Iran plans to Buy 114 Aircraft from Airbus

After the lifting of economic sanctions against Iran, the Minister of Transport announced plans to buy 114 aircraft from Airbus …

The stock market has been quick to react to announcements made ​​Saturday by Iranian Minister of Transport, Abbas Akhoundi being swept off the share price of Airbus group.

In an interview with the news agency Tasnim, he said he had taken “taken the first step by deciding to buy 114 Airbus aircraft,” said Capital on its website.

ANALYSIS: Iran to Buy 114 Airbus Planes https://t.co/lfWFqJUuq2 pic.twitter.com/RegXf2ldOc

— Vinay Bhaskara (@TheABVinay) January 18, 2016

The European aircraft manufacturer is thus one of the first companies to benefit from the lifting of sanctions on Iran. This contract could exceed $ 10 billion at list prices. A visit of Iranian President Hassan Rouhani is scheduled at the end of months in Italy and in France. The order could be approved on this occasion.