OFAC sanctions 36 entities and Individuals supporting Iran’s aviation sector and the procurement networks used to obtain aircraft and sensitive technology

The designations target Iranian airlines alongside front companies, foreign intermediaries and trans-shipment networks operating across multiple jurisdictions. Treasury states that these networks enable Iran to procure U.S.-origin aircraft and technology and support aviation activities used to transport weapons, personnel and other cargo. The action was accompanied by a FinCEN alert intended to help financial institutions identify associated…