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British Airways to Suspend Flights Between London and Tehran

British Airways said in a statement on Thursday (23) that it has decided to suspend its flights between London and Tehran, the capital city of Iran as the service is financially not viable.

British Airways said its last outbound flight service from London to Tehran is scheduled for September 22, while the last inbound flight from Tehran will be on September 23.


The flights between the two capital cities resumed after an accord between western countries and Iran in 2015 under which most international sanctions imposed were lifted in return to curbs on country’s nuclear programme.

The airline clarified in a statement that the flight service between two countries is not commercially viable which forced it to suspend the service.

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Metro Bank is exploring a sale three years after a £925m rescue deal brought Colombian billionaire Jaime Gilinski Bacal in as its majority shareholder

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Three years after its £925m rescue, Metro Bank is looking for a buyer

  • Metro Bank has invited potential buyers to consider a takeover, although it says no active negotiations are under way
  • Majority shareholder Jaime Gilinski Bacal could make an estimated £427m paper gain on his investment
  • The lender has returned to profitability after cutting costs, reducing its workforce and shifting towards specialist lending

Metro Bank is looking for a buyer three years after a £925m rescue deal, opening the possibility of a lucrative exit for Colombian billionaire Jaime Gilinski Bacal, whose investment has risen sharply in value during the lender's turnaround.

The London-based bank announced on November 12 that it had begun a formal sale process as part of a wider strategic review. Its shares rose by around 7 per cent following the announcement, valuing the business at approximately £1.3bn during Thursday's trading.

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