Iran Air Lifts Foreign Fares 90% as Sanctions Push Up Fuel Costs

Iran Air increased the expense of tickets for travel outside the country by as much as 90 percent after a government decision to stop subsidizing jet-fuel prices sent costs at the state-owned carrier soaring.

Prices rose on Nov. 22, the state run Iranian Students News Agency said, citing guidelines issued to local travel agents. An economy seat from Tehran to London now costs 17.6 million rials ($1,430), versus 9 million previously, with a ticket to Dubai priced at 6.1 million rials, up from 3.8 million rials, it said.