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January 25, 2016 10:03 am
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Iran Plans to Sign Contract for European-Made Planes During Rouhani Trip to Rome, Paris

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An Airbus plane. Iran is planning to buy 114 Airbus planes. Photo: Wikimedia Commons.

An Airbus plane. Iran is planning to buy 114 of these. Photo: Wikimedia Commons.

Iran is planning to sign a contract with European aircraft maker Airbus to buy 114 planes in what would be the first big deal to emerge from Tehran’s landmark nuclear pact with global powers.

The Airbus deal is the highlight of a visit to Rome and Paris this week by President Hassan Rouhani that is turning into a business bonanza.

Read full story at the Financial Times.

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