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 co-operated during the current window for sanctions relief, the head of the airline said.
Seeking to increase sanctions pressure on Iran, the Treasury said it has blacklisted a major Iranian port operator and the country's national airline, Iran Air.
The actions target two key segments of Iran's transport infrastructure
Iran's state-owned airline is considering legal action to force European companies to fuel its planes, official news agency IRNA reported on Saturday.
To comply with European Union sanctions, aimed at pressuring Iran over its nuclear p
The European Union has extended a flight safety ban on Iran Air to exclude more of the carrier's aircraft from EU airspace, the European Commission said on Tuesday.
Two thirds of the Iran Air fleet is now prohibited from flying into th
Iran Air managing director Saeed Hessami said an agreement worth $200 million had been finalised for the purchase of five Tupolev 204s passenger planes from Russia
He said that Tupolev 204s passenger planes are competitive with Airb