The world's two largest jetmakers are bracing for the next round in a transatlantic spat over billions of dollars of aircraft subsidies, amid accusations of widening U.S. support for Boeing (BA.N) and persistent European aid to Airbus.
Iran has expanded its search for aircraft and is looking to order dozens more jets while it continues to try to overcome hurdles to deals worth some $50 billion with Airbus and Boeing, Iranian officials and Western industry sources said; Reuters reported.
Boeing’s commercial jetliner chief said Sunday that if its deal to sell Iran passenger aircraft is blocked by the U.S. Congress, all other U.S. companies that supply to its rivals should be prohibited as well.
A U.S. House of Representatives panel will debate legislation on Thursday intended to block Boeing Co's planned sale of dozens of commercial aircraft to Iran, which could also affect other planemakers, including Airbus if they became law; Reuters reported.
