Iran Says It Will Review Airbus Contract If Sanctions Are Lifted
News - Middle East: Iran’s civil aviation chief says the country will need to revise a major aircraft supply contract with Airbus in case the two parties return to the deal after a potential removal of US sanctions on Tehran.
Mohammad Mohammadi Bakhsh said on Wednesday that Airbus had violated its obligations under a 2016 deal with the IranAir which required the European aircraft manufacturer to supply spare parts for planes it had delivered to Iran before the US sanctions were imposed on the country in 2018.
IranAir and Airbus signed a contract in December 2016 for supply of 100 jets to the Iranian flag carrier.
However, Airbus delivered only three of the planes to Iran before May 2018 when the US government cancelled the company’s permit for engaging in transactions with Tehran.
That came after Washington decided to pull out of an international deal on Iran’s nuclear program and imposed sanctions on the country.
#Iran #Airbus About 1 year-
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