jghealey
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Will Iran Air still take delivery of Airbus aircraft?

Fri Sep 14, 2018 8:18 pm

It looks like ATR and Boeing won't be delivering aircraft to Iran Air under US sanctions, but will Airbus still deliver planes to Iran? To my knowledge they haven't said that they won't be delivering planes to Iran yet.
 
george77300
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Re: Will Iran Air still take delivery of Airbus aircraft?

Fri Sep 14, 2018 8:24 pm

jghealey wrote:
It looks like ATR and Boeing won't be delivering aircraft to Iran Air under US sanctions, but will Airbus still deliver planes to Iran? To my knowledge they haven't said that they won't be delivering planes to Iran yet.


No.
 
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FA9295
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Re: Will Iran Air still take delivery of Airbus aircraft?

Fri Sep 14, 2018 8:33 pm

jghealey wrote:
It looks like ATR and Boeing won't be delivering aircraft to Iran Air under US sanctions, but will Airbus still deliver planes to Iran? To my knowledge they haven't said that they won't be delivering planes to Iran yet.

See this topic thread: viewtopic.php?f=3&t=1401309

A large portion of Airbus planes/jets use parts that are manufactured in the US, so with that in mind, Airbus planes are also unable to be delivered to Iran.
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Fri Sep 14, 2018 10:46 pm

95% chance what will end up happening is Airbus and IR will use a middleman such as TK which will “take delivery” of some Airbus aircraft and discreetly pass them on to IR. Not a perfect solution but avoids a lot of the problems of direct delivery and waaay easier to get approved from a legal perspective as TK is fully permitted to take delivery of Airbus aircraft. Full ownership is given to TK and then once out of Airbus’ hands and liability, TK can do whatever they want as the airplanes are now physically in their possession, which includes “selling” them to IR on Airbus’ behalf. This method works particularly well as the original order by TK *is* a legitimate order and as TK is allowed to take delivery with no restrictions, the US will approve US parts for it like they would any other plane. The trick here is that while Airbus/TK/IR would know that the order is a cover for IR, there is no way for the US to know that at the time of assembly and thus no basis to deny US components. But once TK takes it, it’s a done deal and it will officially be out of US or Airbus’ control. To avoid having IR’s planes being suspended in production midway if the US saw a gradual and unexplained increase in IR’s fleet as was the case for IR’s current order, this would work best if TK waited until after all of IR’s planes were finished and delivered to TK before handing over the entire fleet simultaneously and at once. There would be no hiding it for IR but it wouldn’t matter since the US and IR didn’t have good terms to begin with so not much to lose. And by passing on the entire fleet of new aircraft at once, IR would actually be able to get all the aircraft instead of only a few if production was suspended midway as gradual delivery is easier to detect and can result in production stopped sooner and thus less aircraft delivered. In the grand scheme of things, if done right, this is pretty hard to detect from a US perspective especially while being built if Airbus/TK/IR all mutually consent to refuse to acknowledge the existence of a backdoor deal, the US has no legal basis for a case against any of the three. Airbus would be obliging within its terms of not selling to IR and thus being allowed US components at the time of delivery. TK would be unaffected as it would be a transaction in which the US has no role being solely between TK and IR where TK has full legal ownership of the plane and can sell to whoever it desires on the secondhand market, including IR which the US legally cannot prevent if the plane is physically in TK’s possession.

TLDR: There may be some small economic penalty of doing a backdoor deal, but it completely circumvents the much bigger current problem of IR not being able to obtain the planes at all. This method will get the planes to IR with a high level of certainty, possibly at the expense of a small economic penalty, but they will get them nonetheless and most likely be able to successfully bypass the block on US components. IR is probably willing to pay a small courtesy “thank you” fee to TK for this transaction and it would be a small price to pay for being able to finally obtain a modern new fleet. The US will be able to penalize IR economically if they do this, but they will no longer be able to block delivery altogether as they do now as by the time IR has them, it will be too late.
 
