Financial Tribune - Iranian airlines are estimated to have sustained 30,000 billion rials ($187 million) in losses by April 3, as coronavirus has halted flights within the country and abroad. Secretary of the Association of Iranian Airlines Maqsoud Asadi-Samani also said three airlines have grounded their entire fleet, Fars News Agency reported....

Financial Tribune - Preliminary estimates show airlines will suffer losses worth 20 trillion rials ($129.87 million) till April 3the end of the upcoming Norouz holidays Given the fact that the two-week Norouz (Iranian New Year) holidays are the main travel season in Iran, airline, railroad and bus companies will be among the hardest hit by the lack ...

Tasnim Spokesman for Irans Civil Aviation Organization (CAO) Reza Jafarzadeh shrugged off a recent move by the US government to impose new sanctions on Mahan Air and said such embargoes would have no negative effect on the Islamic Republics airlines. The US sanctions against Iran and its airlines are not something new and every now and then, a ...

PressTV - Irans judiciary is to review alleged irregularities in the privatization of a major government-run airline after parliament lawmakers claimed the company had been sold at an exorbitantly cheap price three years ago and that nepotism may have been an issue. The Mehr news agency said in a Thursday report that the judiciary will rule on the ...

Reuters - The United States has issued a fresh warning to airlines to exercise caution when operating in Irans airspace, citing concerns over military activity including an unnamed U.S. civil operator being intercepted by fighter jets in December 2017. The updated guidance from the Federal Aviation Administration to U.S. operators, issued on Sunday ...

Press TV - Iran says it has authorized the creation of 10 new airlines within the next six months in what appears to be part of the countrys aggressive campaign to expand its air mobility infrastructure. Ali Abedzadeh, the head of Civil Aviation Organization of Iran, said the financial supporters of the new airlines were already purchasing ...

IRNA Director for public relations office of Civil Aviation Organization (CAO) Reza Jafarzadeh said on Monday that 48 foreign airlines are presently active in Iran. He said that over past two years many foreign airlines asked to attend Iran's market and there has been a growing trend; 18 airlines have been added to the market and currently 48 foreign ...

Press TV- A new legislation is circulating through US Senate that would require the government to crack down on an Iranian airline company, American media reports say. Mahan Air is the target of the measure which would require the Trump administration to provide Congress with a list of all airports where the commercial carrier has landed, the ...

An Airbus A350 wide-body passenger jet made a symbolic first landing in Iran nearly a month after the manufacturer signed a deal with Tehran to deliver 118 new aircraft, Iranian media reported Saturday. MOSCOW (Sputnik) An Airbus A350 wide-body passenger jet made a symbolic first landing inIran nearly a month afterthe manufacturer signed a ...

The worlds most affordable destination has become too expensive for its residents, claims a report by Mehr News Agency.   Earlier this year, the World Economic Forum named Iran as the most affordable holiday spot among 141 countries studied, but recent events have priced Iranians out of enjoying vacations of choice in their homeland.  ...

Boeing sees a good opportunity for business in Iran, citing its long history in the country and saying it was awaiting a good-ahead from the US government to enter commercial talks with Iranian airlines. Iranian officials have said the countrywouldneed between 400-500 new aircraft worth at least $20 billion to renovate its aging fleet and that initial ...

TEHRAN (FNA)- Iranian Minister of Roads and Urban Development Abbas Akhoundi announced that the country's have equipped their passenger fleet with modern airplanes. "10 new airplanes have joined Iran's air fleet which added a sum of 2,800 seats and reduced the air fleet's age by 1.5 years," Akhoundi said Sunday. Meantime, the Iranian roads ...

[caption id="attachment_28890" align="alignright" width="300"] File photo shows an Iran Air Airbus A300-605R passenger plane.[/caption] Head of Iran Civil Aviation Organization Hamidreza Pahlevani says the Islamic Republic plans to launch two new airlines by the end of the current Iranian calendar year (ends on March 20, 2014). Nineteen airplanes ...

TEHRAN: Sky-rocketing fuel andticket prices, a drop in passenger traffic andforeign currency shortages, all resulting from global sanctions, have forced Iran's aviation sector into turbulent times. Aviation expertsbelieve that some airlines in the Islamic republic will fail to weather these stormy days and be forced to even shut down. "It is likely ...

(Reuters) -AirlinesinIranhave seven days to repay more than $200 million in debts they owe to the oil ministry for fuel or face being grounded, a senior official was quoted as saying on Tuesday. Severalairlineshave amassed large debts due to the pressure of successive fuel price increases and the loss of access to government-subsidised foreign currency ...