GOP House votes to prohibit sale of Boeing aircraft to Iran
WASHINGTON — The Republican-led House has acted decisively to bar the sale of commercial aircraft to Iran, a move that would scuttle deals already authorized by the Obama administration and potentially worth billions of dollars.
By 243-174 vote Thursday, lawmakers passed legislation that would prohibit the Treasury Department from issuing the licenses U.S. banks would need to complete the transactions.
The House bill seeks to counter the department’s decision in September to grant aviation giants Boeing and Airbus permission to sell the passenger planes to Tehran. The bill must now clear the Senate, where the measure would face stiff opposition from Democrats. President Barack Obama would almost certainly veto the bill if it reached his desk.
The proposed sales may involve the purchase and leasing of more than 200 aircraft, which could generate thousands of new jobs, according to Democrats who opposed the legislation. Republicans, however, decried the sale of aircraft to a country they say is the leading state sponsor of terrorism and has flouted United Nations resolutions by testing ballistic missiles.
http://www.heraldnet.com/business/gop-house-votes-to-prohibit-sale-of-boeing-aircraft-to-iran/
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But I wonder if Airbus has the capability to start sourcing those components outside the US as well - meaning that we'd lose the Iran deal in the short-term, and then experience also a longer-term loss of Airbus-related manufacturing...
