Boeing to consult with U.S. on 'next steps' after Trump's Iran move

Reuters  |  WASHINGTON 

(Reuters) - Co said on Tuesday it will consult with the on "next steps" following Donald Trump's decision to withdraw from a 2015 international agreement designed to deny the ability to build nuclear weapons.

IranAir has ordered 200 passenger aircraft worth $38.3 billion at list prices, including 100 from , 80 from and 20 from Franco-Italian turboprop maker ATR . All the deals are dependent on U.S. licences because of the heavy use of U.S. parts in commercial planes.

The said the will revoke authorisations for the export of commercial passenger aircraft, parts and services to after a 90-day period.

"As we have throughout this process, we'll continue to follow the U.S. government's lead," said.

Boeing said last month that the has no Iranian deliveries scheduled this year. He said Boeing's 777 production plan "is not dependent on the Iranian orders." Muilenburg is set to address the Economic Club of on Wednesday.

Shares of Boeing fell 0.8 percent to $337.65 after Trump's announcement that the was leaving the nuclear deal and that would reimpose economic sanctions on

European planemaker said on Tuesday it will study Trump's decision, adding that it would take some time.

(Reporting by David Shepardson; Editing by and Paul Simao)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 09 2018. 00:53 IST