GMT 12: 10: 00 2012 althlaeaa 12 June

Iraqi Airways plans to reopen investment

A.v.b.

Baghdad: Iraqi Airways plans to develop their potential and keep pace with global corporations across open investment and rental of modern transport aircraft for passengers, the Transport Ministry said in a statement, said the statement posted on the Ministry's Web site Monday that Iraqi Airways one of the formations of the Ministry of transport, intends to modernize and develop its aircraft fleet through connecting with many global airlines on modern aircraft leasing commensurate with the airline operated by the company. "said the move came after the company's desire to re-establish Flights and openness to different airports of the world. "

The statement stressed that the company will "reopen investment and activation system interoperability with specialized international companies will therefore better services to travellers honored." and would work according to the principle of the company's first investment experience, according to official sources confirmed to AFP, Iraqi Airways is among the oldest airline in the Middle East, and formed in 1938 and became a State institution in 29 January 1946.

The company faced significant challenges in its work because of out of business completely in January 1991 after the invasion of Kuwait but limited activating, as represented by the only domestic flights in August 2000, according to company sources after invading Iraq and in 2003, the company decided to engage in the world and was the first flight in October 2004 to Oman and then to Tehran. airlines contracted with Boeing to buy 55 modern aircraft to receive successively during the coming years.