Thursday 10 May 2018

Boeing to lose $20B as Trump withdraws from Iran pact: report

Boeing to lose $20B as Trump withdraws from Iran pact: report

Boeing will reportedly lose billions of dollars in deals with Iranian airline companies after President Trump announced that the U.S. will be withdrawing from the Iran nuclear deal. Boeing is losing a $17 billion contract to deliver 80 aircraft to Iran Air, according to The Washington Post, which added that deliveries were expected to be completed by 2025.
Read more: http://thehill.com/homenews/administration/386849-boeing-losing-20-billion-as-trump-withdraws-from-iran-pact?source=Snapzu

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