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Business / World Business

Iran to buy 118 Airbus aircraft worth $25 billion

Published: 29 Jan 2016 - 12:00 am | Last Updated: 06 Nov 2021 - 08:14 pm
Peninsula

 

Paris: Iran agreed Wednesday to buy 118 Airbus aircraft worth about $25 billion (22 billion euros), according to a memorandum of understanding signed during a visit to France by Iranian President Hassan Rouhani.

The deal to purchase the medium- and long-haul planes, to be finalised once international sanctions against Iran are fully lifted, was announced at a ceremony attended by Rouhani and French President Francois Hollande.

AFP