Lawmakers in the House are expected to overwhelmingly pass on Wednesday new legislation that would prohibit the Obama administration from facilitating the sale of U.S. aircraft to Iran, according to senior congressional sources who told the Washington Free Beacon that Iran is likely to use American-made planes to rebuild its aging air force.
Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus, breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the move said.
The U.S. government began granting licenses to aircraft manufacturers Wednesday morning allowing the sale of passenger jets to Iran as part of last summer’s landmark nuclear deal, according to aviation sources.
As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year’s nuclear pact with the Islamic Republic have launched a lobbying campaign against the deals.
Aerospace giant Boeing lobbied hard for the nuclear deal that lifted sanctions on Iran, but the Iranian regime announced on Thursday that it would spend billions to buy aircraft from French competitor Airbus.
America’s largest airplane manufacturer Boeing is closely aligned with Bill and Hillary Clinton, and Boeing shareholders are now confronting company management about whether the relationship between Boeing, the Clinton Foundation, and the State Department under Hillary Clinton violated ethics rules, according to Fox News.
Paypal founder Elon Musk frequently leverages his political clout to the advantage of his various business ventures, and a pair of announcements this week suggests the strategy is still paying off.
Delta Air Lines launched a suit on Wednesday against the United States Export-Import Bank, alleging that the bank did not properly assess its impact on U.S. businesses when it financed purchases by foreign airlines, reported Bloomberg.