Iranian airlines owe $467 mln to national oil company
Iranian airlines owe $467 million to National Iranian Oil Products Distribution Company for fuel, IRNA news agency quoted NIOPDC managing director Mostafa Kashkouli as saying.
He referred to Aseman, Mahan, and Homa airlines as the largest debtors to the NIOPDC.
Aseman Airlines Company is the main debtor with some $100 million in debts for the use of fuel, he noted.
In February, CEO of National Iranian Oil Refining and Distribution Company Alirza Zeighami said representatives of the Aseman company not only did not pay their debts, but also refused to attend meetings regarding these financial problems.
"If in the near future these debts are not paid, the competitive authorities will be handling this issue," Zeighami said.
Other companies that were mentioned by Zeighami - Mahan and Iran Air also have debts, yet he did not disclose any details.
Fars news agency quoted the head of the Association of Iranian Airlines, Abdolreza Mousavi on Feb. 25 as saying that Iranian airlines are unable to pay off their fuel debts to the Oil Ministry due to their poor financial position.
Many of the national fleet planes have been grounded due to financial problems, he said, adding that spare parts are purchased from second-hand sources with great difficulty.
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!