Airbus and the Iranian government have been granted one export license covering the sale of 17 Airbus aircraft to Iran Air, leaving one more license to be issued before the whole sale of 118 aircraft can go ahead, Airbus tells Airfinance Journal.
The first export license was granted "last night" on 20 September and Airbus officials expect the second license to be approved "in the coming weeks", according to a spokesperson for the original equipment manufacturer.
The first license permits the sale of 17 aircraft, comprising a mixture of A320 and A330s. It is understood that the second license will approve the sale of a further 101 aircraft.
Airbus says it had insisted on getting two licenses from the US Treasury and Office of Foreign Assets Control (OFAC) to expedite the longer-than-expected process in winning regulatory approval for the aircraft sales.
The move comes after an Iranian official told an industry event this week that the government planned to reduce its Airbus purchase by six units due to delays in receiving US regulatory approval, which is needed to import the aircraft.
That would bring the total number of aircraft expected from Airbus down to 112.
"There are six fewer aircraft . These are the ones that were due to be delivered in 2016," said Iran’s Deputy Roads and Urban Development Minister Asghar Fakhrieh Kashan at an industry event in Tehran, according to Reuters.
Included in the purchase are 12 Airbus A380s, but Iran Air has the option of downscaling this part of the order to a smaller aircraft type, such as the A350.
The Airbus deal was announced days after the United Nations lifted its sanctions on Iran in exchange for the country curbing its nuclear activity.
Boeing has also signed a deal to sell 100 aircraft to Iran in June.
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