More than half of Iran Air will be sold to private investors by March 19th, the government-owned airline's managing director, Farhad Parvaresh, said on Friday.
Most airlines gave up on the use of T&A to sell flights around the same time bell bottoms went out of style. Moscow-based startup Avianova isn't having any of that noise.
BAE Systems on Thursday announced the sale of its BAE Asset Management regional aircraft leasing company for $187 million to Fortress Investment Group.