| Code: 176731 |

IranAir looking for planes not needing U.S. sales permit

IranAir is looking to buy planes from any company not requiring U.S. sales permits and may consider Russia’s Sukhoi Superjet 100, the flag carrier’s head was quoted as saying, as Iran tries to renew its aging fleet despite facing U.S. sanctions.

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IranAir is looking to buy planes from any company not requiring U.S. sales permits and may consider Russia’s Sukhoi Superjet 100, the flag carrier’s head was quoted as saying, as Iran tries to renew its aging fleet despite facing U.S. sanctions.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) revoked licenses for Boeing Co (BA.N) and Airbus (AIR.PA) to sell passenger jets to Iran after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement in May and reimposed sanctions.

“We welcome any (company) which is able to provide the planes needed by IranAir. We even have gone after planes such as Sukhoi 100 or planes made by non-European countries,” said IranAir Chief Executive Farzaneh Sharafbafi, quoted by Iran’s Roads Ministry website.

Most modern commercial planes have more than 10 percent in U.S. parts, the threshold for needing U.S. Treasury approval. But Russian officials have been reported as saying Sukhoi is working on reducing the number of U.S. parts in the hopes of winning an Iranian order for up to 100 aircraft.

“We will consider plane purchases if these companies can sell planes to Iran without an OFAC license, and are willing to negotiate,” Sharafbafi added. She gave no further details.

 

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