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