Boeing defers Iran deliveries, eases output concerns [Reuters]
Boeing Company (The) (BA)
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Source: Reuters
Boeing defers Iran deliveries, eases output concerns | Reuters 4 Min Read PARIS (Reuters) - Boeing ( BA.N ) has found new homes for jets it hoped to deliver to Iran this year, further clouding the prospect of quick deliveries as U.S. President Donald Trump considers whether to withdraw from a pact to remove nuclear-related sanctions. The head of the U.S. planemaker also signaled on Wednesday that Boeing is no longer as concerned as it once was that a collapse of the deal could force it to cut production of the 777 jetliner, threatening hundreds of jobs, due to a pickup in demand. “We have no Iranian deliveries that are scheduled or part of the (production) skyline this year, so those have been deferred in line with the U.S. government process,” Boeing Chief Executive Dennis Muilenburg said in a conference call. “I can tell you with confidence that we have continued to build risk mitigation into our 777 production plan.” Boeing agreed in December 2016 to sell 80 aircraft to IranAir u
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BA
Earnings
- 1/31/24 - Beat
BA
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/11/24 - Form PX14A6G
- 4/8/24 - Form 3
- BA's page on the SEC website