The entire Mahan Air fleet has been sanctioned by OFAC for the company's support of Iran's illegal ballistic missile program in Yemen. Readers who have bank clients in the aviation service industry may wish to review the list of Mahan Air aircraft sanctioned by Treasury, and notify their clients that these air frames cannot be serviced by US entities or individuals. The list appears here.
Wednesday, December 11, 2019
OFAC SANCTIONS ENTIRE MAHAN AIR FLEET - 48 AIRCRAFT - FOR PROVIDING LETHAL IRGC-QF MILITARY AID TO REBELS IN YEMEN
The entire Mahan Air fleet has been sanctioned by OFAC for the company's support of Iran's illegal ballistic missile program in Yemen. Readers who have bank clients in the aviation service industry may wish to review the list of Mahan Air aircraft sanctioned by Treasury, and notify their clients that these air frames cannot be serviced by US entities or individuals. The list appears here.
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