Iran, with an educated populace of 80 million, becomes a potentially major aviation force

Following the lifting of nuclear-related sanctions against Iran in Jan-2016 a potentially significant global aviation market was once again reopened to the world, after almost four decades of isolation.

Iran has huge pent-up demand and potential after almost 40 years of isolation from the international community. Despite the isolation, Iran's economy approaches those of Turkey and Spain. The country has a young population with a median age of 28 years, which is active on the internet and social media (despite restrictions), having strong aspirations to travel and engage with the rest of the world.

Soon after sanctions were removed Iran Air placed firm orders for 118 Airbus aircraft and 20 ATRs, with options for a further 20 ATRs. Private airlines are estimated to have an interest in entering into commitments for a further 100 aircraft over the next twelve months. The fact that Iran's airlines have continued to operate and expand during the lengthy period of isolation is testament to the resourcefulness of their people and their commercial and technical skills.

Geographically, Iran enjoys almost the same aviation advantages as the Gulf states; for now, that is where the similarities end. But the potential is self-evident.