Aircraft
ATR Seeks New Export License for Iran Deliveries
Twelve out of 20 Iran Air ATR 72s still undelivered

ATR has applied for a new export license from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to allow it to resume delivering ATR 72s to Iran Air, the Franco-Italian company confirmed Monday. OFAC recently revoked ATR’s previous license following new sanctions imposed in May by the Trump administration that bar further delivery of commercial airplanes to Iran. Out of an order for 20 ATR 72-600s placed by Iran Air in 2016, ATR has delivered eight. The new sanctions effectively reversed the Obama Administration’s January 2016 settlement with Iran known as the Joint Comprehensive Plan of Action (JCPOA), which lifted earlier sanctions barring the sale of commercial airplanes containing a given proportion of U.S.-made content to Iran in return for the Islamic Republic’s agreement to curb its nuclear ambitions.