IranAir (IR, Tehran Mehrabad) has signed an agreement with Airbus (AIB, Toulouse Blagnac) for the acquisition of 118 aircraft critical to its fleet renewal plans.

Announced during President Hassan Rouhani's ongoing official visit to France, the order entails: twenty-one A320ceo family jets; twenty-four A320neo family jets; twenty-seven A330ceo family jets; eighteen A330neo (-900) jets; sixteen A350-1000s; and twelve A380-800s.

The order also includes pilot, maintenance training, and support services critical to the new fleet's entry into service.

“Today’s announcement is the start of re-establishing our civil aviation sector into the envy of the region and along with partners like Airbus we’ll ensure the highest world standards,” Farhad Parvaresh, Iran Air Chairman and CEO, said.

Parallel to that agreement, Iran's Minister of Roads and Urban Development, Dr. Abbas Ahmad Akhoundi, signed a comprehensive co-operation agreement with the Europeans which will see Iran’s civil aviation infrastructure and regulatory oversight overhauled and modernized. Among the areas involved in the deal are Iran's air navigation services (ATM), airport and aircraft operations, regulatory harmonization, technical and academic training, as well as MRO and industrial cooperation.