Blackstone and Travelport had a tough year doing business in Iran
Skift Take
Does Blackstone have an ethics policy related to doing business in Iran and other countries with international sanctions? Or is private equity and ethics a contradiction in terms?
It was a tough year doing business in Iran for Travelport and TRW, both affiliates of The Blackstone Group.
Travelport enables travel agents to sell flight tickets for -- and provides e-ticketing services to -- Iran Air, the Iranian flag carrier and an airline that has been tied to support activities for Syrian tyrant Bashar al-Assad.
The Iranian regime, of course, is not a shining light on the hill in its own right.
Travelport also provides tech services to Iran Air Tours, a subs
