Egypt and Iran signed a memorandum of understanding to resume direct services between Cairo and Tehran (India Times/Arab News, 03-Oct-2010). The agreement provides for 28 times weekly services, but does not specify when flights will resume. Under the agreement, a privately owned company, Egyptian Mission will regulate and organise the weekly trips to Iran. Egyptian Transport Minister Alaa el-Deen Mohamed Fahmy welcomed an Iranian delegation at the Cairo Airport on 03-Oct-2010 which had arrived with aims to expand cooperation on tourism and air transport. A private Egyptian carrier had also recently signed a USD1.4 million deal with Iran's Kish Air to provide air service for the next eight years.
Iran and Egypt sign MoU
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When CAPA – Centre for Aviation held its first conference in Iran at the end of Jan-2016 the atmosphere was primarily one of optimism. Immediately preceding the conference the expectation was that Iran and the West would move to rapidly reverse decades of estrangement. The first round of sanctions against Iran had come down – in line with the historic 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement reached between Iran and the ‘5+1’ powers – and major airlines and aircraft manufacturers were coming to the table.
While it was acknowledged that progress on major deals was not going to happen overnight, the hope was that as layers of sanctions came down, Iran would be embraced by the rest of the world. In return, Iran was expected to open itself up progressively to foreign trade and investment, and to travel.
The road ahead was perceived to be one that was both a very different, and far easier, one than the one Iran had already travelled. Aviation in particular was a sector that was expected to shine and lead the way for a new era for the country.
Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
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Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.