Boof02671
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 12:03 am

Doesn’t work that way.

Any plane must be 10 years old that can be transferred or those companies face sanctions or charges.

And IR would have a very hard time getting parts.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 12:34 am

If it were as easy as nromax says, it would have happened long ago. Hint: it’s not easy.

Airbus wouldn’t sell another plane with US content, if they tried that. That and they could be cut off from selling in US dollars, which is much more harmful than you guess.

GF
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 2:24 am

GalaxyFlyer wrote:
If it were as easy as nromax says, it would have happened long ago. Hint: it’s not easy.

Airbus wouldn’t sell another plane with US content, if they tried that. That and they could be cut off from selling in US dollars, which is much more harmful than you guess.

GF


If TK is the one dealing to IR, on what basis is Airbus penalized for it?
 
Planeyguy
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 2:41 am

neomax wrote:
GalaxyFlyer wrote:
If it were as easy as nromax says, it would have happened long ago. Hint: it’s not easy.

Airbus wouldn’t sell another plane with US content, if they tried that. That and they could be cut off from selling in US dollars, which is much more harmful than you guess.

GF


If TK is the one dealing to IR, on what basis is Airbus penalized for it?

You dont think TK will be penalised for it? It is still a company selling US products to Iran. The US will probably embargo TK and then TK wont receive any planes from either boeing or airbus and TK certainly wouldnt want that
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 3:05 am

What do you think the US is stupid? TK orders a block of planes who quickly show up Iran Air colors and they won’t know what’s going on? $100 million airliners aren’t stolen cars, they’re easily tracked. Airbus has already confirmed they won’t deliver them.

GF
 
Bricktop
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 12:04 pm

:roll: Oh no, not this again.
 
smartplane
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 7:43 pm

A, B, GE, PW and RR conditions of sale, include transfer, sale and lease restrictions, even on used aircraft. And financial services, including EXIM, have equally wide ranging conditions and specific covenants prohibiting sanctions busting.

An airline would quickly find itself with no finance, fleet, engines and landing rights outside it's home country and Iran.
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sat Sep 15, 2018 10:44 pm

smartplane wrote:
An airline would quickly find itself with no finance, fleet, engines and landing rights outside it's home country and Iran.


That’s what shell companies exist for.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 12:57 am

Neomax,

Why hasn’t “shell” companies been used to supply Iran before? Because it’s a lot harder than it looks and much more so than it was 20 years ago.

There is NOTHING preventing Airbus from delivering these planes. They just have be willing to consider Iran’s market more valuable than the US market AND replace all the US IP content in engines and avionics. Not easy, which is why it hasn’t happened. Iran isn’t worth it.

If Airbus deals with a shell company, they’ll still get sanctioned. These aren’t used cars.

It. Won’t. Happen.

GF
 
FlyHappy
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 1:20 am

neomax wrote:
smartplane wrote:
An airline would quickly find itself with no finance, fleet, engines and landing rights outside it's home country and Iran.


That’s what shell companies exist for.


I knew this was sounding familiar from you. Ya just won't let this Iran air fleet workaround thing go, will ya? (other thread)

Care to explain how a shell company is gonna help an airline with no landing rights?
Put aside the massive financial burden TK (or whoever your hypothetical middleman is) will put themselves under by needing shell companies to source US parts or transact in USD?

Why do you persist in refuting common sense?
If Airbus ain't gonna do business with Iran, then no one else is gonna either (meaning violating US sanctions by supplying US hardware).

Put your political stance aside, it's just not practical.
Iran will source 10+ year old equipment, and that's that.
 
Mumrik
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 12:19 pm

Could Airbus sell any of the frames stored in Tarbes? Don't they have a few A330s and A340s stored there?
Aircraft enthusiast and model custom maker
 
blueflyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 2:58 pm

The EU is working on a sanctions-avoiding financing tool for Iran, but there are so few details at this stage that it isn't known whether it would allow EU companies to pay for Iranian oil only, or could be used to pay for bilateral trades in goods and services. Even if it is the latter, Airbus aircraft have so much US content that I am not sure this tool would be of much help. If nothing else, the US government would look to US manufacturers for assurances they did everything they could to ensure their parts would not end up in Airbus aircraft destined for Iran.

