This week, during President Hassan Rouhani's trip to Italy and France, Iran signed a contract for the purchase of 118 Airbus aircraft, to be delivered in the next four years.
Quoted by Iranian media, Kashan said the Airbus deal was worth $10 to $11 billion, while the previously mentioned amount was $25 billion.
The deal is to purchase 73 long-haul and 45 medium-haul Airbus planes, the French manufacturer detailed in a statement.
Before a nuclear deal with world powers took effect this month, Iran's aviation industry was subject to a US embargo preventing Western manufacturers since 1995 selling equipment and spare parts to the Islamic republic. http://www.thelocal.fr/20160130/frances-atr-to-sell-40-turboprop-planes-to-iran
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