Aviation is only one part of the renewed engagement between Iran and the global community but represents a significant opportunity for the companies involved. As is to be expected with aviation, the indirect benefits are multiplied as aviation growth supports economic growth by facilitating business, trade and tourism.
CAPA has issued a free 23-page report covering the key data relating to Iran’s prospects. Much discussion of Iran’s aviation development has focused on replacing older aircraft. This is sorely needed. However, with the aggressive fleet induction time frames given by Iran, clearly Iran’s airlines will grow, making up for lost opportunities and seizing new ones from the economic growth that will result from the lifting of sanctions. This will have implications for the foreign airlines serving Iran that have carved lucrative niches, with handsome yields.