Posted on 12/25/2016 11:38:54 AM PST by Brad from Tennessee
Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion.
Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to curb Tehran's nuclear program.
Replacing Iran's antiquated civil aviation fleet is one of the biggest economic opportunities of the 2015 accord to lift sanctions, which was negotiated by the outgoing administration of U.S. President Barack Obama. President elect Donald Trump is a vocal critic of the pact.
Boeing said this month it was cutting production of its 777 long-haul jet due to a drop in demand.
"Boeing has announced that its IranAir contract is worth $16.6 billion. However, considering the nature of our order and its choice possibilities, the purchase contract for 80 Boeing aircraft is worth about 50 percent of that amount," said Deputy Transport Minister Asghar Fakhrieh-Kashan, quoted by Iran's IRNA state news agency.
A Boeing spokesman in Dubai was not available to comment.
Airbus's (AIR.PA) contract to sell 100 jets to IranAir, signed on Thursday, would be worth $18-$20 billion at list prices, but the head of IranAir has been quoted as saying the value of the contract would not exceed $10 billion. . .
(Excerpt) Read more at reuters.com ...
Who paid for the other half?? The American taxpayer??
Why would they brag about this?
crap headline.
Iran says that’s what they are going to pay.
Most of the money is made in after-market support - spare parts, Technical Manuals, field service assistance - most aircraft maintenance and repairs in the Middle East are done by British and American crews.
Half price????????? More like free, obama gave them pallets full of cash and gold for this purchase. Boeing is pals with regime, both obama and iran. Boeing got a sweet deal in Russia via Sos madam pickles.
Good question.
Iran got such a good deal because they paid in cash.
Look beyond the obvious. Iran has imprisoned even more American/Iranians. This is the beginning of the new ransom requests and their first test of Trump. It will end very badly for them.
The Iran deal was spectacularly stupid and naive, and the administration should go down in history as aiding and abetting the jihadist enemy, but how on earth do you get to the conclusion that the american taxpayer is paying for “half” (whatever that turns out to mean) of a foreign order for airliners ?
this, too. it’s just unbelievable that everyone is entirely too happy to take the Iranians word for ANYTHING.
I wouldn’t get too high in my expectations of delivery.
Yup, really dumb. Trump is gonna have a fit.... Good!
I’ll bet Obama strong armed Boeing into offering the price reduction.
This is a perfect example of how much Boeing has been ripping off EVERYBODY.
No airline ever pays list price for a new airliner.
Well they have to have an invasion fleet.
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