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Airbus signs $25bn deal to sell 118 planes to Iran

Iran has signed a deal to buy 118 Airbus planes worth $25bn (€22bn; £17.4bn) at list prices in one of the biggest deals signed since Western sanctions against Tehran were lifted, the BBC reports.

The agreement was signed during a visit by Iranian President Hassan Rouhani to France.

The order included 73 wide body and 45 narrow body jets, including 12 A380 superjumbos.

Iran’s decision to buy the A380 is a significant boost for Airbus.

The company has struggled to convince airlines to order the world’s biggest passenger aircraft in the past two years.

Kevo Kalantarian:
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