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U.K. Firm Fined For Supplying 747s To Iran
By Graham Warwick [email protected]
WASHINGTON
The aviation arm of U.K. trading company Balli Group has been fined $15 million after pleading guilty to illegally exporting three Boeing 747s to Iran.
London-based Balli is headed by Iranian-born Vahid Alaghband.
Between 2005 and 2008, the U.S. Justice Dept. says, Balli Aviation purchased the U.S.-origin aircraft through its subsidiary Blue Sky Companies with financing from “an Iranian airline” and exported the aircraft to Iran without the required U.S. government licenses.
By Graham Warwick [email protected]
WASHINGTON

London-based Balli is headed by Iranian-born Vahid Alaghband.
Between 2005 and 2008, the U.S. Justice Dept. says, Balli Aviation purchased the U.S.-origin aircraft through its subsidiary Blue Sky Companies with financing from “an Iranian airline” and exported the aircraft to Iran without the required U.S. government licenses.