Mumrik wrote:
Could Airbus sell any of the frames stored in Tarbes? Don't they have a few A330s and A340s stored there?

Used or new, the seller has to make some efforts at due diligence before selling. A seller can't claim innocence when they sell goods to a company that was set up yesterday and said goods end up in a country under sanction the day after the sale.
 
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NameOmitted
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 3:15 pm

Yes, in 2021 or so.
 
smartplane
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 8:05 pm

neomax wrote:
smartplane wrote:
An airline would quickly find itself with no finance, fleet, engines and landing rights outside it's home country and Iran.


That’s what shell companies exist for.

That's not how it works. Every business and individual trading with, or providing services to the 'shell' would be tainted. For ever.

Companies and trusts are set up every day for finance and leases, usually on a per aircraft basis. That's to quarantine, in case the transaction is deemed at some time in the future to be evasion instead of avoiding, and places a stop loss on the event. And allows flexibility for ownership, disposal, write off in the event of damage, etc.

In the world of commercial aviation finance we operate close to or on the line. Transacting with Iran at present, definitely crosses the line.
 
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Siren
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 10:27 pm

GalaxyFlyer wrote:
What do you think the US is stupid?


Yes.

As it pertains to IR getting aircraft (seems my substantive factual informational post about how Iranian airlines have gotten around aircraft embargoes has disappeared, I have to retype the whole thing), hypothetically, if TK were to take delivery of the aircraft, then they would need to transfer them to a third party. These third party operations are often set up just for the purposes of transferring these planes. They essentially establish a paper airline, or co-opt a friendly airline.

For example, Mahan Air used Al-Naser in Iraq to 'launder' their entire A340-600 fleet - 7 of them in fact. The A346s are all former VS aircraft that, some went to HiFly after their time with VS, but, they all found their way to "Al Naser"... and with several registration changes on the Iraqi register. Of course it goes without saying that they were never painted in the Al Naser livery. They went straight to Iran and Mahan Airlines.

Mahan also has a number of A340-300s - sourced from various operators, but the common thread is that they are all laundered through a friendly companies that had no intention of actually operating them or a fake shell company established for the purpose of importing the plane before the aircraft touches Iranian soil.

Another significant factor to consider is that the sanctions Iran faces restricts their ability to transfer money and participate in the international economy. As such, getting enough dollars or euros or whatever currency they need to purchase these planes is not easy. There aren't financial institutions that will finance these aircraft - these have to be paid for in cash. As such, that's another contributing factor for the difficulty.

That said, the Iranians have managed to bring in quite a few A340s into the country, and also a good number of A320ceos. I expect they'll be able to get many more A320ceos as the Neos start coming online in greater numbers once the engine production ramp issues are resolved and the planes are hitting their delivery schedules. Given the current political situation they find themselves in, this is the best they can do. Until there is a change of leadership in the United States, there will be no new aircraft sales to Iran from Airbus or Boeing, or anyone else for that matter.
 
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Siren
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Re: Will Iran Air still take delivery of Airbus aircraft?

Sun Sep 16, 2018 10:33 pm

smartplane wrote:
That's not how it works. Every business and individual trading with, or providing services to the 'shell' would be tainted. For ever.


I dunno. HiFly transferred a bunch of A340-600s to a 'shell' company, and they all ended up in Iran... I don't see HiFly being tainted.
 
opticalilyushin
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 9:17 am

Aircraft can change hands several times, so a 'Western' airline can sell to some start-up/paper/shell company in good faith, and then it is sold to another company, and so on, and so forth, along with several reg changes. The original aircraft owner is not to blame, and would be completely unaware of the ultimate intentions, and as mentioned above that is how so many 2nd hand Airbuses got into Iran.

