The Trump administration's decision last month to withdraw from the 2015 accord known as the Iran nuclear deal will cost Boeing, Airbus, and ATR billions of dollars worth of airliner sales to the Islamic Republic. Although, in a statement, Boeing said it will work with the U.S. government on "the next steps," a pair of conditional contracts calling for the sale of 110 airplanes will become worthless now that the administration announced that it would fully re-impose sanctions at the end of a 90-day "wind-down" period. Continued deliveries from Airbus and ATR, which began last year following issuance of licenses from the U.S. Treasury Department, also stand affected due to the high proportion of U.S. content in their airplanes. In a separate statement to AIN, an Airbus spokesman issued a guarded response. "We're carefully analyzing the announcement and will be evaluating next steps consistent with our internal policies and in full compliance with sanctions and export control regulations," he said. "This might take some time."
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