
Its acronym, Homa (Persian: هما), is derived from two sources: the initial letters of the name in Persian: هواپیمایی ملی ایران Havapeyma'i-ye Melli-ye Iran; and from Homa, a griffin of Persian mythology.
Recent news reports by Press TV claim that the Iranian government plans to privatize Iran Air with its subsidy carrier Iran Air Tours along with the Homa Hotel Group.
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