10 Nov 2024
Monday 18 June 2018 - 18:23
Story Code : 309254

Boeing facing legal action as Iran sues over cancelled contracts

The Loadstar- Boeing appears to have fallen victim to the US administrations decision to tear up the Iran peace deal. It seems the Tehran government is gearing up to sue the US aircraft manufacturer for cancelling several pending contracts with Iranian carriers.CH Aviationreports that legal action will be pursued through international tribunals. Boeings decision was effectively taken out of its hands afterUS treasury secretary Steven Mnuchin ordered sales of commercial aircraft to Iran to cease by August.
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