The U.S. Treasury Department last month approved airplane sales to Iran for both Boeing and Airbus, issuing both licenses to do business with Iran Air.
The landmark move comes after the United States lifted some sanctions against Iran as part of the 2015 nuclear deal between the United States, Iran and five other countries.
Earlier this year, Boeing signed a memorandum of agreement with Iran Air for the sale of 80 planes. Now with the treasury license, Boeing can complete those sales. Airbus plans to deliver 118 planes — A320s and A330s — to Iran Air as part of an agreement reached in January. Approval for that sale is expected soon.
The Treasury Department approvals were not without contention. Two measures passed by House Republicans in July sought to prevent any Boeing sales to Iran Air, citing concerns Iran could use the planes for the transport of military cargo.
“These licenses contain strict conditions to ensure that the planes will be used exclusively for commercial passenger use and cannot be resold or transferred to a designated entity,” a Treasury spokesperson said in an email to Travel Weekly.
Mandarin Oriental Hotel Group announced plans to take over an existing hotel in Switzerland. The property is undergoing extensive renovations in preparation to open at the end of next year as Mandarin Oriental Palace, Luzern. The property was previously Hotel Palace Luzern, on the shores of Lake Lucerne and in the heart of the city; it originally opened in 1906.
Thessaloniki is the second-largest city of Greece and the most important center of the area. Built near the sea, elegant and refined, the Greek “Lady of the North” is a modern, vivacious city that welcomes visitors eager to learn about its history and culture, and at the same time have fun, relax, go shopping or simply explore the cityscape by the sea.
As part of Germany’s climate package, a plan to reduce emissions, the country will raise departure taxes at German airports. Taxes will go up as much as 60 percent, and are expected to raise up to €740 million. The funds will then be used to lower VAT on rail fares from 19 percent to 7 percent.
United Airlines announces a number of new routes.
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United Airlines’ environmentally friendly efforts lessen the impact on local U.S. communities.