Boeing loses $20 billion dollar Iran deal

Boeing C.E.O. Downplays Loss of $20 Billion Contract With Iran
https://www.nytimes.com/2018/05/09/us/politics/boeing-ceo-iran.html


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Why did Trump ditch the Iran deal?

Well there is his ego and need to undo anything Obama did
But there is also the Israel lobby pushing him to wage war against Iran.
Saudis also want Trump to fight their tribal wars like Israel is doing but Saudi could never get the US to fight Iran; they just don't have the influence needed.


So how exactly is Israel an ally and benefit to the US when their manipulation of US MidEast policy ends up costing America jobs, and in the case of Iraq ,it cost Americans over 5K dead, many times that injured and 1 trillion + in expense.

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Soo far Trump is:

Making Israel Great Again
Making Saudi Arabia Great Again
Economy great again
Black employment at an all time high
He helped usher in the end of a 60 plus year war
All you libtards hate his twitter feed, it's simple, unfollow
 
Economy great again
Black employment at an all time high
He helped usher in the end of a 60 plus year war
All you libtards hate his twitter feed, it's simple, unfollow
This must be sarcasm, especially because of the comment on North Korea.
 
israel owns us politics. its over. the us is not an independent country anymore.
 
Trump has fucked Boeing over so hard in recent months. lol. Glad I sold that stock.

The old stock saying of never to invest in airlines/affiliates rings true more often than not.
 
Boeing C.E.O. Downplays Loss of $20 Billion Contract With Iran
https://www.nytimes.com/2018/05/09/us/politics/boeing-ceo-iran.html


--

Why did Trump ditch the Iran deal?

Well there is his ego and need to undo anything Obama did
But there is also the Israel lobby pushing him to wage war against Iran.
Saudis also want Trump to fight their tribal wars like Israel is doing but Saudi could never get the US to fight Iran; they just don't have the influence needed.


So how exactly is Israel an ally and benefit to the US when their manipulation of US MidEast policy ends up costing America jobs, and in the case of Iraq ,it cost Americans over 5K dead, many times that injured and 1 trillion + in expense.

--

Soo far Trump is:

Making Israel Great Again
Making Saudi Arabia Great Again



You are aware there were no purchase orders for those aircrafts, among a host of other issues like where they were going to get the money from?

This was more like an “intention to buy”, that amounted to a bit more than wishful thinking.
 
You are aware there were no purchase orders for those aircrafts, among a host of other issues like where they were going to get the money from?

This was more like an “intention to buy”, that amounted to a bit more than wishful thinking.

Last I heard, they haven't even been able to muster up enough financing to even pay for the downpayment deposits to Airbus and Boeing, despite all the PR noise.

That's the real reason why their "$20 Billion order" isn't considered official by Boeing and doesn't appear anywhere in their financial data, despite what Sherdoggers' personal opinions are.


IranAir CEO says no problems financing plane deals, but couldn't pay deposits
By Parisa Hafezi, John Irish | February 8, 2018

r

IranAir has agreed to buy 80 aircraft from Boeing and 100 from Airbus but only a handful have been delivered amid what bankers describe as a shortage of financing for Iran, due to the reluctance of Western banks to risk U.S penalties.

Industry sources say another key sticking point is that IranAir has been slow to pay deposits, which are needed for Boeing and Airbus to start building new jets.

Sharafbafi confirmed deposits had not been paid, without elaborating.

Industry sources have expressed doubts over whether Boeing planes will be delivered as early as 2018, due to the lead time needed to order parts for the planes involved, long-range 777s.

Former Airbus sales chief John Leahy said in January that its schedule for deliveries to Iran could slip and cited the importance of making downpayments.

Boeing has yet to publish the Iran order officially, a step which the company says it can only take if it has a downpayment.

So far IranAir has received three brand-new Airbus jets originally built for other airlines that could not take delivery, and eight new ATR turboprops.

https://www.reuters.com/article/us-...-problems-financing-plane-deals-idUSKBN1FS1MO
 
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That article does not validate your opinion. It only states that Boeing had not started building the planes , because Boeing had a feeling Trump might scrap the Iran deal, which meant Boeing would lose their deal.

So even the article states that it is because of Trump's stated opposition to the deal and it finally being scuttled that Boeing has lost out. If Trump hadn't pulled out of the deal, Boeing would be building those planes.

Here's more popular media saying Boeing lost the deal because of Trump pulling out of the Iran deal.
So all these media are also wrong?

Boeing, Airbus to lose $39 billion in contracts because of Trump sanctions on Iran.

https://www.washingtonpost.com/busi...ory.html?noredirect=on&utm_term=.53f96f0dc3c4

Boeing’s $20bn Iran contracts frozen by sanctions
https://www.ft.com/content/539b7e24-5318-11e8-b3ee-41e0209208ec


Boeing to lose $20B as Trump withdraws from Iran pact: report
http://thehill.com/homenews/adminis...-20-billion-as-trump-withdraws-from-iran-pact


Trump Administration Orders Boeing To Cancel Deal With Iran





Boeing itself doesn't consider Iran's "order" a real purchase order. That is not an opinion, it's a financial fact.

Get back to me when you can find an article from a credible financial firm that confirms these Iranian airlines even have remotely close to the amount of financing that you all seems to think they have to pay for 180 passenger jets, and prove it by actually putting down the required deposits that Boeing has been waiting for months now.

