Airlines Queue Up as Iran Sanctions Lifted | Aviation International News

Airlines Queue Up as Iran Sanctions Lifted

Airbus, Boeing to vie for some $20 billion in business

Suffering from an old fleet and increased competition, Iran Air has seen its market share fall from 68 percent in 2000 to 22 percent last year.

By Ian Sheppard

January 19, 2016

Following the United Nations nuclear inspection breakthrough at the end of last week that cleared the way for lifting of sanctions on Iran, the country’s air transport industry appears poised to enter a period of modernization and growth. However, no clear picture has materialized over which manufacturers will emerge winners and losers, and when deliveries of new aircraft could start.

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