A member of the committee for development under the parliament of Iran, Mehrdad Lahuti, said that Iran plans to renew its civilian air fleet and spend $5 billion on it, Iran News reports.
$4 billion is needed for the purchase of airplanes and $1 billion for purchasing navigation equipment.
At the moment the average age of the airliners used by Iranian airlines is 22.5 years, which should decreased to 15 years.
Iran to renew civilian air fleet
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