Air India Express has deferred plan to launch direct flight to Tehran amid uncertainties over the current US administration's stance towards Iran as fresh sanctions could hurt the airline's operations.
The carrier -- the low cost arm of national carrier Air India -- was preparing to start Tehran flight this year as part of international expansion plans.
"We don't know what is going to be the policy of the Trump administration towards Iran. If sanctions are re-imposed, there could be an issue in getting permission from the US banks for operating the aircraft in that territory," a highly placed source told .
As of now, the plan to launch flight to Iran stands deferred, the source said.
Since some Air India planes are financed through a loan from Exim Bank of the US, the latter's approval would be required before operating flights to Iran. In case there are sanctions, clearance would be a difficult proposition.
The plan to launch Tehran flight was decided after the US, under the then President Barack Obama, had eased the sanctions imposed on Iran after striking a nuclear deal. However, there are concerns that the current American regime led by President Donald Trump could impose fresh sanctions on the Islamic Republic.
09/02/17 PTI/The Times Of India
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The carrier -- the low cost arm of national carrier Air India -- was preparing to start Tehran flight this year as part of international expansion plans.
"We don't know what is going to be the policy of the Trump administration towards Iran. If sanctions are re-imposed, there could be an issue in getting permission from the US banks for operating the aircraft in that territory," a highly placed source told .
As of now, the plan to launch flight to Iran stands deferred, the source said.
Since some Air India planes are financed through a loan from Exim Bank of the US, the latter's approval would be required before operating flights to Iran. In case there are sanctions, clearance would be a difficult proposition.
The plan to launch Tehran flight was decided after the US, under the then President Barack Obama, had eased the sanctions imposed on Iran after striking a nuclear deal. However, there are concerns that the current American regime led by President Donald Trump could impose fresh sanctions on the Islamic Republic.
09/02/17 PTI/The Times Of India
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