Aviation & Airports
Iran’s flag carrier Iran Air, also known as ‘Homa’, has increased the number of weekly flights from Tehran to Istanbul in Turkey from four to seven, the Ministry of Roads and Urban Development's news service reported.
The flights will be operated on all weekdays.
Tehran-Istanbul flights will leave Tehran at 12:55 and land at 15:55 local time in Istanbul.
Return flights will leave Istanbul at 16:40 local time and land at 20:15 in Tehran's Imam Khomeini International Airport.
Iran’s Transport and Urban Development Ministry signed a memorandum of understanding (MOU) with the Vice-Presidency for Science and Technology for cooperation in the fields of road transportation and aviation.
Iran’s National Airline (Iran Air) has reported a surge in operating profits for the past Iranian calendar year (ended in March 2019) despite a surge in aviation costs resulted from the U.S. sanctions on the country.
Iranian trucks transited 9.08 million tons of commodities through the country during the last Iranian year (March 2018-19) to register a 2.18% decline compared with the previous year, according to latest data released by the Road Maintenance and Transportation Organization of Iran, affiliated with the Ministry of Roads and Urban Development.
Iran’s energy officials said the capacity for electricity production from the renewable sources would increase by five times to reach a target of 4,000 megawatts (MW) in the summer of 2021 when the current administrative government leaves office.
A number of aluminium companies and steelmakers along with other suppliers recently filed separate complaints against four largest railroad companies in the United States. They alleged that the railroad companies in the United States conspired to raise prices and overcharge customers billions of money for freight services over a period of five years. They did this under the guise of fuel cost recovery program.
Numerous entrepreneurs and experts exchanged views in Nuremberg last week at the 2nd Silk Road Congress and discussed new opportunities.