Iran Airports & Air Navigation Company (IAC) signed a contract with the Austrian Aerodata AG for purchasing the second flight checker model King air 350i, World Business Year quoted from Iranian local Media .
The contract is worth €11 million, the Managing Director of IAC Rahmatollah Mahabadi said.
Purchasing the plane directly from its manufacturer, Beechcraft, required the permission of the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, he added.
King air 350i plane is manufactured by Beechcraft Corporation, which is an American manufacturer of general aviation and military aircrafts, ranging from light single- engined aircrafts to twin-engined turboprop transports, and military trainers.
