Fraudulent Trading Scandal Exposes AOG Technics Director's Guilty Plea

Jose Alejandro Zamora Yrala, director of AOG Technics, admitted to fraudulent trading by falsifying aircraft parts documentation between 2019 and 2023. The case followed global safety warnings due to uncertified parts linked to his company. Regulators and jet engine maker CFM International took legal action upon discovering compromised engine components.

The director of London-headquartered AOG Technics has confessed to fraudulent trading charges, following a two-year investigation that uncovered falsified aircraft parts documentation. This incident had caused temporary global disruptions in air travel over safety concerns tied to the company's operational practices.

Jose Alejandro Zamora Yrala, 37, admitted his role in the fraud scheme involving parts documentation between January 2019 and December 2023. His plea, entered at London's Southwark Crown Court, came after the company faced scrutiny and subsequent warnings from regulators in 2023 about its unreliable parts.

The Serious Fraud Office revealed AOG Technics had misled customers, including airlines and parts suppliers. The company, along with Zamora Yrala, faced lawsuits from CFM International and its co-owners, GE Aerospace and Safran, after investigations showed uncertified parts were being used in CFM56 engines.

(With inputs from agencies.)