(MENAFN) Iran's head of civil aviation said that if and when US sanctions on Tehran are lifted, the two parties to a significant aircraft supply agreement with Airbus would need to make revisions.
On Wednesday, Mohammad Mohammadi Bakhsh claimed that Airbus had broken the terms of a 2016 agreement with IranAir that required the European aircraft maker to provide replacement parts for aircraft it had sold to Iran before US sanctions were put in place in 2018.
A contract between IranAir and Airbus was struck in December 2016 for the delivery of 100 aircraft to the national carrier of Iran.
Only three of the aircraft were actually delivered to Iran by Airbus prior to May 2018, when the US government revoked the company's authorization to conduct business with Tehran.
That followed Washington's decision to renege on a global agreement about Iran's nuclear program and the imposition of sanctions on the nation.
Airbus has come under fire from Iranian authorities for just adhering to American restrictions, but they maintain that the corporation should have signed a significant business agreement with a potential value of $20 billion.
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