Boeing and Airbus Still Expect to Sell Hundreds of Planes to Iran’s Airlines
President Donald Trump’s decision not to re-impose sanctions against Iran is good news for Boeing and its European rival, Airbus, which can continue doing business with Iranian airlines that are desperate for new planes.
Between them, Boeing and Airbus have announced deals with Iranian airlines that, if finalized, could cover nearly 300 planes worth $40 billion.
Still, those numbers pale in comparison to standing orders at both companies. Boeing has a backlog of orders that would take more than eight years to fill even if it never made another sale. Airbus has a similarly long list.
Read full story: skift.com
Posted: 15 Oct 2017 21:28:22