Until then, I'm incline to agree with Boeing: Iran's "$20 Billion order" with no downpayments to speak of isn't considered a real purchase order.
 
Boeing itself doesn't consider Iran's "order" a real purchase order. That is not an opinion, it's a financial fact.

Get back to me when you can find an article from a credible financial firm that confirms these Iranian airlines even have remotely close to the amount of financing that you all seems to think they have to pay for 180 passenger jets, and prove it by actually putting down the required deposits that Boeing has been waiting for months now.

Until then, I'm incline to agree with Boeing: Iran's "$20 Billion order" with no downpayments to speak of isn't considered a real purchase order.
Re. bolded
Only because they suspected Trump would force them to pull out. So absent Trump's scuttling of the deal, Boeing would have filled the order.

So you think the Financial Times, WaPo , NPR and NYTimes all saying Trump actions scuttled the deal means nothing at all?

Iran isn't poor, they have a large country and population (by MidEast standards) and rich in natural resources. If the West made peace with them, they can be a very profitable nation for the West.
 
You are aware there were no purchase orders for those aircrafts, among a host of other issues like where they were going to get the money from?

This was more like an “intention to buy”, that amounted to a bit more than wishful thinking.
There was the very real intention to purchase, the only reason the deal wasn't finalized is because Boeing believed (rightly so) that Trump would put a stop to the deal. $20 billion not a lot of money for Iran to spend on major purchases like commercial aircraft. They do have lots of fossil fuels and a large nation. They are not small fry like Qatar or Bahrain or Kuwait.
 
Re. bolded
Only because they suspected Trump would force them to pull out. So absent Trump's scuttling of the deal, Boeing would have filled the order.

So you think the Financial Times, WaPo , NPR and NYTimes all saying Trump actions scuttled the deal means nothing at all?

Iran isn't poor, they have a large country and population (by MidEast standards) and rich in natural resources. If the West made peace with them, they can be a very profitable nation for the West.

Who's offering opinions and who's offering real financial facts? o_O

I already gave you the proof - confirmed by both Boeing and IranAir themselves - why this "$20 Billion order" is not considered a REAL purchase order, as far as the business world is concerned.

I asked you to come back to us once you're able to find a single passage from all those articles that you have read that confirms IranAir has in fact finally managed to round up enough financing, and actually paid the required deposits to Airbus and Boeing, finally making it a REAL purchase order in a real business sense, instead of just a worthless letter of intent to buy.

You - for some strange reasons - chose to respond with even more personal opinions about Iran (the country), without a shred of financial evidence to back up your claim that these are REAL purchase orders by IranAir (the airlines), financial evidence that is actually quite easy to come by in a public deal like this, from any of the involved parties (manufacturer, customer, financing banks, insurance underwriters, or any financial analysts familiar with the finalized contract), if such a REAL $20 Billion purchase order exists in real life.

Go find it and prove us (and Boeing's accountants) wrong. Until then, please refrain from quoting the provided facts, because you can't refute them with personal opinions alone.
 
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There was the very real intention to purchase, the only reason the deal wasn't finalized is because Boeing believed (rightly so) that Trump would put a stop to the deal. $20 billion not a lot of money for Iran to spend on major purchases like commercial aircraft. They do have lots of fossil fuels and a large nation. They are not small fry like Qatar or Bahrain or Kuwait.


<TrumpWrong1>

See the post above.
 
<TrumpWrong1>

See the post above.
Let me reiterate and make it short-n-sweet :

Boeing would love to complete the deal and get $20 billion in return
Iran needs to upgrade its fleet , and needs Western technology to do that.
Trump put the brakes on the Boeing deal, costing the company a $20 billion contract.
 
Let me reiterate and make it short-n-sweet :

Boeing would love to complete the deal and get $20 billion in return
Iran needs to upgrade its fleet , and needs Western technology to do that.
Trump put the brakes on the Boeing deal, costing the company a $20 billion contract.
Guess who's buying Airbus stocks?
 
Americans would lose less money if they were doing business with the Nazis instead of going to war.
 
Americans would lose less money if they were doing business with the Nazis instead of going to war.

We did for little, and we lose less money if we stop letting Israel supporters use us to prop up Israel.
 
We did for little, and we lose less money if we stop letting Israel supporters use us to prop up Israel.

Yeah, if you discount possible consequences of alienating huge part of American elites in the process. Which wouldn't happen because of the deal with Iran itself, but by going full anti-Israeli it would be reasonable to expect that many would lose their sense of American patriotism. Many would lose it because of their ethnic background and many others because they would see such America as the incarnation of the devil.
 
I believe he's contending that because Boeing isn't supplying Iran with the 20bn for planes that Boeing will likely benefit because of the increased military tensions in the region and would be supplying weapons to those other countries (Israel, Saudi Arabia) and would more than make up for that loss of revenue.

This is true. Boeing stock isn't at 350$ a share because the 787 still hasn't booked a profit, no one is buying the 777, in anticipation of the 777-X, no one is buying 747's. The 767, and 737 are the only profitable commercial lines right now, and yet Boeing stock has doubled in the last year.
 
You are aware there were no purchase orders for those aircrafts, among a host of other issues like where they were going to get the money from?

This was more like an “intention to buy”, that amounted to a bit more than wishful thinking.

Yeah, and now Airbus is going to be the sole provider to a market that will top 100 billion in the next 10 years.

These sanctions are so stupid, without Europe being on board
 
Airbus be having a party in Hamburg tonight.
 
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