18 July 2015
Tehran - Road and Urban Development Minister announced that renovation plans have already been devised for the country's flag-carrier airliner Iran Air as well as the leading private-sector aviation company Iran Aseman Airlines.

Abbas Akhoundi said the renovation will help Iran regain its previous position as a key aviation hub in the region.

Iran and the Group 5+1 countries (the five permanent members of the Security Council plus Germany) declared an agreement on a Joint Comprehensive Plan of Action (JCPOA) after marathon talks in Vienna ended on July 14.

Based on the JCPOA, some sanctions against Iran will be lifted in return for the country's steps to limit certain aspects of its nuclear energy program. A key part of the sanctions that are to be lifted are those that target Iran's aviation industry.

Iranian officials have said the county will need 400-500 civilian aircraft worth at least $20 billion in the next decade to renovate its aging fleet which has suffered under years of US and European sanctions.

Major aircraft manufacturers such as Boeing and Airbus have already indicated intention to start selling planes to Tehran.

© IRNA 2015