Monday, 19 August 2019 01:05 GMT

Iran to auction its oldest charter airline

(MENAFN - Trend News Agency) Tehran, Iran, Feb.9


Iran is to put Karun Airlines, the oldest charter airline company that located in Ahvaz, for public bidding.

The airline previously known as "Iranian Naft Airline" has issued the auction advertisement to sell 100 percent of its shares, Trend reports citing Mehr News Agency.

The airline fleet includes four Fokker 100 jets with capacity of 100 passengers, four Fokker 50 aircrafts with capacity to transport 50 passengers and one Boeing 737 with capacity to transfer 145 passengers.

The deadline to obtain the auction documents is from February 4 to 18 and the bidding should be submitted in an envelope by February 19. The suggested bidding will be opened in February 20.

The airline is currently a public semi-private company, it first started its work by the name of "Air Service Company" in 1926, and was used for oil exploration purposes in southern parts of Iran. Then, following the change of management, the company became the subsidiary of National Iranian Oil Company with the name of "Iran – Naft Aviation Company ".

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Iran to auction its oldest charter airline

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