Boeing, Airbus to Lose Billions in Orders From Trump’s Iran Sanctions

[Imran Khan]

because it was supposed to be finance by european side ...

sir used ones are not that expensive Iran can pay them cash easily .

 

[Dalit]

Boeing has a US order backlog of 5800 airplanes . I don't think 100 airplanes order loss due to sanctions will affect them.



Boeing claims Iran sanctions won’t affect its production pipeline
Boeing top executive in the Middle East said the company's conservative strategy will protect it from any loss of business with Iran.

Boeing is playing down an estimated loss of $20 billion of sales to Iranian airlines after the U.S. moved to withdraw from a nuclear pact and re-impose sanctions on Tehran. Treasury Secretary Steve Mnuchin announced Wednesday that Boeing licenses to sell aircraft to Iran would be revoked following President decision.





"We mitigated the risk of Iran in our production plans. For 777 and 737 programs, there will be no risk at this time. Beyond that, we are following the lead of the U.S. government and we will consult with them as necessary," he said.


Dunn added that Boeing was a conservative company and that earnings results underlined a risk-averse strategy.


"Anything that happens for us with Iran would have been and will be, an opportunity. Beyond that, we are just going to follow the U.S. government on this."





Workers load a shipment of aid on to a Boeing 747 cargo plane at Schoenefeld Airport on November 13, 2013.

The comments echoed CEO Dennis Muilenburg who said in Washington Wednesday that the company had not committed any production slots for planes to sell to Iran and it would "follow the U.S. government's lead."


Boeing has early agreements with Iranian airlines for 110 planes worth about $20 billion at list prices. This pales with the U.S. firm's wider backlog which at the end of March, sat at about 5,800 airplanes.


The U.S. planemaker announced the largest of its deals with Iranian airlines in December 2016. This included 80 jets for Iran Air, including 50 of the 737 MAX 8 model.


And in April 2017, Iran Aseman Airlines signed an agreement to purchase 30 Boeing 737 MAX planes, with an option to buy 30 more.


Airlines analyst at Seeking Alpha, Dhierin Bechai, said in a note Wednesday that Boeing's deals with Iranian customers have only ever reached a tentative stage.


"It is hard to speak about a loss for Boeing, since no final purchase agreements with Iranian customers were ever drafted and it's really simple, you can't lose any orders if you didn't log any," Bechai said.

Don't pretend like the Iranian order was peanuts.

 

[OldTwilight]

sir used ones are not that expensive Iran can pay them cash easily .

There are so called several parties ...
Current government is run by so called reformist (western wannabe ) which are ready to give their women to western if this can please them ... so they choose to make deal with western companies while others warned them about this kind of things .....
they are in power and they make deal ...

Mahan Air which is IRGC property , did talk to purchase Sukhoi-100 ....

 

[HAIDER]

i was worry in past why Iran is wasting time why not quickly thy got three types of used but fresh aircraft ? why not they start purchasing young less then 5 years old b-777s a-320s and smaller aircraft ? its just wasted opportunity man . i think they still have time quickly select some 50+ b-777 and a-320s for safety of public man . they wasted all these years for dreaming of brand new jets not they can not got even used one .if you search you can find dozens of airlines and leasing companies want to get rid of their fresh b-777s and a320s .

Sir ji eventually they will fly Russian Superjet ....already order 40 Sukoi superjet 100

 

[Papa Dragon]

Iran has been looking at Russian passenger planes for quite a while now and if the western countries backoff, Russians would happily provide their aircrafts and China has recently developed the Comac C919 which could be a potential deal.

 

[TruthHurtz]

just buy russian/chinese planes ffs, airbus uses like 10% american parts and unless they can indigenise that remaining 10% JUST for iran. you guys have no other choice than to look at what other countries are offering, if your quick and commit you may be able to JV some of the airliners being developed in russia/china and attain some degree of domestic manufacturing.

 

[somebozo]

Money gone in mola pocket or in sectarian wars,,,,,,,,,, they tried to bribe USA and Europe with these deals( dame as KSA) but this did not work for them.

the Saudis are far more smarter..

just buy russian/chinese planes ffs, airbus uses like 10% american parts and unless they can indigenise that remaining 10% JUST for iran. you guys have no other choice than to look at what other countries are offering, if your quick and commit you may be able to JV some of the airliners being developed in russia/china and attain some degree of domestic manufacturing.

If Iran pays, it can be done..but then Airbus will still risk to lose American market..what European vendors can do is help Iran buy modernized version of Russian and Chinese airlines like the ARJ / COMAC 616. However, even this is not without western engines and avionics..something really unique will have to be built for Iran composed entirely of Russian, Chinese and non-sanctioned European equipment.

Iran has been looking at Russian passenger planes for quite a while now and if the western countries backoff, Russians would happily provide their aircrafts and China has recently developed the Comac C919 which could be a potential deal.

COmac still has western engines and avionics..Russian planes are an option but they lag behind in technology..

https://en.wikipedia.org/wiki/Irkut_MC-21

https://en.wikipedia.org/wiki/Sukhoi_Superjet_100

Boeing, Airbus to Lose Billions in Orders From Trump’s Iran Sanctions
Boeing and Airbus signed more than $40 billion in combined deals after sanctions were lifted in 2016. These orders now stand to be voided.

