US House votes to block civilian aircraft sales to Iran, threatening Boeing deal

posted by
July 11, 2016    
Posted in News

"In a move that threatens to cost major US airplane manufacturer Boeing $25 billion, the House of Representatives has tacked an amendment on to their latest spending bill which would ban all civilian aircraft sales to Iran under any circumstances. ... This would not only block Boeing's $25 billion sales, but European maker Airbus, whose planes include some American-made parts and subsequently need a US OFAC license as well. In effect, this would forbid Iran from buying any planes for their effort to modernize a dangerously outdated civilian fleet." [editor's note: Boeing should start putting a clause in its aircraft sales contracts requiring airlines to check a blacklist and deny boarding of Boeing-made aircraft to congresscritters who support bills like this - TLK] (07/10/16)  

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