Lufthansa, Germany’s largest airline, has announced that it has started talks with Iran Air to provide a wide range of logistic support services to Iran’s flag carrier.
Iran’s national flag-carrier airline Iran Air has signed a contract to buy 20 turboprops from the French-Italian aircraft manufacturer ATR, an official says.
Russia says there is a “concrete” agreement with Iran for purchasing 12 Sukhoi Superjet 100 passenger planes.
Serious signs have appeared showing that doing business with Iran may have already started to return to normal a year after the removal of sanctions that had complicated commerce with the country since 2011.
A new zinc mining project in Iran, which was recently awarded to a consortium of locals, is expected to enable the country to supply at least 4 percent of the world’s total demand for the strategic metal once completed within the next few years.
Iran says it expects to receive the third new Airbus aircraft from a batch of 100 planes purchased from the European aviation giant later this week.
France has called for “normalization” of banking ties with Iran to improve economic relations between the two countries.
Azerbaijan officially launched a rail link with Iran on Sunday by sending a train across the border to Iran’s northern city of Astara thus taking an ambitious multimodal transport project that connects northern Europe to India closer to reality.
A recent study shows that Iran will be among 32 most powerful economies in the world by 2050.
Iran’s top banker says the country plans to establish a bank in Azerbaijan with 100 percent Iranian ownership.