Iranian Aseman Airlines in $100-million debt for fuel

Iran Materials 26 February 2013 14:24 (UTC +04:00)

Azerbaijan, Baku, Feb. 26 /Trend S.Isayev, T. Jafarov/

Iranian Aseman Airlines company is in deep debt with some $100 million for the use of fuel, IRNA reported.

CEO of National Iranian Oil Refining and Distribution company Alirza Zeygami said the representatives of the company not only do not pay their debts but also refuse to attend meetings regarding these financial problems.

"If in the near future these debts are not paid, the competitive authorities will be handling this issue," Zeygami said.

Other companies that were mentioned by Zeygami - Mahan and Iran Air also have debts, yet he did not disclose any details.

Zeighami also said that the overall debt of the Iranian companies is some 600-700 million USD, by the official rate.

Fars News agency quoted the head of the association of Iranian airlines, Abdolreza Mousavi on Feb. 25 that Iranian airlines are unable to pay off their fuel debts to the Oil Ministry due to their bad financial position.

Many of the national fleet planes have been grounded due to financial problems, he said, adding that spare parts and components are purchased from second-hand sources with great difficulty.

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