TEHRAN: Sky-rocketing fuel andticket prices, a drop in passenger traffic andforeign currency shortages, all resulting from global sanctions, have forced Iran's aviation sector into turbulent times. Aviation expertsbelieve that some airlines in the Islamic republic will fail to weather these stormy days and be forced to even shut down. "It is likely ...

By Associated Press TEHRAN, Iran (AP) -- Iranian local airlines have increased their airfares by up to 70 percent amid Western sanctions on the oil and banking system, the official IRNA news agency reported on Tuesday. The report quotes Hamid Reza Pahlevani, head of the country's aviation organization, as saying it authorized airlines to increase ...