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09.09.26 - 17:12
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US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights (ZeroHedge)
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US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights
As part of the latest in the Trump-Bessent "asphyxiation of this regime" approach to Iran after six months of military action failed to accomplish most White House aims, the Trump administration on Tuesday announced it is sanctioning all Iranian airlines in a massive aviation crackdown.
The Treasury statement listed 27 Iranian air carriers and nine entities as part of an effort to deny the Iranian government the ability to move "weapons, personnel, and illicit cargo".
via IRNA
"Let this be a warning to anyone doing business with Iran's remaining airlines, all of which we sanctioned today: You are at risk of being cut off from the global financial system," Bessent said.
On the list is Ava Airlines, Fly Persia, and Mehr Airways - and others, after the US first sanctioned Mahan Air in 2011, which was the first such instance of Washington sanctioning an Iranian commercial a...
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09.09.26 - 08:30
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Nats boss to meet UK transport secretary as second day of flight chaos takes cancellations past 1,300 – business live (The Guardian)
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Technical issue at air traffic control provider Nats grounds flights to and from UK airports for second dayGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The boss of the air traffic control provider Nats has been summoned by the UK transport secretary, as flight chaos carried on into a second day after a system issue, with after more than 1,300 flights cancelled to and from UK airports.I am the CEO of a piece of critical infrastructure, so it is my job to take responsibility for that.What I absolutely take responsibility for is keeping people safe and delivering the best service we possibly can on a day like today.This has been a very complex recovery and has created difficulties for the whole aviation network, from which it will take time to recover. Continue reading......
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08.09.26 - 20:01
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US issues sweeping sanctions against Iranian airlines, foreign businesses (The Hill)
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The Trump administration on Tuesday announced new sanctions against all of Iran's airlines and nearly a dozen foreign companies doing business with Iran's Mahan Air, which had earlier been sanctioned for its ties to the Islamic Revolutionary Guard Corps (IRGC). The sanctions are part of Operation Economic Outcast, a financial pressure campaign that the administration......
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