Germany Plans to Sanction Iran's Mahan Air
Germany plans to ban Iranian airline Mahan Air from its airports, media reports said on Monday, in an escalation of sanctions adopted by the European Union against Iran.
"The Federal Aviation Office will this week suspend the operating license of Iranian airline Mahan," reported Munich-based daily Sueddeutsche Zeitung.
A foreign ministry spokesman told the paper in Berlin that it "does not inform about internal political decision-making processes".
Mahan, Iran's second-largest carrier after Iran Air, flies four services a week between Tehran and the German cities of Duesseldorf and Munich.
The EU earlier this month targeted sanctions at Iran's security services for their alleged involvement in a series of attacks in the Netherlands, Denmark and France. Iran denies the allegation.
Brussels' measures included freezing funds and financial assets belonging to Iran's Intelligence Ministry and individual officials, but did not target any companies.
By contrast, Mahan Air was blacklisted by the US in 2011, as Washington accused the carrier of providing technical and material support to an elite unit of Iran's Revolutionary Guards known as the Quds Force.
The US Treasury Department has threatened sanctions against countries and companies offering landing rights or services such as on-board dining to the airline's 31 aircraft.
German firms have come under intense pressure from American ambassador in Berlin, Richard Grenell, a close ally of US President Donald Trump, over sanctions against Iran.
Rail operator Deutsche Bahn, Deutsche Telekom, Mercedes-Benz parent Daimler and industrial group Siemens have all said they will stop their operations in the country.
Last week, German authorities said they arrested a German-Afghan military advisor on suspicion of spying for Iran.
source: Financial Tribune
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
