The US Department of Commerce’s Bureau of Industry and Security (BIS) has fined Egyptair $140,000 for leasing aircraft to Sudan Airways, in breach of sanctions against the latter nation. The fine followed an investigation triggered by Egyptair having leased two Boeing 737-500s to Sudan Airways in 2010-11, breaching the US Export Administration Regulations. The lease was effectively a re-export of US airliners, the BIS said. Sudan has been under sanctions since 1997 because of its ...

Subscribe to Access this Entire Article

"US fines Egyptair for Sudanese leases" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.