Iran airlines on verge of bankruptcy - expert

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  • Source:
    BBC Monitoring International Reports, November 12, 2011 Middle East, 1pp
  • Additional Information
    • Abstract:
      Text of report by Iranian Labour News Agency (ILNA) website Tehran, 12 November: An aviation industry expert has said: "In case a contract is signed with the Qatari airline, Iran's airlines will become bankrupt." In an interview with ILNA, Mojtaba Qara'iyan criticized signing contract between Iran and the Qatari airline and said: "Iran has adopted a long-term approach when it took some measures in line with signing a contract with the new [Qatari] airline, forgetting the fact that America will impose sanction against the new company too." He referred to sanctions imposed by America against Iran air fleet and said:...