Airlines Stop Iranian Flights Due to Currency Crisis
Western sanctions continue to put the squeeze on Iran's economy
FOREIGN airlines, including Malaysia's AirAsia and Britain's BMI, are ceasing services to Iran amid its mounting economic problems spurred on by Western sanctions.
AirAsia announced it was suspending its four flights a week between Kuala Lumpur and Tehran from next Sunday because of challenging business conditions, notably the "volatility of the Iranian currency".
BMI will halt its flights from Saturday because of its full takeover by British Airways, a spokeswoman for the parent airline said in London, adding that "customers will be offered a full refund".
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?