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Article on the Boeing Plane deal to Iran
Posted on 12/28/16 at 10:50 am
Posted on 12/28/16 at 10:50 am
LINK
This might be worth posting on the Money Board, but Iran thinks their deal is half the worth. Anxious to hear Boeing's response.
This might be worth posting on the Money Board, but Iran thinks their deal is half the worth. Anxious to hear Boeing's response.
quote:
Iran says it's buying Boeing planes for half the price Boeing's more than $16 billion deal to sell commercial planes to Iran will bring in only half the announced price, Iran's transport minister said according to a Sunday report. “Regarding the style of our order and its options, the purchase contract for 80 Boeing aircraft is worth about 50 percent of the amount," Asghar Fakhrieh Kashan told Iran's official IRNA news agency, the Associated Press reported. ( Puget Sound Business Journal)
Posted on 12/28/16 at 10:53 am to mtheob17
quote:If they normally sell for $100 million per, that does seem about right. Looks like they were marked up 100% then we gave them a buy one get one free coupon.
Iran says it's buying Boeing planes for half the price Boeing's more than $16 billion deal to sell commercial planes to Iran will bring in only half the announced price, Iran's transport minister said according to a Sunday report. “Regarding the style of our order and its options, the purchase contract for 80 Boeing aircraft is worth about 50 percent of the amount," Asghar Fakhrieh Kashan told Iran's official IRNA news agency, the Associated Press reported. ( Puget Sound Business Journal)
Posted on 12/28/16 at 10:59 am to mmcgrath
If they don't like the price they can buy airbus?
Posted on 12/28/16 at 11:01 am to mmcgrath
I guess the fact that they're able to business with Iran at all should be a blessing to the Iranians.
I think you're right on the math though.
I think you're right on the math though.
This post was edited on 12/28/16 at 11:02 am
Posted on 12/28/16 at 11:03 am to mtheob17
Boeing has been used to dealing with Obama and the US Government, thus the overcharge... 
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