EghtesadOnline: Brazil’s regional jet maker Embraer says it is still waiting for an approval by the US Treasury Department for sales of aircraft to Iran.

EghtesadOnline: Iran’s ATA Airlines has reached an agreement with Brazilian planemaker Embraer to purchase 10 new passenger planes, the carrier confirmed.

EghtesadOnline: The first Brazilian Embraer airplane joined Iran’s air fleet and some 4 other Embraer 195 will be added to Iran fleet by the end of the current Iranian calendar year (March 20, 2017), an official said.

EghtesadOnline: Brazilian companies such as Embraer SA and Marcopolo SA are scrambling to close multi billion-dollar deals to sell planes and buses to Iran, seeking to navigate remaining U.S. financial sanctions, senior officials have said.

EghtesadOnline: Representatives of Brazilian planemaker Embraer S.A. have paid a visit to Iran to market their regional aircraft in the untapped, yet competitive Iranian market for short-haul jets.