Iran News ...


Iran Air shares to go on sale: Minister

TEHRA, Apr. 27 (Mehr News Agency) - Iran's road and transportation minister here on Sunday voiced the ministry's readiness to privatize Iran Air (HOMA) airline.

Talking to MNA, Mohammad Rahmati said that privatization will take place according to the Article 44 of the Constitution.

The Iranian Privatization Organization is the responsible body for offering HOMA's shares in Tehran Stock Exchange, he added.

The official noted Iran Air is a profitable company stating the company operates with over 55 airplanes and owns 44 of them.

He added," This number of airplanes is unprecedented in the company's history. "

Iran Air is the flag carrier airline of Iran, based in Tehran. It operates in 20 scheduled and 5 chartered flights to 35 international and 25 domestic destinations.

... Payvand News - 04/27/08 ... --

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