Sanctioned AirBridgeCargo announces $167m losses for 2022
News that Cargolux recorded yet another record profit, $1.6bn, must be devastating for AirBridgeCargo, once ...
The latest name in the growing list of casualties of the re-imposed US sanctions on Iran is its first privately owned airline, Mahan Air, which has now seen Germany close its airports to it. According to this report by Air Transport World, the US originally placed Mahan Air on its sanctions list in 2011 and has been lobbying other governments to follow suit. However, it appears Germany took this decision on its own. “It cannot be ruled out that this airline could also transport cargo to Germany that threatens our security. This is based on knowledge of past terrorist activities by Iran in Europe,” a government spokesperson said.
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