Business

British Airways, Air France halting flights to Iran from subsequent month

LONDON/PARIS (Reuters) – British Airways and Air France stated on Thursday they might halt flights to Iran from September for business causes, months after U.S. President Donald Trump introduced he would re-impose sanctions on Tehran.

FILE PHOTO: British Airways logos are seen on tail fins at Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah McKay/File Photo

British Airways stated it was suspending its London to Tehran service “as the operation is currently not commercially viable”.

BA, which is owned by Spanish-registered IAG, stated its final outbound flight from London to Tehran can be on Sept. 22 and the final inbound flight from Tehran can be on Sept. 23.

Air France will cease flights from Paris to Tehran from Sept. 18 due to “the line’s weak performance,” an airline spokesman stated.

“As the number of business customers flying to Iran has fallen, the connection is not profitable any more,” the spokesman stated.

German airline Lufthansa stated it had no plans to cease flying to Tehran.

“We are closely monitoring the developments … For the time being, Lufthansa will continue to fly to Tehran as scheduled and no changes are envisaged,” it stated in an emailed assertion.

The European Union has tried to maintain a world deal on the Iranian nuclear program alive regardless of Trump’s resolution in May to withdraw the United States from the settlement.

Some new U.S. sanctions on Iran took impact this month.

The EU, which is working to keep up commerce with Tehran, agreed 18 million euros ($20.6 million) in support for Iran on Thursday, together with for the non-public sector, to assist offset the affect of U.S. sanctions.

Despite this, quite a lot of European firms have introduced they’re pulling out of tasks or scrapping funding plans in Iran.

Air France is the French arm of Franco-Dutch airways group Air France KLM. KLM, the group’s Dutch arm, had beforehand introduced it was halting flights to Tehran.

The airways’ resolution was welcomed by Israeli Prime Benjamin Netanyahu on Thursday.

“Today we learned that three major carriers, BA, KLM, and Air France, have discontinued their activities in Iran. That is good, more should follow, more will follow, because Iran should not be rewarded for its aggression in the region, for its attempts to spread terrorism far and wide …,” he instructed a news conference throughout a go to to Lithuania.

The BA route was reinstated within the wake of the 2015 accord between western powers and Iran underneath which most worldwide sanctions on Iran have been lifted in return for curbs on the nation’s nuclear program.

Air France had re-opened the Paris-Tehran route in 2016.

Iran’s ambassador to Britain expressed remorse at BA’s resolution.

“Considering the high demand … the decision by the airline is regrettable,” Hamid Baeidinejad wrote on his official Twitter account.

Reporting by Noor Zainab Hussain in Bengaluru, Costas Pitas in London, Parisa Hafezi in Ankara, Inti Landauro in Paris, Andrius Sytas in Vilnius and Emma Thomasson in Berlin; Editing by Stephen Addison and Adrian Croft

Our Standards:The Thomson Reuters Trust Principles.

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