Lufthansa Eyes Setting Up Overhaul Facility in Iran
TEHRAN (Tasnim) – Lufthansa Technik, the maintenance division of the German airline, said it plans to set up an overhaul facility in Iran as soon as anti-Tehran sanctions are lifted off in the wake of the recent nuclear deal between the Islamic Republic and world powers.
“We are open to it (overhaul facility). If the government or airline wants support in the build-up phase, we will do that. If they want a partner to join them, then we can think about that,” Johannes Bussman, Lufthansa Technik’s chief executive, told the Gulf News at the Dubai Airshow 2015 on Sunday.
He added that the German company is in talks with airlines in Iran, declining to give more details.
“Iran has a big population and it definitely needs hundreds of aircraft for transport... I’m very sure that there will be strong growth for aviation with all the players in the supply chain,” he further said.
Following the recent nuclear deal between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany), foreign business executives and financial bodies are shuttling to Iran to lay the groundwork for investment and trade.
The comprehensive nuclear deal would terminate all nuclear-related sanctions imposed on Iran after coming into force.