World Bulletin / News Desk

Iran is to take possession of the first aircraft this week in a huge order from Airbus placed after the lifting of international sanctions, state carrier Iran Air said Sunday.

"We hope to take delivery between now and the end of the week."

Iran Air completed the huge deal for 100 Airbus planes with a list price of around $20 billion (19 billion euros) on December 22.

Iran had committed to the agreement during a visit to Paris by President Hassan Rouhani last January shortly after international sanctions were lifted under a landmark nuclear deal between Iran and world powers.

But it required approval from Washington as some parts are manufactured in the United States.

The jets will bolster Iran's ageing passenger fleet with the addition of 46 A320 planes for medium-haul routes, 38 long-haul A330s and 16 A350s.

In another deal last month, Iran Air finalised an order for 80 planes from Airbus's US competitor Boeing.

Boeing said that contract -- Iran's first deal with a US aviation firm since the 1979 Islamic revolution -- was worth $16.6 billion.