Air Transport

Investors in Iran are reported to be preparing to establish the country’s first low-fare carrier, named Izan Air, which is to 
begin operations in the middle of this year.

According to local reports, the company has been given permission to set up operations by Iran’s civil aviation organisation.

Izan Air’s director general, identified as Hashem Afsarian, is cited in Iranian media as suggesting that the airline would use Boeing 737-300/400s. It would start services with three jets and increase its fleet to five within the first year.

Reports add that the carrier would offer fares about 10% lower than those of other carriers in the country. Izan Air suggests that it would operate to cities such as Tabriz in the north of the country.