Iran has trimmed its order with Airbus to purchase of 100 passenger planes partly by dropping superjumbo A380s, said the managing director of Iran’s flag carrier Iran Air on Sunday.

“The nominal value of the contract for purchase of 118 planes from Airbus is $25 billion dollars, but the Airbus proposal to sell A380 has been cancelled so that the value of the contract with Iran Air will not exceed $10 billion,” Farhad Parvaresh said, quoted by state news agency IRNA.

Parvaresh said that based on the plans made, Airbus will deliver seven or eight planes by 2017.

Talking to reporters on the sidelines of the First International Exhibition of Road Construction and Maintenance, Transportation and Related Industries, Parvaresh said in the meantime that ATR plane manufacturing company is scheduled to deliver eight planes to Iran Air as per the contract already signed.

He said that the contract had been signed for purchase of 80 planes from Boeing. “Though the contract was signed last week, Boeing will deliver its first plane to Iran Air in April 2018,” he said.

“The Airbus representatives are present in Iran since last week to finalize the context of the contract,” he added. – TradeArabia News Service