New Iran sanctions will kill billions in jet sales. Boeing is ready

Years of Trump panning the Iran deal

Years of Trump panning the Iran deal

Boeing stands to lose billions of dollars in sales due to the sanctions on Iran President Trump just announced. But it can afford to take the hit.

Sales and profits at the aircraft maker are very strong, and it has a backlog of orders for nearly 6,000 commercial jets, worth about $486 billion. That doesn’t even include the 110 jets Iran ordered.