Iranian First Vice President, Mohammad Reza Rahimi, reportedly proposed the establishment of a joint venture airline with Turkey to rationalise bilateral trade between Iran and Turkey, forecasting trade will increase from USD11 billion p/a currently, to USD30 billion p/a within the next four to five years (Alternative Airlines, 03-Nov-2009). Turkish Prime Minister, Recep Tayyip Erdogan, reportedly welcomed the proposal. In Mar-2009, Iran and Turkey signed an MoU to increase air, land and sea transport between the countries.
Iran and Turkey plan joint venture airline
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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.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
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.