Close Menu
BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook X (Twitter) Instagram
BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook X (Twitter) Instagram
BlogSpotTipsBlogSpotTips
Home»Finance»Canada’s Bombardier to finance Iran’s commercial plane order
Finance

Canada’s Bombardier to finance Iran’s commercial plane order

Loknath DasBy Loknath DasJanuary 16, 2018No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

 Canadian planemaker Bombardier is ready to finance 80 percent of Iran’s order to buy 10 commercial aircrafts, Financial Tribune daily reported on Tuesday.

Bombardier has obtained the license from the U.S. Treasury’s Office for Foreign Assets Control to sell 10 brand-new CRJ-900 NextGen regional jets to Iran and is ready to finance 80 percent of the order, the CEO and Chairman of Qeshm Investment and Development Company told the daily.

“The remaining 20 percent would be funded by Iran’s Qeshm Free Area,” Reza Baqerinejad said without providing further details about the total value of the contract.

The planemaker has submitted a draft contract to Iran’s Qeshm Free Area Organization for the review, Baqerinejad said, adding that his company will review the draft to finalize the deal.

The final contract will be officially unveiled within a month, Baqerinejad was quoted as saying.

Deliveries are expected to begin ten months after the deal is unveiled, Baqerinejad said. “Bombardier is expected to deliver two planes every three months,” he added.

The contract marks Bombardier’s first foray into the Iranian market as no Iranian airline has ever operated planes manufactured by the Canadian company.

The order is part of the Iran’s Qeshm Free Area Organization plan to launch a new airline called Fly Qeshm to promote tourism in the southern Qeshm Island.

Boeing, Airbus and ATR have been given the go-ahead with their contracts with Iran Air. The flag carrier has so far received 11 planes, 3 Airbus jets in addition to 8 ATR turboprops.

source:-.xinhuanet

Bombardier Canada's commercial finance: Iran's order plane to
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Loknath Das

Related Posts

Mexico’s Collective Movement: Transforming Women’s Inclusion in Finance

March 7, 2026

When and How to Use Valuation Multiples Across Industries

February 13, 2026

Orbiting Alpha: Why Space Tech Stocks Just Logged Their Strongest Month in Years

February 11, 2026
Recent Post
  • 13 Trending Sounds on Instagram in March 2026 (+ Tips to Use Them)
  • Mexico’s Collective Movement: Transforming Women’s Inclusion in Finance
  • Beyond the Scroll: How to Make Social Media Work for Your Business
  • What actual effects does social media have?
  • A Practical Hearing Health Checklist
  • Better Data, Stronger Schools: Transforming Education in Guinea-Bissau
  • Proven Strategies for Sustainable Social Media Growth
  • Nigeria: Keeping Education Alive for Children Affected by Conflict
Search
  • Home
  • Privacy Policy
  • Contact Us !
© 2026 BlogSpotTips. Designed by BlogSpotTips.

Type above and press Enter to search. Press Esc to cancel.