The U.S. government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing said Friday.
Boeing shares fell 2 percent to $115.16 Friday, the worst performance among the 30 members of the Dow Jones Industrial Average.
Title: Re: Boeing open for business in Iran
Post by: zack1234 on February 20, 2016, 03:19:45 AM
So they are not the enemy?
Title: Re: Boeing open for business in Iran
Post by: BuckShot on February 20, 2016, 10:18:16 AM
In other words, Boeing is helping Iran to get manned missiles.
Title: Re: Boeing open for business in Iran
Post by: zack1234 on February 20, 2016, 10:53:06 AM
So they are then :rofl
Pitch fork brigade keeping out of it then :old:
Title: Re: Boeing open for business in Iran
Post by: Ripsnort on February 21, 2016, 09:40:13 AM
Airbus will take most of the orders though. Also, Iran is planning to continue to flood the market with cheap oil thus keeping our stock market depleted.
Title: Re: Boeing open for business in Iran
Post by: pipz on February 21, 2016, 10:17:57 AM
Airbus will take most of the orders though. Also, Iran is planning to continue to flood the market with cheap oil thus keeping our stock market depleted.
How dare they!
So the Saudies and Russians are the enemy as well :rofl
How much STOCK do you own? :rofl
OUR stock :rofl
Title: Re: Boeing open for business in Iran
Post by: ghi on February 21, 2016, 08:22:51 PM
Yep, how dare they to sell their oil and compete with others about the market... Free market is a B**ch...
They won't be selling it cheap to make a profit. I think you understand this, no?
Title: Re: Boeing open for business in Iran
Post by: Zimme83 on February 22, 2016, 12:49:07 PM
I dont think you get it, Iran has to sell its oil at the same prize as all the others, if they want to sell any. But since Iran has a production cost of around 15$/barrel they do sell w profit.
Title: Re: Boeing open for business in Iran
Post by: zack1234 on February 22, 2016, 01:04:04 PM
See Rule #14
Title: Re: Boeing open for business in Iran
Post by: PJ_Godzilla on February 22, 2016, 01:04:47 PM
The US stock market, European, Japanese, actually all of it. Sorry, the "Our" meant US but I should have included world stock markets!
Slack demand for energy is more a symptom than a cause. Indeed, since energy is a factor of production, all finished good production tends to get a cost decrease as a result of cheap energy.
All that said, Rip, you know I consider you a bit of a kindred spirit here on the bbs... I'd contend, regarding the glut, that the low-cost producers are trying to break those whose margin are a bit tighter - and you know which is which, in geopolitical terms. Combine that with slack demand and production and here we are.
As for Zack, yes, yes, have a smeck and a leer over US fopo inconsistency - and then roll out the welcome mat for the Shia superstate. I'd note the relationship b/w this and the US is a bit like the relationship between a 15-yo boy and a Playboy centerfold. The pages may be stuck together, but that girl is unaware of her admirer's wants or throbbing needs in all but the most casual and opportunistic of ways.
Going back to energy, don't worry. Watch the etf "oil". When it hits about $3.50 or, when a raft of marginal developers and refiners file for bankruptcy, BUYBUYBUY - but maybe not that ETF in particular (it's just a good bellwether, but if you look at its asset mix, there are certainly safer plays, like eg, VDE).
There's a slug of hedge fund money sitting on the sidelines waiting to prey on the marginal players and waiting to get back in. Cheap oil will neither last nor be replaced by alternatives any time soon - and a Sunni-Shia conflict is going to catapult the smart investor into nothing but black. This last: I expect it and the video only buttresses that the Saudis are on alert. Last time there was a big Sunni-Shia throwdown in region, the casualties were immense. In any case, don't let the buzz scare you off of a once-in-a-generation energy investment opportunity.
It's wonderful that Boeing got the door opened. I'm sure there are still Reza Pahlavi -era F-14's sitting over there in Iran, corroding quietly away. Let's just hope we don't have a negative experience with the new hardware some time in the future.
Title: Re: Boeing open for business in Iran
Post by: Ramesis on February 22, 2016, 03:00:30 PM
See Rule #14
Title: Re: Boeing open for business in Iran
Post by: Skuzzy on February 22, 2016, 03:21:25 PM
When a thread is so tempting as to cause a posting rules violation, even when it is known it is a violation, then the thread is not worth having on this board.