The world’s largest plane makers were the biggest and earliest beneficiaries of the Obama administration’s detente with Iran. President Donald Trump’s decision to walk away from the deal could leave them the first and hardest hit. Boeing Co., the world’s largest plane maker, and European rival Airbus SE signed more than $40 billion in combined plane deals with Iranian carriers after the U.S. and five other world powers lifted sanctions in return for Tehran agreeing to curb its nuclear ambitions.

Source: Wall Street Journal May 09, 2018 14:52 UTC