Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

jmowreader

(50,559 posts)
Mon Jan 30, 2017, 04:49 PM Jan 2017

Trump immigration ban puts $20 billion in Boeing aircraft sales at risk

http://seekingalpha.com/news/3238812-trump-travel-ban-puts-20b-boeing-aircraft-sales-risk-analyst-says?uprof=45&dr=1#email_link

http://www.cnbc.com/2017/01/30/trump-immigration-ban-puts-20-billion-in-boeing-aircraft-sales-to-iran-iraq-at-risk.html

Around $20 billion worth of Boeing commercial aircraft orders to foreign countries could be at risk due to President Donald Trump's immigration action targeting countries such as Iran and Iraq.

"We think the president's travel ban could have negative implications for orders from Iran and Iraq," said James Corridore, an aerospace analyst at CFRA Research. "We see these contracts as vulnerable to cancellation, though we also think it possible that the current injunction against the travel ban will be upheld, which could lessen the impact."

In announcing the Boeing deal on Dec. 11, Boeing touted the deal as supporting nearly 100,000 new jobs. Boeing is in the midst of cost-cutting in its commercial aircraft division and is facing tough competition from Airbus.
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump immigration ban puts $20 billion in Boeing aircraft sales at risk (Original Post) jmowreader Jan 2017 OP
All the major high tech companies are even talking about relocating to other countries. appleannie1943 Jan 2017 #1

appleannie1943

(1,303 posts)
1. All the major high tech companies are even talking about relocating to other countries.
Mon Jan 30, 2017, 04:53 PM
Jan 2017

When the business world cutting into income for Congress, someone just might bring up the word "impeach".

Latest Discussions»General Discussion»Trump immigration ban put...