I think there was a similar idea involving some ex-Qantas 747s a few years ago..they were sold to the Middle East, say the UAE, then to some country in Western Africa, and the plan was to then sell to a country like Iran, but the deal fell through, or they were caught.
 
opticalilyushin
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 9:23 am

Or more recently (can't remember the operator or airframes involved), but some used jets were sold to a paper airline based in central Asia, Kazakhstan, i think. They flew through Iranian airspace, when suddenly an emergency was declared and they diverted into Tehran. The staff were already waiting to roll it into the hanger and repaint it.. sanction busting is a tricky but lucrative business!
 
brindabella
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 1:08 pm

Siren wrote:
GalaxyFlyer wrote:
What do you think the US is stupid?


Yes.

As it pertains to IR getting aircraft (seems my substantive factual informational post about how Iranian airlines have gotten around aircraft embargoes has disappeared, I have to retype the whole thing), hypothetically, if TK were to take delivery of the aircraft, then they would need to transfer them to a third party. These third party operations are often set up just for the purposes of transferring these planes. They essentially establish a paper airline, or co-opt a friendly airline.

For example, Mahan Air used Al-Naser in Iraq to 'launder' their entire A340-600 fleet - 7 of them in fact. The A346s are all former VS aircraft that, some went to HiFly after their time with VS, but, they all found their way to "Al Naser"... and with several registration changes on the Iraqi register. Of course it goes without saying that they were never painted in the Al Naser livery. They went straight to Iran and Mahan Airlines.

Mahan also has a number of A340-300s - sourced from various operators, but the common thread is that they are all laundered through a friendly companies that had no intention of actually operating them or a fake shell company established for the purpose of importing the plane before the aircraft touches Iranian soil.

Another significant factor to consider is that the sanctions Iran faces restricts their ability to transfer money and participate in the international economy. As such, getting enough dollars or euros or whatever currency they need to purchase these planes is not easy. There aren't financial institutions that will finance these aircraft - these have to be paid for in cash. As such, that's another contributing factor for the difficulty.

That said, the Iranians have managed to bring in quite a few A340s into the country, and also a good number of A320ceos. I expect they'll be able to get many more A320ceos as the Neos start coming online in greater numbers once the engine production ramp issues are resolved and the planes are hitting their delivery schedules. Given the current political situation they find themselves in, this is the best they can do. Until there is a change of leadership in the United States, there will be no new aircraft sales to Iran from Airbus or Boeing, or anyone else for that matter.


The US is not capable of monitoring every single transaction in the Universe, and never will be.

Nor anyone else (except maybe Google/Facebook!).

So if EG Hi-Fly pulled a smart little deal with a dozen shifty/sleazy middle-men to frustrate an overall sanction, and so make a quick buck - then bully for them.

But it would be beyond stupid to try it again, IMO.

And now that you have blown the whistle on Hi-Fly, I wonder if surveillance might not have been stepped-up.

A lot.

Good move!

:D

cheers
Billy
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 3:27 pm

No one said they can’t buy up old (>10 years) planes, supporting them other than cannibalizing them is another story.

If the US is stupid, apparently our voters are the stupid ones expressing their political opinion, then the same can be said of the voters in the other countries party to the “agreement”. Why are they, in toto, smarter? The agreement would never have passed ratification in the Senate. Why is facially so clear the agreement was good?

GF
 
Galwayman
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 3:36 pm

Iran should just open all it’s air routes , domestic and international , to QR ... Until the hysteria dies down
 
tipsyinmadras
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 3:44 pm

As many have noted, sale and transfer of the aircraft is subject to US Dept. of Commerce EAR trade controls because of the US-sourced content on the aircraft on the Commerec Control List (CCL). They preclude "transshipment" via a third-party such as TK. Regulations require that all parties be aware of the final destination and end use - and if there's any suspicion that it's shady or inaccurate (i.e. a "diversion") - it must be disclosed to appropriate regulatory officials. Playing dumb is not an excuse and can result in hundreds of millions of dollars in fines and possible disbarment from export - no reputable parties are going to take that risk.
 
