Boeing's leadership in the Middle East claims that its conservative strategy will protect the company from potential losses caused by American sanctions imposed on Iran.
The American aircraft manufacturer minimizes the impact of losing contracts estimated at 20 billion dollars with Iranian airlines, following the United States' withdrawal from the nuclear agreement and the reintroduction of sanctions.
Bernard Dunn, Boeing's president for the Middle East, stated that the impact on the company's operations will be limited and that there are no risks for the 777 and 737 programs.
Boeing has signed preliminary agreements for approximately 110 aircraft with Iranian companies, but these contracts have not been finalized.
Analyst Dhierin Bechai emphasizes that there are no real losses for Boeing, as no final contracts have been signed with Iranian customers.
Sources
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