British Airways owes $13M to Iran

Business Materials 13 January 2017 16:31 (UTC +04:00)

Baku, Azerbaijan, Jan. 13

By Emil Ilgar – Trend:

British Airways has a delayed $13-million debt to Iran, accumulated in two years, Mohammad Reza Emami the deputy head of planning, administration and finance department of Ministry of Roads & Urban Development told Mehr Jan.13.

He didn’t mention how British Airways can have a 2-year debt to Iran, while it stopped flying to this country in 2012 due to sanctions on Iran and resumed flights in September 2016.

British Airways made its first flight to Iran in 1946.

After resuming flights to Iran in September 2016, British Airways said it will fly six times a week from London to Tehran. Iran Air will also conduct three flights from Tehran to London every week.

Emami said that in case the British airliner wouldn’t be able to pay off its debts within one month, Iran would review its cooperation with this company.

He also added that foreign airliners always pay their debts to Iran in time and only several of them have a small debts.