Tancrede
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 4:32 pm

To be able to sell to Iran, Airbus should start to built airplanes with no US parts. Not a fancy idea I would say.
 
alitis
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 5:16 pm

opticalilyushin wrote:
Or more recently (can't remember the operator or airframes involved), but some used jets were sold to a paper airline based in central Asia, Kazakhstan, i think. They flew through Iranian airspace, when suddenly an emergency was declared and they diverted into Tehran. The staff were already waiting to roll it into the hanger and repaint it.. sanction busting is a tricky but lucrative business!


They were former Olympic Airways A340-300's sold by the Greek govt. There's a photo of the jet already with UP-A4003 (Kazakhstan reg) registration while still in Athens before taking off. But these were already beyond the 10 year limitation.

Details: http://defensenews-alert.blogspot.com/s ... =syrianair
Last edited by alitis on Mon Sep 17, 2018 5:33 pm, edited 2 times in total.
 
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LX015
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Re: Will Iran Air still take delivery of Airbus aircraft?

Mon Sep 17, 2018 5:29 pm

Tancrede wrote:
To be able to sell to Iran, Airbus should start to built airplanes with no US parts. Not a fancy idea I would say.


If it were only so easy...
 
Draken21fx
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Re: Will Iran Air still take delivery of Airbus aircraft?

Wed Sep 26, 2018 5:35 pm

Strange this thread has not been updated with these news:

https://www.cnbc.com/2018/09/25/eu-russia-and-china-join-forces-to-dodge-iran-sanctions.html

I guess business with Iran is quite profitable. Although I do understand how the EU plans to execute the plan my question is if that would affect Airbus' decision.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Wed Sep 26, 2018 6:17 pm

As the article says, US secondary sanctions are still a threat which is why EU-based companies like VW, Total and others are running away from Iran.


GF
 
kaitak
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Re: Will Iran Air still take delivery of Airbus aircraft?

Wed Sep 26, 2018 6:33 pm

Just a quick question on the whole issue of older aircraft; I think that if Iranian carriers acquire 7 (or is it 10?) year old aircraft (or older), then sanctions do not apply. Is that a correct statement, either before or since Donald Trump reimposed sanctions?

That being the case and since there are several A330/340s lying around (for example at Lourdes), why aren't they being taken up by Iranian carriers. And if Iranian carriers are allowed to acquire older aircraft, why the smoke and mirrors relating to these transactions - for example relating to Al Naser and the ex-Virgin A340-600s, as mentioned above.
 
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SOBHI51
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Re: Will Iran Air still take delivery of Airbus aircraft?

Wed Sep 26, 2018 7:44 pm

The important question is how Iran is going to pay for them, with there bad financial situation to the bank sanctions?
I am against any terrorist acts committed under the name of Islam
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 1:01 am

SOBHI51 wrote:
The important question is how Iran is going to pay for them, with there bad financial situation to the bank sanctions?


The EU/RU/CN bypass works by circumventing the banking system (and thus US banks) altogether and uses what is essentially a form of bartering to bypass sanctions on bank transactions to go straight from the EU/RU/CN straight to IR and VV and cut out the middleman. The current US sanctions work as said "middleman" by relying on the prevalence of the dollar in all financial transactions. When EU/RU/CN cut out the middleman, this is no longer a financial transaction but becomes a goods based one. In layman's terms, this basically means that for instance, EU/RU/CN/IR agree on an established metric for goods exchanges and then said goods go straight from IR to EU/RU/CN and VV without an exchange of dollars in the transaction. So if IR exports oil, this oil is not bought in dollars and then sanctioned, the oil goes straight to the EU/RU/CN without any sort of finance involved whatsoever, and in return the EU/RU/CN trade goods that IR needs based on a pre-established trading metric.

