Volume. 12228

16 Iranian airlines should be merged due to bankruptcy: deputy minister
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TEHRAN – Sixteen out of eighteen Iranian airlines are in a state of bankruptcy and should be merged, the Iranian deputy transport minister said on Sunday.
Ali Mohammad Nourian added that half of planes of the airlines are grounded. A consortium should be formed to merge the airlines, he said, adding that the main problem of the Iranian aviation industry is the international sanctions. 
Meanwhile, the Civil Aviation Organization of Iran has announced that six new airlines have recently received permission to start operation.
CAO director Hamidreza Pahlavani said that the permissions have been issued within the past month, according to the Mehr News Agency.
Earlier this month, Pahlavani said that the organization will liberalize ticket prices in a bid to encourage domestic airlines to improve services.
He added that the decision will take effect by the next four months.

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