The United States Office of Foreign Assets Control (OFAC) has imposed sanctions on Ramon Celestino Velasquez Araguayan, the president of Conviasa (Venezuela). Velasquez is among eight individuals targeted as part of broader US actions against key figures in Venezuela.
Two former executives of Thai Airways International, Phrit Bupphakham and Poonsak Chumchuai, have been found guilty by corruption regulators for their involvement in the illegal approval of landing fees. The misconduct resulted in total damages of US$2 million to the airline.
Iraq’s Prime Minister, Mohammed Al-Sudani, has taken decisive action by directing regulators to expedite investigations into documented violations concerning the awarding and execution of contracts tied to Iraqi Airwaysoperations and associated services. This directive underscores the government’s commitment to ensuring accountability and transparency in public-sector dealings.
LOT Polish Airlines (Poland) has introduced a new Supervisory Board as part of its ongoing organizational updates. Agnieszka Trzaskalska has been appointed as the Chairwoman of the Supervisory Board, bringing extensive experience to this pivotal role. Additionally, Anna Wilga-Szczepanik joins the board, further strengthening its leadership team.