There are two main problems with this strategy:

1. Both sides will always have to have a good that the other side needs. To avoid using money, the importing side will always need to have a good that the exporter needs. If IR is exporting oil to the EU/RU/CN, they will have to supply something tangible from their side instead of simply paying money if they don't have what the other side needs; in other words, both sides need goods because a money exchange is not an option. All this said, this won't actually be a problem in practice since the EU/RU/CN will need oil for the foreseeable future and Iran will need plenty of EU/RU/CN goods as well. So there is plenty of stuff both sides need from each other and there will be no shortage of items to trade.

2. The other issue is that one big problem direct money exchanges solve is that it is essentially a pre-determined unit of exchange; without using money, you will have to settle exchange rates for every new pair of goods that are traded. Oil and cars? That's one rate. Caviar and fruits? That's a separate rate. Textiles and electronics? That's yet another rate. You will need a new rate for each pair of goods. It is a time consuming and relatively antiquated process, but it works. With time, many of these pairs will be repeated and since you only have to come up with an exchange rate once, when you do it the second time and up, you just use the previous rate and scale accordingly saving a lot of time the second time around.


Update: It looks like they plan to use an undisclosed form of credit circulated only between EU/RU/CN/IR as currency which would avoid the above problems. Smart.

Sanctions busting is a lucrative business. There are a lot of creative ways of getting around them and this is just one of the tricks of the trade.
Last edited by neomax on Thu Sep 27, 2018 1:20 am, edited 2 times in total.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 1:09 am

Then, come the secondary sanctions when US authorities see Airbus aircraft with US components in Iran. US then shuts off American business with them. Which is still why reputable EU businesses are dropping Iran.

GF
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 1:10 am

GalaxyFlyer wrote:
Then, come the secondary sanctions when US authorities see Airbus aircraft with US components in Iran. US then shuts off American business with them. Which is still why reputable EU businesses are dropping Iran.

GF


Tell that to the EU/RU/CN.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 1:22 am

Then, how come the businesses are leaving Iran?.

GF
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 1:41 am

GalaxyFlyer wrote:
Then, how come the businesses are leaving Iran?.

GF


The EU has announced a blocking statue that penalizes EU businesses with legal action if they comply with US sanctions. When EU companies have to pick between the EU or US sanctions, they will pick the EU.
 
GalaxyFlyer
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 2:04 am

Well then, what will Airbus do when GE doesn’t deliver engines? Because EU companies are not complying with US sanctions, they sell to whoever they want, but if it’s Iran, US law will prevent US companies from dealing with those EU companies doing business in nations under US sanctions. These sanctions and the laws defining them are NOT imposed on the EU, but on the US.

Finally, do EU businesses value Iranian business enough to pay penalties AND risk losing their US markets and suppliers?

GF
 
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neomax
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 2:26 am

GalaxyFlyer wrote:
Well then, what will Airbus do when GE doesn’t deliver engines? Because EU companies are not complying with US sanctions, they sell to whoever they want, but if it’s Iran, US law will prevent US companies from dealing with those EU companies doing business in nations under US sanctions. These sanctions and the laws defining them are NOT imposed on the EU, but on the US.


You might be surprised to learn that the US is not the only country that leases airplanes.

GalaxyFlyer wrote:
Finally, do EU businesses value Iranian business enough to pay penalties AND risk losing their US markets and suppliers?


Looks like it.
 
opticalilyushin
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Re: Will Iran Air still take delivery of Airbus aircraft?

Thu Sep 27, 2018 8:13 am

Trump's bullying tactic already has the other superpowers of the world up in arms, frankly I'd say the EU etc. should call his bluff and trade anyway, because if he does later impose sanctions on Airbus (as an example) for selling second hand/stored planes, Trump will then have all the major airlines in his own country up in arms as they can't fulfil their orders. The already unpopular POTUS will quickly get a whole lot more unpopular!

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Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos