The carrier -- the low cost arm of national carrier Air India -- was preparing to start Tehran flight this year as part of international expansion plans.
"We don't know what is going to be the policy of the Trump administration towards Iran. If sanctions are re-imposed, there could be an issue in getting permission from the US banks for operating the aircraft in that territory," a highly placed source told PTI.
Since some Air India planes are financed through a loan from Exim Bank of the US, the latter's approval would be required before operating flights to Iran. In case there are sanctions, clearance would be a difficult proposition.
The plan to launch Tehran flight was decided after the US, under the then President Barack Obama, had eased the sanctions imposed on Iran after striking a nuclear deal. However, there are concerns that the current American regime led by President Donald Trump could impose fresh sanctions on the Islamic Republic.
Air India Express was expecting the thrice-a-week Tehran flight to commence from March-April this year.
Currently, the airline flies to 15 international destinations including Dubai, Sharjah, Abu Dhabi, Bahrain, Doha and Singapore. It also has domestic flights.
The carrier has a fleet of 23 Boeing 737 planes.
GoAir has also got approval to start flights to Iran and other overseas destinations.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
