Airbus frets over congressional vote on Iran with US$27b deal at stake
Frankfurt
AIRBUS Group SE said it's evaluating the implications of a congressional vote that could block it and Boeing Co from providing jets to Iran, though it hasn't given up on completing a US$27 billion order announced in January.
Airbus will wait to see how the US Senate and President Barack Obama respond to the House decision, Claude Brandes, its vice-president with responsibility for customer finance in the Middle East, said in an interview.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race