Risk Level:
unknown %

Status:
Medium Alert – Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.

Info:
A joint venture cargo airline majority-owned (51%) by Beijing Aerospace Satellite Applications Corporation, a wholly-owned subsidiary of China Aerospace Science and Technology Corporation (CASC);

Remaining shares held by Singapore Airlines Cargo and Dahlia Investments, which hold 25 percent and 24 percent, respectively; operates two Boeing 747-400 aircraft;

Former majority shareholder China Great Wall Industry Corporation (CGWIC) was designated by the U.S. Treasury Department on June 13, 2006, for allegedly supplying “Iran’s military and Iranian proliferators with missile-related and dual-use components.”;

Industry:
Aviation Industry

Known As:
Changcheng Hangkong
Great Wall Airlines Company Limited
GWL

Involved In:
Military Weapon Program

Established:
2006

Country:
China

Address:
1600 Century Road, Shanghai 200122, China

Phone:
86-21-6876 2316

E-Mail:
pr@gwairlines.com

Web Site:
www.gwairlines.com

Reason for the color:
» Added to the Specially Designated National (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 15, 2006, blocking its property under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Removed from the SDN list on December 12, 2006 after appealing to OFAC for removal;


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IFMAT Color Guide

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We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.