On July 29, 2016, the U.S. Treasury Office of Foreign Assets Control (OFAC) cleared the runway for non-U.S. operators of civil aircraft to send flights into Iran. New “General License J” authorizes many Boeing, Airbus, and other civil aircraft containing U.S.-origin materials to fly to Iran on “temporary sojourn.” The General License provides a great opportunity for non-U.S. aircraft owners and operators. However, a series of complex conditions may complicate ground handling agreements, damp or dry lease arrangements, code sharing, or other transactions related to providing service to Iran.
Continue Reading Layover in Tehran: United States Authorizes Carriers to Land Civil Aircraft in Iran
Tehran
Flying the Too-Friendly Skies? Europe Opens Routes for Sanctioned Iran Airline
By Reid Whitten & J. Scott Maberry on
Posted in Sanctions
On June 20, 2016, you will be able to take a non-stop flight from Tehran to Paris . . . but you probably shouldn’t.
According to its website, the Iranian airline Mahan Air will add the City of Lights to the list of European destinations it is already serving, including Athens, Copenhagen, and Dusseldorf. What makes the current and proposed Mahan routes interesting to regulatory experts (read: nerds) is that Mahan Air is on the U.S. Treasury’s Specially Designated Nationals (SDN) list. According to the Treasury’s Office of Foreign Assets Control (OFAC), Mahan Air has moved troops and equipment for the Iranian Revolutionary Guard Corps and has provided support and transport to the Assad regime in Syria.…
Continue Reading Flying the Too-Friendly Skies? Europe Opens Routes for Sanctioned Iran Airline
Selling Aircraft to Iran: Are Clear Skies or Turbulence Ahead for Exporters
Posted in Sanctions
Introduction
The announcement of the Joint Comprehensive Plan of Action (JCPOA) has caused enthusiasm in the aviation sector for the envisaged lifting of sanctions against Iran.
Continue Reading Selling Aircraft to Iran: Are Clear Skies or Turbulence Ahead for Exporters