Only days after some of the economic sanctions against Iran were lifted in mid-January, the aviation industry discovered a new wonderland. Orders for 500 aircraft in the next five years, 200 deliveries in the next few month—these announcements by the Iranian government sound too good to be true. But are they? Iran, a country of 82 million people, has been an outsider in international air transport for almost four decades. Because of the economic sanctions against Iran, airlines ...

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