Iran Air has concluded a firm contract for 20 ATR 72-600s turboprops, plus 20 options for the same variant. The deal has been under negotiation for more than a year and has been reported as sealed on several occasions. At list prices, the cost of the initial 20 aircraft is $536 million and $1.07 billion if all the options are taken up. An ATR spokesman told ATW April 13 that deliveries would start “within weeks.” Several aircraft have already been painted in Iran Air livery ...

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