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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