, officials from ATR Company head to Tehran on Wednesday to sign a $400 million deal.

News ID: ۷۳۸۹۶۵

31 December 2016

Iran deputy minister of roads and urban development for international affairs, Asghar Fakhriye Kashan said “the contract of buying airplanes from this French-Italian aircraft manufacturer will sign next week.”

“On Wednesday we review the contract and it will be signed if there are no problems”, he added.

“The value of this contract is $400 million for buying 20 airplanes that will be used for domestic routes”, the deputy asserted, according to ISNA.

According to this contract, 5 airplanes will be handed to Iran Air by the next three months.