45440
Tehran, Seoul Expand Direct Flights to 11 Weekly
Economy, Business And Markets

Tehran, Seoul Expand Direct Flights to 11 Weekly

South Korea and Iran have agreed to expand their direct flights between Seoul and Tehran to 11 times a week to help bolster bilateral economic cooperation following the lifting of western sanctions against the Islamic Republic.
The South Korean government made the above statement on Wednesday, Yonhap news agency reported.
The two countries reached an aviation agreement in 1998 to allow South Korean airliners to run four flights of passenger and cargo planes.
Earlier this year, the Seoul government resumed the Seoul-Tehran air route and gave a flight license to Korean Air Lines Company, the country’s largest air carrier.
In an aviation meeting held on Monday and Tuesday, the two countries reached an agreement to increase the number of weekly flights to 11 from the current four to meet rising tourism and business demand for direct flight services, according to South Korean Ministry of Land, Infrastructure and Transportation.
The ministry said it will give additional flight permits to other air carriers, including Asiana Airlines Inc., to ferry passengers and air freight 11 times a week between Incheon, South Korea’s main gateway on the outskirts of Seoul, and Tehran.
“The latest agreement paved the way for more than one South Korean air carrier to offer direct flight services to Iran. We expect it will boost economic and cultural exchange between the two countries,” said the ministry.
The South Korean government decided to open the direct flight route between Seoul and Tehran, which had been closed for decades, as sanctions were removed against Iran earlier this year after the country agreed to limit its nuclear energy program.
Market watchers said an estimated 40,000 passengers will travel by plane every year between the two countries.

 

Short URL : http://goo.gl/2dy2NR
  1. http://goo.gl/Ulr89F
  • http://goo.gl/whs5kn
  • http://goo.gl/CxW1VV
  • http://goo.gl/jJzvQ9
  • http://goo.gl/IqVMQ9

You can also read ...

Iran Receives First Round of Post-Sanctions Finance From European Banks
In what were the first finance deals clinched with cautious...
68% of Non-Oil Exports Headed to 5 Countries
China, Iraq, the UAE, South Korea and India imported 68.7% of...
Indian Bank to Extend $150m for Chabahar Development
Iran is expected “very soon” to approach India’s Exim Bank...
TEDPIX soared by 3,459 points or 4.2% during the sixth month of the year–the highest monthly rise recorded so far this year.
Tehran Stock Exchange’s primary index TEDPIX gained 8,346.3...
Gold Coin Hits 3-Week Low
Gold coin prices are modestly down and hit a three-week low in...
Flat Steel Import Market Cools as Domestic Prices Drop
Import prices for flat steel materials cooled down in Iran in...
51.5% Rise in University Graduates
The findings of the most recent National Population and...
Roads and Urban Development Minister Abbas Akhoundi has...

Trending

Googleplus