Plane spotted in Iran is registered to Utah bank

April 19, 2014 09:43

An airplane that mysteriously ended up in Iran is registered to a Utah bank under an arrangement for aviation ownership that has prompted two warnings from a government watchdog in the past year.

The Bombardier CL-600 became the subject of international intrigue after the New York Times revealed its presence in Iran at Mehrabad Airport in Tehran, along with a picture of the jet, its tail number and a small American flag affixed to the side.

Government officials are not saying how and why the plane traveled to Iran.

Except for some approved activities by the US Department of Treasury, federal regulations generally prohibit economic activity between the US and Iran, according to the US Department of State.

Aviation records show the plane is registered to the Bank of Utah through an arrangement in which the bank serves as a trustee for aircraft owners.

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