Live Update
From the Liveblog of
Tuesday, February 2, 2016
Iran signs deal to buy 20 more airplanes
Iran’s national carrier has signed an agreement to buy 20 new passenger airplanes with an option for 20 more from French-Italian aircraft manufacturer ATR, Iranian media reports.
The purchase comes a week after Iran Air signed a deal to buy 118 planes from the European consortium Airbus, signaling a major effort to develop the civilian aviation sector now that international sanctions have been lifted under a landmark nuclear deal.
ATR says the deal signed with Iran Air includes a firm order for 20 ATR 72-600 planes. Iran’s private Donya-e Eghtesad daily says the deal is worth $1.089 billion.
— AP
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