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Iran intensified plane leasing talks with EU firms

Ali Abedzadeh, the head of Iran’s Civil Aviation Organization (CAO), says discussions have been intensified with European companies over leasing airplanes.

Iran says it has intensified efforts to acquire airplanes from international supplies under leasing contracts. 

Ali Abedzadeh, the head of Iran’s Civil Aviation Organization (CAO), has been quoted by media as saying that discussions were currently underway with companies from Germany, Italy, Ireland and France.

Abedzadeh added that acquiring planes under leasing deals was one of the top priorities of CAO. This would be specifically important given that it would open a gate for Iran’s key airlines to purchase their required planes, he said. Leasing planes would also eventually lead to the renovation of Iran’s air fleet, the official added.

Abedzadeh further emphasized that Iran’s Ministry of Roads and Urban Development would try to prepare the conditions for Iranian airlines to purchase planes through leasing contracts. He added that international companies could have a satisfactory performance on that front thanks to their “vast experience” on the same area.

“Negotiations have been carried out with companies from Ireland, Germany, France and Italy over cooperating and investing in the area of leasing planes,” said the official. “Companies from those countries are interested in cooperating with Iran.”

Abbas Akhoundi, Iran’s minister of roads and urban development, told reporters in late October that Iran was looking into the possibility of using the facilities of German financial institutions to fund its purchases of planes from aviation giants such as Airbus and Boeing.

He said he had raised the issue in a meeting with the visiting German Minister of Transport and Digital Infrastructure Alexander Dobrindt.

The move could help push ahead a major plane purchase scheme that Iran is pursuing with giants Airbus and Boeing, the media reported at the time.

Iran has sealed deals with both to purchase over 100 planes from each. Yet, the deals are still pending the identification of leasing institutions to fund the purchases.


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