FIRST AIRED: December 19, 2016

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00:00:01
>> An early Christmas present for Airbus, an order of 100 new planes from Iran. Tehran and western firms are racing to reopen trade almost a year after sanctions were lifted. And the first of the jets could be delivered by January. It's a part of plans to buy or lease 200 planes, renewing Iran Air's decaying fleet.
00:00:21
A deal was recently finalized to by 80 jets from Airbus' US rival, Boeing. But it comes against a backdrop of criticism in both Washington and Tehran, over last year's international sanctions deal. Barack Obama's administration touted the deal as a way to suspend Tehran's suspected drive to develop atomic weapons.
00:00:40
But soon-to-be President Donald Trump has a different view. He's threatened to pull the US out of the pact. The first Airbus A321 could arrive before Trump's January the 20th inauguration. Iran says the deal with Airbus will be spread roughly equally between narrow body jets including the A320 and A321 and wide body jets including the A330 and A350.