Boeing sales to Iran to be blocked - Bloomberg

May 08, 2018 5:36 PM ETThe Boeing Company (BA)BA, EADSY, UALBy: Stephen Alpher, SA News Editor36 Comments
  • Boeing (NYSE:BA) had deals in place for about $20B in jet sales to Iran, but its license for that will be revoked, says Treasury Secretary Mnuchin.
  • Not to worry, Bloomberg is also reporting United (NASDAQ:UAL) as in talks with Boeing and Airbus (OTCPK:EADSY) to replace a fleet of 50 Boeing 767s. It'll be the A330 neo vs. the 787 Dreamliner.
  • Shares are down 0.2% in after hours action.
  • Previously: Iran deal pullout could cost Boeing $20B in lost aircraft deals (May 8)

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