Page 64 - IRANRptDec21

Mojtaba Moghimi, CEO of IKCO, said that the car would "fill the void in the company inventory and appeal to the growing crossover and small B-segment market", which has taken the region by storm in recent years.
Current price estimates for the crossover range up to Iranian toman (IRT) 400mn ($14,814 at the unofficial exchange rate), but if the local currency depreciates further the model will probably cost more by the time it reaches showrooms in late 2022.
9.2.3 Aviation corporate news
Cyberattack hits Iranian airline linked to Revolutionary Guard
Longstanding plans to privatise Iran Air scrapped
Iran is offering major airlines overflight discounts to boost transit
A group calling itself Hoosyarane-Vatan (Observants of the Fatherland) claimed on November 21 to have staged a cyberattack on Iran’s Mahan Air, citing the carrier’s alleged ties to the Iranian Revolutionary Guard Corps (IRGC).
The private airline confirmed it was disrupted by a cyberattack, Iranian state media reported, with Mahan Air customers around the country apparently receiving text messages from Hoosyarane-Vatan. The airline said it had “thwarted” the attack and that none of its flights were affected, although its website was down. It said it had faced similar breaches in the past.
The United States Treasury Department in 2011 sanctioned Mahan Air. It was designated for "providing financial, material, and technological support for the [IRGC's] elite [expeditionary] Quds Force". The department also accused Mahan Air of transporting weapons and personnel to Lebanon's Hezbollah group.
Iran has lately suffered a string of cyberattacks. In October, an attack on a digital payment system at petrol stations nationwide left Iranian motorists unable to refuel. Prior to that, a cyberattack on the national rail network caused the delay or cancellation of scores of trains across the country. Mahan Air flies from Tehran to a few dozen destinations in Asia, Europe and the Middle East.
Longstanding plans to privatise flag carrier IranAir have reportedly been scrapped over concerns that the airline might be dogged by future financial problems under a non-state owner.
Iran’s Transportation Minister Mohammad Eslami was cited by Press TV as saying that the government decided to remove IranAir from its privatisation list following discussions between ministers that determined there was a risk of insolvency for the carrier after a few years of operations under private ownership.
“This company was available for privatisation for several years. However, the situation was not ripe for such a divestment because what would take place in practice could cause harm,” the minister said.
IranAir, founded just after WWII and known in Iran as Homa, is the largest airline in Iran. It operates both domestic and international routes.
The airline has faced financial difficulties in recent years caused by US sanctions that place new planes and parts out of its reach.
Eslami added that the transportation ministry was working on plans to carry out an overhaul of IranAir’s organisational structure to turn it into a major player in the global aviation industry.
Iran is offering overflight fee discounts to major airlines amid efforts by the government to boost transit income by increasing the number of flights through the country's airspace, Transportation Minister Mohammad Eslami has been cited as saying by Press TV.
64 IRAN Country Report December 2021 www.intellinews.com