Both airlines reinstated the route in the wake of the Obama-era nuclear deal, which lifted economic sanctions on Tehran in return for curbs on its nuclear programme.
Air France will halt flights from Paris to Tehran from September 18 because of “the line’s weak performance,” a spokesman for the airline said.
“As the number of business customers flying to Iran has dropped, the connection is no longer profitable,” he added.
Air France is the French branch of the Franco-Dutch airlines group Air France KLM. KLM, the group’s Dutch arm, already announced it was stopping flights to Tehran in early July.
British Airways, for its part, said it was cancelling its London-Tehran service as “the operation is currently not commercially viable”.
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BA, which is owned by Spanish-registered IAG, said its last outbound flight from London to Tehran will be on September 22, and the return flight on September 23. BA said it was offering refunds or a possible rerouting via other airlines.
Both airlines re-opened the Tehran route in the wake of the international accord between western powers and Iran, under which crippling economic sanctions on Tehran were lifted after its leaders agreed to roll back the scope of the country’s nuclear activities.
The deal was thrown into disarray following Washington’s decision in May to stop all activities in Iran and restore sanctions on the oil-rich nation. Some of the new US sanctions took effect earlier this month.
European leaders, including Britain’s Theresa May and France’s Emmanuel Macron, have been fighting to keep the deal alive, but are struggling to save it from collapse in light of the fresh sanctions.
The airlines’ decision, however, was welcomed by Israel’s Prime Benjamin Netanyahu on Thursday.
“Today, we learned that three major carriers, BA, KLM and Air France have discontinued their activities in Iran. This is good, more should follow, more will follow, because Iran should not be rewarded for its aggression in the region, for its attempts to spread terrorism far and wide…,” he told a news conference during a visit to Lithuania.