Bombardier in talks to supply new airline in Iran

Bombardier has discussed prospects for a new airline in Iran as companies look to get a share of the country’s largely untapped aviation market after economic sanctions were lifted 3 months ago. Officials from the country’s Qeshm Free Zone held talks with Pierre Beaudoin, executive chairman of Bombardier’s board, on a project to set up an airline for the southern Qeshm island, according to a spokesman for the free zone. The island, located in the Persian Gulf, needs to invest in air transportation as part of plans to boost revenue from tourism, the person said. Qeshm Free Zone officials have held talks with several companies though they are keen to reach an agreement with Bombardier within the next 2 months, said the spokesman. Bombardier has estimated Iran will need about 300 planes over the next decade. <br/>