https://www.washingtonpost.com/business ... 04e3034c01
Boeing and Airbus will lose contracts worth roughly $39 billion to replenish Iran’s aging fleet of commercial planes as part of the Trump administration’s reimposition of sanctions.
“The Boeing and Airbus licenses will be revoked,” Treasury Secretary Steven Mnuchin told a group of reporters Tuesday. “The existing licenses will be revoked.”
https://www.reuters.com/article/us-iran ... SKBN1I92Q6
The U.S. Treasury Department, which controls licensing of exports, said the United States would no longer allow the export of commercial passenger aircraft, parts and services to Iran after a 90-day period.
“The Boeing and (Airbus) licenses will be revoked,” Mnuchin told reporters at the Treasury. “Under the original deal, there were waivers for commercial aircraft, parts and services and the existing licenses will be revoked.”
Following the 90-day period ending Aug. 6, the Treasury also said it would revoke a license that allowed U.S. companies to negotiate business deals with Iran. The Boeing license had been valid until September 2020, a person involved in the deal said.
http://money.cnn.com/2018/05/08/news/co ... index.html
One of the biggest incentives Iran had to reach a deal with the U.S. and Europe to end sanctions was getting access to modern commercial aircraft and replacement parts for existing aircraft. The aircraft being used by Iran Air and other airlines there are among the oldest in the air. Iranian officials have said they'd like to buy about 500 passenger jets in coming years, and to resume direct flights to the United States.
https://www.bloomberg.com/news/articles ... rbus-deals
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