Flightio

TravelArnika (technology group) ›In the registry

Entity IDIR-CO-2229

SectorTravel

Founded2016

HQTehran

VerificationReported

Last reviewed2026-08-18

Flightio is an Iranian online travel agency for booking domestic flights, trains, and hotels. It operates in Iran's competitive OTA market alongside Respina24, MrBilit, and Alibaba. Its website was returning an error at the time of research, so no further operational detail could be verified directly.

Tehran Index tracks this company as part of a source-linked research record on Iran’s technology economy. Access opens to a limited first cohort. Register for access, or browse the registry.

Business model & group

Operating licence suspended by the Civil Aviation Organisation29 November 2025Third-party reported

Licence of the air travel services company Dour Parvaz (Flightio), and the site flightio.ir, suspended for one calendar month for displaying domestic ticket prices above regulated rates, following complaints logged in the passenger rights system. Resumption stated as conditional on full compliance.

Zoomit, reproducing the regulator notice ↗ · retrieved 2026-08-18DATE DISCREPANCY IN THE SOURCE, recorded rather than resolved: the notice is signed 8 Azar 1404 (29 November 2025) but states the suspension runs from 1403/6/20 (11 September 2024). Both dates are as printed. Signed by Reza Sedighi-Far, Director General of the office supervising airports and aviation companies. Named entities: Asoudeh Keyhan Seir and Dour Parvaz. The suspension period is one calendar month and had elapsed on either reading by the retrieval date, so this records an event and not a current trading status. No source confirming formal reinstatement was found. ‖ DESK CHECK 2026-08-18: flightio.ir redirects to flightio.com and the site was observed live and taking bookings for flights, hotels, trains, accommodation and visas, with a phone line and a promotional credit offer. Flightio is trading on the retrieval date. Two earlier page loads returned a render error before a third succeeded, so a single failed load must not be read as a shutdown. The rebrand claim was tested separately: neither flytour.ir nor flytour.com resolves.

Stated grounds for the suspension, second account3 December 2025Third-party reported

Zoomit reported the suspension as following rising user dissatisfaction and failure to meet financial obligations. This is a different account from the first report, which cited the display of domestic fares above regulated rates. Both are recorded.

Zoomit ↗ · retrieved 2026-08-18Persian original: «این تعلیق در پی افزایش نارضایتی کاربران و عدم ایفای تعهدات مالی صورت گرفته است». Described in the same report as a ten-year-old online travel business.

Company statement on the suspension3 December 2025Third-party reported

Flightio attributed the suspension to force majeure rather than management failure, citing four causes: the twelve-day war and airspace closure halting travel for close to forty days, internet disruption preventing refunds and contact with foreign airlines, government support that was promised and never delivered, and hostile media campaigns by competitors and former stakeholders. It undertook to return with stricter standards and to make users whole.

Zoomit ↗ · retrieved 2026-08-18The company's own account of events, recorded as its account and not as established fact. Tehran Index takes no position on the causes and records both the regulator's stated grounds and the company's answer.

Profitability, as stated by a co-founderTenure to December 2022Founder disclosure

A co-founder states that during his tenure Flightio was the only profitable online tourism company in Iran

Sasan Nayeb, co-founder, public LinkedIn post ↗ · retrieved 2026-08-18Persian original: «در همان دوره، فلایتیو تنها شرکت سودده گردشگری آنلاین ایران شد». Recorded as his characterisation of the period he ran, with no figure attached and no filing behind it. He is a party to a dispute with the current majority holder. No profit figure has ever been published for Flightio by anyone.

Leadership

Governance rupture and staff dismissalsMay to June 2024Third-party reported

Intervention by the investing holding was reported to have led to the collective resignation of the chief executive and senior managers, followed by the sudden dismissal of 30 staff at three in the morning. The board then issued a statement claiming 100% sales growth within days of the previous team leaving.

Zoomit ↗ · retrieved 2026-08-18Persian original: «دخالت‌های هلدینگ سرمایه‌گذار (ارنیکا) منجر به استعفای دسته‌جمعی مدیرعامل و مدیران ارشد و سپس اخراج ناگهانی ۳۰ نفر از کارکنان در ساعت ۳ بامداد شد». Recorded because it dates the shareholder conflict to eighteen months before the suspension, which bears on whether the company's force majeure account is complete.

Founders2013 to 2022Founder disclosure

Founded by Ehsan Davoudi, Ali Kashfi and Sasan Nayeb. Nayeb was co-founder, CEO and board member from December 2013 to December 2022, and remains a shareholder.

