New dawn for Iran brings opportunities for airlines, OEMs | Aviation International News

New dawn for Iran brings opportunities for airlines, OEMs

Iran aircraft orders are likely to be held back by a stagnant economy despite lifting of sanctions.

Legacy airliner types, such as this Boeing 747 operated by IranAir, are long overdue for replacement, and Iran’s Civil Aviation Organization is stepping in to help the nation’s airlines overcome barriers to upgrading their fleets.

By Peter Shaw-Smith • Contributor - Middle East

November 5, 2015

Any progress that Iran hopes to make with new aircraft orders is likely take 12 months or even longer, as its economy continues to falter in a low-oil-price environment. Analysts continue to warn that the reduction of sanctions will be a complex, multi-facetted process.

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