All these planes will be up for sale at a discount..and Pakistan should take the opportunity...
Arabs have launched a bunch of budget airlines right before this decision was announced, so some insider trading is at play here..

There are so called several parties ...
Current government is run by so called reformist (western wannabe ) which are ready to give their women to western if this can please them ... so they choose to make deal with western companies while others warned them about this kind of things .....
they are in power and they make deal ...

Mahan Air which is IRGC property , did talk to purchase Sukhoi-100 ....

Iranian women already available in Dubai..and very famous as well!!
Iran is full of poverty, the mullahs at once should think about the nation they rule like an evil empire..

 

[Yongpeng Sun-Tastaufen]

America's loss is Russia and China's gain. But then again, Iran was never going for American planes anyway.

 

[somebozo]

Iranian carriers haven’t said how they will react. Options to source planes from other makers are limited, though, because U.S. parts are incorporated by Brazilian, Canadian, Russian and Chinese plane makers. Plus, none of those manufacturers offer the full range of planes Iranian carriers seek.

Extensive re-working will be required..

America's loss is Russia and China's gain. But then again, Iran was never going for American planes anyway.

Yes and the orders made to Air Bus and Boeing were all ghosts..?? right??

 

[BATMAN]

i was worry in past why Iran is wasting time why not quickly thy got three types of used but fresh aircraft ? why not they start purchasing young less then 5 years old b-777s a-320s and smaller aircraft ? its just wasted opportunity man . i think they still have time quickly select some 50+ b-777 and a-320s for safety of public man . they wasted all these years for dreaming of brand new jets not they can not got even used one .if you search you can find dozens of airlines and leasing companies want to get rid of their fresh b-777s and a320s .

Dude don't worry too much. It was not as simple as you believe.

 

[Indus Pakistan]

Boeing has a US order backlog of 5800 airplanes

would love to ask the Iranians what was wrong with Airbus? Was it the prospect opf being kicked in the teeth the clinch that won Boeing over Airbus???

By ordering Airbus that would have been $40 billion to reinforce the Europeans to stick to the nuke deal - as it is they are not exactly gunning to scrap the nuke deal despite Washington - A giant order with Airbus would have acted as another spoiler in the trans-Atlantic tussle about to be played out. the Europeans will try to stick with nuke deal but if US insist and show no compromise all of the Europeans will follow in line. If Iranians think Europe will fracture their relationship with USA over Iran they are badly mistaken. Ditto India.

Only China and Russia are the wild cards here.

 

[SALMAN F]

i was worry in past why Iran is wasting time why not quickly thy got three types of used but fresh aircraft ? why not they start purchasing young less then 5 years old b-777s a-320s and smaller aircraft ? its just wasted opportunity man . i think they still have time quickly select some 50+ b-777 and a-320s for safety of public man . they wasted all these years for dreaming of brand new jets not they can not got even used one .if you search you can find dozens of airlines and leasing companies want to get rid of their fresh b-777s and a320s .

Is there psychology behind this? Like when the victim starts developing affection for the abuser. Stockholm Syndrome?? This is how Iran is behaving. I bet at the next available chance Iran will go running to US again to buy but promptly get kicked in the teeth. These mullas are truely bayghairat.

On another note. $40 billion. This tells you how determined Trump is and how strong the anti Iran lobby is in USA. Normally Americans won't let a dollar pass but when it comes to hatred of Iran no money is enough to cool it.

Trump care only for money like he said in his presidential campaign we toke down saddam and the Iraqi oil in the hands of china and Iran after spending trillions of dollars

The reason on withrawl from the nuclear deal that is america didn't benefit from the deal like Europe did so he doesn't need to worry about losing 40 billions with iran as long he can milk the Saudis and other gulf.

 

[ChineseTiger1986]

the Saudis are far more smarter..



If Iran pays, it can be done..but then Airbus will still risk to lose American market..what European vendors can do is help Iran buy modernized version of Russian and Chinese airlines like the ARJ / COMAC 616. However, even this is not without western engines and avionics..something really unique will have to be built for Iran composed entirely of Russian, Chinese and non-sanctioned European equipment.

COmac still has western engines and avionics..Russian planes are an option but they lag behind in technology..

https://en.wikipedia.org/wiki/Irkut_MC-21

https://en.wikipedia.org/wiki/Sukhoi_Superjet_100



All these planes will be up for sale at a discount..and Pakistan should take the opportunity...
Arabs have launched a bunch of budget airlines right before this decision was announced, so some insider trading is at play here..



Iranian women already available in Dubai..and very famous as well!!
Iran is full of poverty, the mullahs at once should think about the nation they rule like an evil empire..

The trade war is pushing China to phase out CFM quicker.

China has the CJ-1000 for C919, and the CJ-2000 for CR929.

 

[Papa Dragon]

COmac still has western engines and avionics..Russian planes are an option but they lag behind in technology..

AVIC Commercial Aircraft Engine Co developed the indigenous AECC CJ-1000A engine which was unveiled in 2012. The GE engines could be replaced with this if they really wanted to sell

 

[Imran Khan]

Dude don't worry too much. It was not as simple as you believe.

can you please explain sir? i think it was very easy so many airlines are offering them iran just need to post tender and they will rush .