Video- Airbus Will Continue on Iran’s Deal against Trump’s Warnings
Racing with Boeing for business in post-sanctions Iran, Airbus is making the symbolic move of delivering the jet, the first of 100 planes planned in an Airbus deal worth more than 18 billion US dollars at list prices.
Iran’s flag carrier signed a similar deal with Boeing, for 80 jetliners that won’t start arriving until 2018.
Fabrice Bregier, president of Airbus commercial planes, said that Airbus would continue work on the Iran planes despite concerns that US President-elect Donald Trump could threaten the international nuclear agreement that paved the way for the aircraft contracts.
Airbus also shrugged off concerns of protectionist measures threatened by Trump, noting that it’s manufacturing in the US now too – and delivered its first US-assembled plane last year, an A321 made in Mobile, Alabama.