Iran News ...


Iran to buy $1b passenger jets

TEHRAN, Dec. 23 (Mehr News Agency) - Iran's Supreme Council for Management and Economic Planning issued the permit for purchasing passenger aircraft up to one billion dollars.

Airliners are obliged to provide the council with the purchase reports every three months.

Iran's Road and Transportation Minister Mohammad Rahmati had previously announced that there is no limitation for withdrawal from Oil Stabilization Fund (OSF) for the purchase of airlines.

... Payvand News - 12/24/07 ... --

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