...

USA may stop Boeing and Airbus jetliner sales to Iran

Business Materials 16 December 2017 05:07 (UTC +04:00)
The Trump administration is advancing a strategy that could derail efforts by Boeing Co. and Airbus SE to sell hundreds of jetliners to Iranian airlines
USA may stop Boeing and Airbus jetliner sales to Iran

The Trump administration is advancing a strategy that could derail efforts by Boeing Co. and Airbus SE to sell hundreds of jetliners to Iranian airlines, US officials said, Wall Street Journal reports.

The two aerospace giants have lined up deals over the past 15 months that have been left in limbo as the White House reassessed its Iran policy and has threatened to walk away from an international nuclear deal if Congress and European partners don’t address concerns, with only a handful of Airbus planes so far delivered.

Any effort to scuttle these deals, by accident or design, could have far-reaching consequences, both for the nuclear accord and the jet makers. Under the 2015 nuclear deal, Iran agreed to curb its nuclear program in exchange for significant sanctions relief, and supporters of the accord fear it would fall apart if Iran doesn’t see the benefits it was promised.

President Donald Trump’s team hasn’t yet presented him with options for addressing the sales, but months of interagency discussions have grown out of administration concerns that Iranian airlines could use the new jets, or old ones, to ferry weapons and military personnel into Syria, the US officials said.

Tags:
Latest

Latest