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Kish Air History Kish Air was founded on Dec.16.1989. To start its passenger operations after receiving temporary operations permit, the Company leased 2 aircraft (one TU-134 and one AN-24 ) from Bulgaria Airlines on wet lease basis. Kish Air received its Air Operator Certificate (AOC) in the year of 1990 after demonstrating its competence to Civil Aviation Authorities, during its first year of operations, thus becoming the first private company to receive its AOC from Civil Aviation of IR. of Iran. At this time the company began wet leasing 3 TU-154Ms from Russian Leasing Companies returning back the Bulgarian TU-134 and AN-24 aircraft. The company also wet leased 2 Yak-42D aircraft from Russia. Towards the end of Year 1992 the company was at the verge of bankruptcy, and it was at this time when the Managing Director and most of the key Managers were replaced by a new professional team of Managers most of which are still running the company successfully today. In1999 Kish Air having enough financial strength, decided to replace its wet leased fleets with dry leased and purchased aircraft, and within one year period was able to operate 2dry leased and one purchased TU-154 aircraft, and hire and train the required air crew and maintenance personnel.
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