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
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
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
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

Dutch government to cut the maximum number of flights at Amsterdam Schiphol
Qatar Airways increases flights to Toronto and São Paulo this summer
Aviation Branch of Alitalia had Cost Less than a Coffee
United Airlines: Investment in Next Generation Aircraft Start-Up JetZero
Delta Launches Bid for Direct Cape Town Flight
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

A VietJet Thailand aircraft in the sky with pictures of flight attendants on the plane body.
Vietjet Welcomes New Wide-body Aircraft, Expands Fleet to 121
Aircraft Airline Economics Airlines Aviation
BOEING website
FAA issues $3.1million fine against Boeing for safety violations between 2023-2024
Aircraft Airlines Aviation
Cathay congratulates the Belt and Road Summit on its 10th anniversary
10th Belt and Road Summit, Cathay Congratulates the Hong Kong Government
Airshow & Events Aviation Travel
IndiGo cargo
IndiGo expands its network to Purnea, its 94th domestic destination
Aviation Route Development
Lufthansa Technik's 100th LEAP engine Induction
Lufthansa Technik celebrates its 100th CFM LEAP engine induction
Aviation Manufacturing
//

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. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up