Iran Air planning to grow fleet post-sanctions
[DOHA] Iran Air will need at least 100 passenger jets once sanctions against the country are lifted and will find it easier to do business with companies that cooperated during the current window for sanctions relief, the head of the airline said.
However, in the absence of a long-term deal easing the country's economic isolation, Iran's flag carrier will turn instead to Russia and China as alternative suppliers, Farhad Parvaresh, chairman and managing director of Iran Air, said.
The comments, in a rare interview with foreign media on the sidelines of an airline conference this week, come as Iran and six nations prepare to resume negotiations on a final deal aimed at ending a decade-old dispute over Teheran's nuclear programme.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources