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re: Boeing may lose $20 billion in aircraft deals as Trump to pull US out of Iran nuclear pact
Posted on 5/9/18 at 1:44 pm to MrLSU
Posted on 5/9/18 at 1:44 pm to MrLSU
Boeing's CEO says the Trump administration's plan to abandon the Iran nuclear agreement will not hurt the company's production of 737 passenger jet aircraft.
Reuters reports that the company's CEO, Dennis Muilenburg, made the comments at a luncheon Tuesday and added that none of the jets the Boeing planned to sell to Iran Air under a now-revoked license were in a backlog of orders the company plans to fill.
Treasury Secretary Steve Mnuchin acknowledged the strength of the sanctions in a statement to the Post this week, adding that the measures affected several major industries.
“The Boeing and Airbus licenses will be revoked,” Mnuchin told reporters Tuesday. “The existing licenses will be revoked.” LINK
Reuters reports that the company's CEO, Dennis Muilenburg, made the comments at a luncheon Tuesday and added that none of the jets the Boeing planned to sell to Iran Air under a now-revoked license were in a backlog of orders the company plans to fill.
Treasury Secretary Steve Mnuchin acknowledged the strength of the sanctions in a statement to the Post this week, adding that the measures affected several major industries.
“The Boeing and Airbus licenses will be revoked,” Mnuchin told reporters Tuesday. “The existing licenses will be revoked.” LINK
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