Sasan Nayeb public LinkedIn profile and post ↗ · retrieved 2026-08-18Persian original: «شرکتی که احسان داوودی، علی کشفی و من آن را تأسیس کردیم». His profile dates the CEO tenure December 2013 to December 2022 and the shareholding from December 2013 to the present. He states that after his exit his name was not removed from some licences and documents, which bears on entity resolution: the suspended licence names Asoudeh Keyhan Seir and Dour Parvaz.

Managers named as running the company after the founder exitFrom 2023Founder disclosure

A co-founder names Mohammad-Amin Rahimipour, Mohsen Mokarrami and Farzaneh Sohrabi among those through whom the majority holder directed the company after his departure

Sasan Nayeb, co-founder, public LinkedIn post ↗ · retrieved 2026-08-18Names recorded because they are stated publicly by a shareholder and are relevant to who ran the company. THE CHARACTERISATION OF THEIR CONDUCT IS NOT RECORDED. Nayeb's post makes allegations about how the company was run and about money taken out of it; those are contested claims by a party to litigation he says is ongoing, and Tehran Index does not publish them.

Board of the operating entityOctober 2025Official record

CEO Mana Motaghi. Chairman Hamidreza Heidari. Vice chairman Morteza Karami. Member Alireza Mokhberi-Nia.

Official corporate registry, via Rasmio ↗ · retrieved 2026-08-18None of the founders sits on the current board. Alireza Mokhberi-Nia is also CEO of Noavari Fanavari Arnika, the company that held the vice chairmanship of this entity in the previous gazette, which is the clearest registry evidence of the group relationship.

Corporate family

Arnika (technology group)

ExcoinoDigital Assets HomsaPropTech

Tracked entities in the same corporate family. Ownership percentages appear in Ownership & capital only when disclosed.

Ownership & capital

Holding companyAs reported 2 December 2025Third-party reported

Flightio and the crypto exchange Excoino are both described as significant companies of Arnika investment holding

Zoomit ↗ · retrieved 2026-08-18Persian original: «فلایتیو و اکسکوینو هر دو از شرکت‌های مهم هلدینگ سرمایه‌گذاری ارنیکا هستند». Trade press attribution, not a registry record. Not independently established against the corporate registry.

Reported liquidity crisis at the holdingAs reported 3 December 2025Third-party reported

Zoomit reported expert assessments that Flightio financial problems may be connected to a liquidity crisis at Arnika, the parent holding, whose name had already been linked to the financial crisis at its crypto exchange subsidiary Excoino

Zoomit ↗ · retrieved 2026-08-18Persian original: «شنیده‌های موثق و تحلیل‌های کارشناسی حاکی از آن است که مشکلات مالی فلایتیو ممکن است بی‌ارتباط با بحران نقدینگی در هلدینگ مادر نباشد». EXPLICITLY UNCONFIRMED: the source itself frames this as credible hearsay and expert analysis, not as established fact, and Tehran Index records it on the same footing. No insolvency proceeding is asserted by the source or by us.

Shareholding, as stated by a co-founderAs stated May 2026Founder disclosure

Amir Taghaddosi, owner of Arnika holding, holds 70%. Co-founder Sasan Nayeb states he continues to hold 24%.

Sasan Nayeb, co-founder, public LinkedIn post ↗ · retrieved 2026-08-18Persian original: «شرکتی که احسان داوودی، علی کشفی و من آن را تأسیس کردیم و همچنان مالک ۲۴٪ از سهام آن هستم» and «امیر تقدسی، مالک هلدینگ ارنیکا و دارنده ۷۰٪ سهام فلایتیو». SELF-DECLARED BY AN INTERESTED PARTY: Nayeb states he is in an active dispute with the majority holder, which does not make the shareholding wrong but does mean it is his account. The two figures sum to 94% and the remainder is unaccounted for. Not yet checked against the corporate registry.

Investment by ArnikaReported 16 May 2021Third-party reported

Arnika holding invested 200 billion toman in Flightio, described as at least 200 billion and increasable to 300 billion toman under the contract

Digiato and Zoomit ↗ · retrieved 2026-08-18Persian original: «هلدینگ ارنیکا ۲۰۰ میلیارد تومان در فلایتیو سرمایه‌گذاری کرد» and «حداقل ۲۰۰ میلیارد تومان ... تا ۳۰۰ میلیارد تومان قابل افزایش». A DISCLOSED TRANSACTION WITH A DATE, which is why it is recorded where the various asserted company valuations are not. Toman as stated, no conversion. Reported independently by Digiato and Zoomit on the same day.

Source ledger, every field, its evidence

Operating licence suspended by the Civil Aviation OrganisationThird-party reported29 November 2025

Zoomit, reproducing the regulator notice ↗ · retrieved 2026-08-18retrieved 2026-08-18

Holding companyThird-party reportedAs reported 2 December 2025

Flightio and the crypto exchange Excoino are both described as significant companies of Arnika investment holding