Opinion: The Iran Jetliner Illusion

Why Airbus and Boeing may be chasing fool’s gold



Unless the Farnborough Airshow sees a cloudburst of unanticipated orders, the large jetliner industry will have its first year since 2009 with a book-to-bill ratio lower than 1-1. For an industry addicted to ever-higher record production rates this is a troubling development, particularly with global political and economic uncertainty looming in the background.

In this context, two large Iranian jetliner orders would be very welcome news. But there are strong reasons to doubt that Iran will ride to the industry’s rescue this year—or anytime soon.
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