Aviation Export News:Balli Aviation and Balli Group announced on Friday that they have also reached a $15 million settlement of a parallel civil action with BIS and OFAC. Balli Aviation and Balli Group also had their export privileges revoked for five years …Read full story

Aviation Export News:According to count one of the information filed with the court, beginning in at least October 2005, through October 2008, Balli Aviation Ltd. conspired to export three Boeing 747 aircraft from the United States to Iran without first …Read full story

Aviation Export News:However, out of the $15 million in civil penalties, $2 million could be waived if Balli Aviation does not violate any rules on export control in future. In the statement by the US Justice Department, Channing Phillips, acting attorney …Read full story

Aviation Export News:Balli Aviation Ltd., a subsidiary of a British company, pleaded guilty Friday in the illegal export of Boeing 747 aircraft to Iran.Read full story

Aviation Export News:To spur economic growth, Obama said, “[W]e need to export more of our goods. Because the more products we make and sell to other countries, the more jobs we support right here in America.” The aviation maintenance industry certainly …Read full story

Aviation Export News:Balli Aviation Ltd., a subsidiary of the United Kingdom-based Balli Group PLC, pleaded guilty today in the US District Court for the District of Columbia to a two-count criminal information in connection with its illegal export of …Read full story