By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
  • Aircraft for Sale
Reading: Boeing losing out on $20 billion-dollars with US withdrawal from Iran Nuclear Deal
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
  • Travel
  • Newsletters
  • Aircraft for Sale
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
  • Aircraft for Sale
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Boeing losing out on $20 billion-dollars with US withdrawal from Iran Nuclear Deal

Boeing losing out on $20 billion-dollars with US withdrawal from Iran Nuclear Deal

Jake Smith
Last updated: 5 July 2018 15:23
By Jake Smith
1 Min Read
Share
SHARE

BOEING OUT OF IRAN President Trump’s decision to withdraw from the Iran nuclear deal has put Boeing into the cross hairs of conflict as renewed US sanctions against Iran intensify.

In an effort to show support for and adhere to new policy, David Muilenberg, the chief executive of Boeing emphatically announced that the company, “will continue to follow the U.S. government’s lead.”

Having cancelled an estimated $20 billion-dollar order to supply new aircraft to Iran Air and Iran Aseman Airlines, a spokesperson at Boeing also stated that the company “no longer has a license to sell to Iran at this time, we will not be delivering any aircraft.”

The original memorandum of agreement, signed in 2017 between Boeing and Iran Aseman Airlines, called for thirty Boeing 737 MAX narrow-body jets, with options to buy thirty more. The new sanctions also eliminate the Iran Air agreement with Boeing for the building of fifty 737 passenger jets and thirty 777 wide-body aircraft.

 

©airlinershow

©airways.cz

©Boeing

You Might Also Like

Aeromexico secures financial future with $1.1 billion bond offering
Dubai Airshow 2021: All you need to know
Alitalia: The Latest On The Soon-To-Be Italian Flag Carrier
Air Namibia Cuts Regional Operations
Storm Oaklee Causes Mass Flight Cancellations Across US
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry1
Jake Smith
ByJake Smith
Director of Special Projects - Jake is an experienced aviation journalist and strategic leader, regularly contributing to the commercial aviation section of Travel Radar alongside leading strategy and innovation including livestreaming and our store.
Previous Article New Netherlands Medevac Ops
Next Article Boeing to take over Embraer commercial plane production.
Subscribe
Login
Notify of
guest

guest

0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

private jet, gulfstream IV-SP, in flight
Falsified records lead to StarFlite Air Carrier Certificate revoked
Aircraft Airline Economics Aviation Did You Know
grey, aerial image, airport
Colorado Plane Crash Incident report update from the NTSB
Aviation Incidents & Accidents
Lufthansa aircraft, flying in the grey sky.
European Court of Justice Confirms Airline Cargo Cartel Fines
Airline Economics Airlines Aviation Did You Know
TAAG aircraft on the tarmac, sunset in the background.
Angola to Push Ahead With TAAG Airline Privatisation in 2026
Airline Economics Airlines
Racehorse is loading to the airplane
Inside Aviation’s Quiet Revolution in Special Cargo
Aircraft Airlines Aviation Travel

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

 

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2026 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up