Headlines
UK aircraft parts company director charged with fraudulent trading
Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
The director of UK-based AOG Technics is charged with fraudulent trading, leading to global aircraft groundings. The SFO alleges falsified documentation.
LONDON (Reuters) -Britain's Serious Fraud Office (SFO) on Wednesday said it had charged the director of a airline parts company with fraudulent trading, after planes were briefly grounded worldwide over safety fears.
Jose Alejandro Zamora Yrala is accused of operating UK-based AOG Technics for a fraudulent purpose and will appear at London's Westminster Magistrates' Court on June 2.
The SFO said AOG Technics allegedly defrauded customers, which included airlines, maintenance providers and parts suppliers, from 2019 to 2023 by falsifying documentation relating to aircraft parts' origin, status or condition.
Several planes were grounded in 2023 after regulators issued safety warnings to airlines who had bought or installed parts from AOG.
SFO director Nick Ephgrave said in a statement: "Planes were grounded, and significant disruption was caused, today's charges are the outcome of a focussed and fast paced investigation."
(Reporting by William James and Sam Tobin; Editing by Sachin Ravikumar)
The director of AOG Technics has been charged with fraudulent trading by Britain's Serious Fraud Office.
AOG Technics is accused of defrauding customers by falsifying documentation related to aircraft parts from 2019 to 2023.
Several planes were grounded in 2023 after safety warnings were issued to airlines that had purchased or installed parts from AOG.
The director is scheduled to appear at London's Westminster Magistrates' Court on June 2.
SFO director Nick Ephgrave stated that the charges are the result of a focused and fast-paced investigation that caused significant disruption.
Explore more articles in the Headlines category
