Aviation fuel price surges in Iran
The price of aviation fuel has been increased by 350 percent in
Iran, Mehr news agency reported.
The aviation fuel will be sold at the price of 7000 rials (Iran's
official exchange rate is 12,260 rials to the dollar) as of
November 7.
The aviation fuel previously cost 2000 rials.
Iranian airlines increased ticket prices for domestic flights by 65
percent averagely as of November 6, the head of the Association of
Iranian Airlines, Abdolreza Mousavi, said.
For example, Tehran-Kish airplane ticket will be sold at the price
of 1.7 million rials ($138 based on the official rate of US dollar)
while it was previously being sold at one million rials ($81.5),
ISNA news agency reported.
The managing director of the Airtour passenger airline said in
October that the airline has suffered 200 billion rials (some $16
million) loss as the administration will no longer provide the
airline with dollar at reference rate of 12,260 rials. Therefore,
the airline cancelled all its international and tourism flights,
ILNA news agency reported.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!