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The following article is from the journal entitled `Real Iran` which is published in the Qeshm Free Zone of Iran. Iran and Canada’s Bombardier to create a joint airline on April 24, 2016 | 10:27:43 Iran’s Qeshm free zone and Canadian aircraft manufacturer Bombardier have agreed to create a whole new airline based in the Iranian Qeshm island. The director of the Qeshm free zone Hamid Reza Momeni and Bombardier’s CEO Pierre Beaudoin have reached a deal on Saturday to establish a new airline on the island of Qeshm. Momeni said that the aircraft manufacturer Bombardier, which will finance the purchase of aircraft, has expressed its interest to equip the new regional airline. The Iranian island of Qeshm is located in the strait of Hormuz. Tehran has made a free trade zone to facilitate trade. This has allowed the island to develop on the industrial level. The director of the Qeshm free zone Hamid Reza Momeni and Bombardier’s CEO Pierre Beaudoin have reached a deal to establish a new airline on the island of Qeshm, Saturday, April 23, 2016 A spokesperson for Bombardier, Isabelle Gauthier, indicated that the Iranian market is of great interest to the aircraft manufacturer in quebec. In January, a source told CBC News that Bombardier officials have made two visits to Iran in the past six months to assess the business climate in anticipation of the post-sanctions world. In early February, Canada has eased its sanctions against Iran, saying that Bombardier is allowed to sell planes to Iran, but must ask for permission from the governments in Canada and the United States before exporting one. “If Airbus is able to do it, why (will) Bombardier not be able to do it? In which way (is it) helping Canada, or the Iranian people, or Israel, or anyone, that Canada is hurting its own industry?” Canada’s foreign affairs minister Dion told reporters in January. Asked specifically if Bombardier would be allowed to do business with Iran as soon as sanctions are lifted, Dion said: “Legitimate business, certainly.”
