Airfare Liberalization Gets Going

TIN news: Under legislation officially enacted last week, Iran Civil Aviation Organization decided to deregulate air ticket fares on 170 domestic routes (66% of all routes), while tickets for 87 routes will be sold at prescribed rates. In fact, the organization aounced that all air ticket prices will be liberalized by the end of the current Iranian year (March 19, 2016), as part of the Fifth Five-Year Economic Development Plan (2011-16). This gave rise to public confusion as to the impact of ...