Global International Airways

From Wikipedia, the free encyclopedia

Global International Airways, formed in 1981, was an airline company deeply involved in the Iran-Contra scandal. It made many of the shipments of illegal arms. It was financed by a number of unsecured loans totaling $600,000 from the Indian Springs State Bank, at the instigation of Farhad Azima. Global filed for bankruptcy in 1983; its bad loans were a major factor in the closing of Indain Springs a year later in 1984.

[edit] References

• Mark Lombardi: Global Networks. Mark Lombardi, Robert Carleton Hobbs, Judith Richards; Independent Curators, 2003 (published for the travelling exhibition of his work, "Mark Lombardi Global Networks"). ISBN 0-916365-67-0