Aerostar Asset Management FZC

"The U.S. Department of Commerce's Bureau of Industry and Security (BIS) today added 36 companies and individuals to the Entity List…for engaging in actions contrary to the national security or foreign policy interests of the United States. BIS's Office of Export Enforcement (OEE) conducted investigations that revealed the companies and individuals engaged in a series of actions involving illicit shipments of U.S-origin goods to Iran and prohibited end-users in China…The third group of entities (Aeolian Airlines, Seyyed Abdolreza Mousavi, Eurocenter Havacilik Dis Ticaret Limited Sirketi, Kral Aviation Services Ltd., Kral Aviaton, Asian Aviation Logistics Co., Ltd., Gulnihal Yegane, Pioneer Logistics, Havacilik TurizmYoonetim Danismanlik Ithalat Thracat San. Tic. Ltd., Sti, Thrust Aviation FZE, Aerostar Asset Management FZC, Avistar Havacilik Bilisim Turizm Insaat Sanayi Ve Ticaret Limited Sirketi, Mostafa Oveici, Vertir Airlines, Sawa Air Aviation FZCO, Avia Trust, Khalidee Boolay Surinanda, Kosol Surinanda, Ergin Turker, and Glasgow International Trading) engaged in the development and operation of a procurement scheme which directly supported the operation of Iranian airline Mahan Air. Mahan Air has been on BIS's Denied Persons List since 2008 and was designated as a Specially Designated Global Terrorist by OFAC in 2011." (Bureau of Industry and Security, "Bureau of Industry and Security Adds 36 Parties to Entity List for Actions Involving Illegal Shipments of Goods to Iran and China," 12/12/13)