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Iran cancels operations of eight domestic travel agencies

Business Materials 2 July 2013 12:24 (UTC +04:00)

Azerbaijan, Baku, Jul.2/ Trend F.Karimov/

The Civil Aviation Organisation of Iran has nullified the business licence of eight domestic travel agencies as they have been inactive for several months, the Fars News Agency reported.

Operational licences for Aram Air, Atlas air, Ilam Air, Tehran Air, Pasargad, Safiran, Soha, and Safat travel agencies have been nullified, Fars quoted Civil Aviation Organisation director Hamidreza Pahlavani as saying.

In addition, some other travel agencies have been advised to resume operations, otherwise their licenses will be also invalidated, he noted.

In May, ISNA quoted the head of the association of Iranian airlines, Abdolreza Mousavi, as saying the Iranian civil aviation industry and affiliated airlines are totally in the red and if the current trend continues may face bankruptcy.

Last year domestic airlines increased ticket prices by a maximum 75 per cent in order to resolve their financial problems, but faced a significant fall in the number of passengers, he noted.

In February, the Fars News agency quoted Mousavi, as saying that Iranian airlines are unable to pay off their fuel debts to the Oil Ministry due to their bad financial situation.
With the rising foreign currency exchange rates and fuel prices, the goal of expanding passenger seats will never be realised, he added.

Many national fleet airplanes have been grounded due to financial problems he said, adding that spare parts and components are purchased from second-hand sources with great difficulty.

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