Balli Aviation Hit With $2 Million Fine | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** AIRBORNE 05.17.13 Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 05.17.13 **

** AIRBORNE 05.14.13 Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 05.14.13 **

** AIRBORNE 04.01.13 SPECIAL EDITION of Aero-TV-- CLICK HERE! ** HD iPad-Friendly Version -- AIRBORNE 04.01.13 SPECIAL EDITION **

Wed, May 12, 2010

Balli Aviation Hit With $2 Million Fine

Judge Found The Company Conspired To Export 747s To Iran

A federal judge has ordered Balli Aviation, a subsidiary of a firm based in Britain, to pay a $2 million dollar fine after pleading guilty in an aircraft export conspiracy.

Television Station KING in Seattle reports that court papers indicate the company conspired to sell three Boeing 747s to Iran in 2007 and 2008 without obtaining the proper license from the U.S. government. Balli pleaded guilty to the charges in February.

Along with the fine, the company has been placed on probation for five  years.

FMI: www.wawd.uscourts.gov

Advertisement

More News

Aero-News: Quote Of The Day (05.19.13)

"There are a million reasons to pick the C-130J, as the Hercules continues to demonstrate the ability to fulfill any mission at any time. Not only is this milestone a testament to >[...]

ANN FAQ: Have You Tried The ANN News Ticker?

Several years ago, ANN's first web-geek, Al Pike, designed a small "portable" News Ticker that offers current ANN headlines detailing what is happening in the aviation world. It ca>[...]

ANN's Daily Aero-Linx (05.19.13)

Aero Linx: Aerospace Medical Association (AsMA) The Aerospace Medical Association (AsMA) is organized exclusively for charitable, educational, and scientific purposes. It is the la>[...]

ANN's Daily Aero-Term (05.19.13): Direct

Direct Straight line flight between two navigational aids, fixes, points, or any combination thereof. When used by pilots in describing off-airway routes, points defining direct ro>[...]

Raytheon Delivers Electronic Jamming Capability For Gray Eagle UAS

Effort Will Mark First Time Army Has ECM Capability On Unmanned Aircraft Two electronic attack payloads in support of the U.S. Army's Networked Electronic Warfare, Remotely Operate>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2013 Web Development & Design by Pauli Systems, LC