Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated.

European airplane maker Airbus stated, it will study the impact of the U.S. withdrawal from the landmark nuclear accord with Iran before it formally responds.

Given the complexities, it said this will take some time.

IranAir has ordered 200 passenger aircraft worth $38.3 billion at list prices, including 100 from Airbus, 80 from Boeing and 20 from Franco-Italian turboprop maker ATR.

The deals are dependent on U.S. licenses given the heavy usage of U.S. parts in commercial planes.

“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,” said Rainer Ohler, Airbus’ communications chief. “This will take some time”.

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