Financial Tribune - Airline operators convened a meeting with officials from the Iran Civil Aviation Organization on Saturday to try to boost demand in the aviation market by revising the ticket pricing policy following a government decision to deny airlines cheap foreign currency.
During the session, cap rates for flights until the end of summer ...
By Bloomberg
Iran Airincreased the expense of tickets for travel outside the country by as much as 90 percent after a government decision to stop subsidizing jet-fuel prices sent costs at the state-owned carrier soaring.
Prices rose on Nov. 22, the state runIranian Students News Agencysaid, citing guidelines issued to local travel agents. An ...
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 ...