Boeing loses $20 billion dollar Iran deal

Discussion in 'The War Room' started by MicroBrew, May 15, 2018.

  1. vengeful

    vengeful Blue Belt

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    Stock price isn't just based on a company's profits, there's so many factors into stock price that profit really is a minor one because profit doesn't take into consideration the value of assets like patents that have been developed by a company's R&D department, but the stock market does. Stocks prices also take into consideration expected future results, but profit doesn't. The market is largely expectation driven, some times those expectations turn out to be correct and other times it doesn't. Just look at how Ford consistently makes a profit and Telsa has been consistently losing money but Telsa's market cap is close to 50 billion and Ford's is around 44 billion.

    Airbus can't sell their planes to Iran because it contains American technology and they'd be in violation like ZTE was when they sold to Iran with Qualcomm's chip in them.
     
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  2. VivaRevolution

    VivaRevolution Whoopin' Belt

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    Someone should tell the French and Germans this then, because they are laying the ground work, to do this very thing.

    Seems playing hardball is a two way road huh?
     
  3. Arkain2K

    Arkain2K Si vis pacem, para bellum

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    To celebrate the fact that they're fucked? o_O

    Assuming that Iran Air somehow manage to shore up enough financing for their A330 purchase order, that deal is toasted because the A330 can't fly without American components. And unlike Boeing, Airbus doesn't have billions worth of jet fighters on order from Iran's enemies to benefits from the crumbling nuke deal.

    Seems like a peculiar reason to be throwing a party for.


    Iran Air ordered more than 50 widebodies from Airbus, all of which were included in the plane maker's firm order book. The carrier currently has outstanding orders for eight A330-200s, 28 A330-900neos, and 16 A350-1000s -- all of which will have to be canceled because Airbus planes use a high volume of American-made components.

    Airbus only has one A330 order year to date, which has been offset by six cancellations. As a result, the company announced last month that it would cut A330 production to around 50 units in 2019, down from 60 this year.

    Losing the 36 Iran Air orders will make this bad situation worse. The backlog for current-generation A330s will fall to 78 from 86 at the end of April, while the A330neo order book will fall from 214 units to just 186. More than a third of those remaining A330neo orders are for AirAsia X, which has been waffling on its long-term fleet plans, and another third are for aircraft lessors, which typically prefer to buy the most popular aircraft models. Thus, it is becoming more and more urgent for Airbus to shore up the A330 order book with new deals.
     
    Last edited: May 16, 2018
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  4. VivaRevolution

    VivaRevolution Whoopin' Belt

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    [​IMG]
    THU FEB 1, 2018 / 8:17 AM EST
    France to finance exports to Iran, aims to sidestep U.S. sanctions
    Matthieu Protard and Mathieu Rosemain

    (Reuters) - France will start offering euro-denominated credits to Iranian buyers of its goods later this year, a move to bolster trade while keeping it outside the reach of U.S. sanctions, the head of state-owned investment bank Bpifrance said.

    France and other European countries have been looking to increase trade with Iran since Paris, Washington and other world powers agreed in 2015 to lift many economic sanctions in exchange for controls on Iran's nuclear program.

    The plan is to offer dedicated, euro-denominated export guarantees to Iranian buyers of French goods and services. By structuring the financing through vehicles without any U.S. link, whether to the currency or otherwise, the aim is to avoid the extraterritorial reach of U.S. legislation.

    https://www.google.com/amp/s/mobile...mobile.reuters.com/article/amp/idUSKBN1FL48U3
     
  5. Arkain2K

    Arkain2K Si vis pacem, para bellum

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    Not sure how that will help partially-complete A330s takes to the air without the critical U.S components.
     
  6. VivaRevolution

    VivaRevolution Whoopin' Belt

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    You know Boeing has just as many European components yes?

    I'm all for using leverage in negotiation, but Europe is not the droid your looking for. That cat has claws.
     
  7. 44nutman

    44nutman Red Belt

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    Boeing, needs to follow these other companies lead. Trump is all about that Pay for Play. Send him some money, also his son in law has a billion dollar loan coming due soon, so if Boeing can loan him some money as well, then Trump will get shit done for Boeing.
     
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  8. VivaRevolution

    VivaRevolution Whoopin' Belt

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    That has already been going on. There is a reason that Boeing's last CEO left, to join Trumps economic team.

    20 billion in commercial airplanes is easily compensated with 20 billion in no bid drone contracts.
     
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  9. MicroBrew

    MicroBrew Steel Belt

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    Well that just puts it right out there that many of these elites are Israel firsters then and were never Americans to begin with.
     
  10. ShinkanPo

    ShinkanPo Show me kindness Show me beauty Show me truth

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    Mecca?
     
  11. MicroBrew

    MicroBrew Steel Belt

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    Not sure what you mean.
    Did you mean to say Making Mecca Great Again?
     
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  12. ShinkanPo

    ShinkanPo Show me kindness Show me beauty Show me truth

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    Hahahah
     
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  13. Arkain2K

    Arkain2K Si vis pacem, para bellum

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    Airbus' license to export U.S technology to Iran has been revoked a week ago, and there's STILL no prerequisite downpayment deposits in sight for any of the planes "ordered" by Iran Air as of today, despite all the payment reminders from Airbus over the past half a year.

    It's going to be a very interesting Airbus shareholders meeting this month, though I highly doubt it's going to be a big celebration like some of you expected, for some unknown reasons that can't possibly be related to business. Somebody's birthday party perhaps?

    Any predictions from Sherdog's business analysts as to what Aurbus' announcement would be?


    Iran expects word from Airbus on plane deal soon, but still isn't paying downpayments
    By Parisa Hafezi and Tim Hepher​

    [​IMG]
    An IranAir Airbus A320 aircraft parks after landing at Belgrade's Nikola Tesla Airport, Serbia, March 13, 2018.


    https://mobile.reuters.com/article/amp/idUSKBN1IC0RY
     
    Last edited: May 18, 2018
  14. Arkain2K

    Arkain2K Si vis pacem, para bellum

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    As E.U. Tries to Blunt U.S. Sanctions, European companies stop doing business with Iran
    By Barbara Surk | May 17, 2018


    https://www.nytimes.com/2018/05/17/...iran-sanctions.html?smtyp=cur&smid=tw-nytimes
     
    Last edited: May 18, 2018
  15. Fluffernutter

    Fluffernutter Black Belt

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    Any word if Saudi Arabia will buy another 20 billion bucks worth of Boeing to make up for the loss?
     
  16. Arkain2K

    Arkain2K Si vis pacem, para bellum

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    What loss??
     
  17. Rod1

    Rod1 Titanium Belt

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    Thats still quite disturbing, the US is risking the dominance of the US dollar as the defacto world currency and alienating Europe on security issues. All over what? a deal that the top US military officials said was good for America.

    This is why conspiracy theories exist.
     
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