The Latest Airbus needs time to know effect of Iran move

In this photo released by official website of the office of the Iranian Presidency, President Hassan Rouhani addresses the nation in a televised speech in Tehran, Iran, Tuesday, May 8, 2018. Iranian President Hassan Rouhani said Tuesday he'd send his foreign minister to negotiate with countries remaining in the nuclear deal after Donald Trump's decision to pull America from the deal, warning he otherwise would restart enriching uranium "in the next weeks." (Iranian Presidency Office via AP)

TEHRAN, Iran The Latest on President Donald Trump’s decision to pull America out of the Iran nuclear deal (all times local)

European plane-maker Airbus says it will abide by renewed U.S. sanctions on Iran but that it could take “some time” to determine the full impact of the American decision on the aviation industry’s plans to sell billions of dollars’ worth of planes to Iran.

Airbus and rival Boeing are among the biggest companies affected by Trump’s decision to pull out of a landmark 2015 accord on curbing Iran’s nuclear activities.

An Airbus spokesman said Wednesday that “we’re carefully analyzing the announcement and will be evaluating next steps consistent with our internal policies and in full compliance with sanctions and export control regulations.” He said he expected it to take “some time.”

U.S. Treasury Secretary Steven Mnuchin has said that licenses held by Airbus and Boeing to sell jetliners to Iran will be revoked, but that certain exemptions will be negotiated.

The head of Iran’s Revolutionary Guard has welcomed President Donald Trump’s decision to withdraw the U.S. from the 2015 nuclear deal, saying it was clear from the beginning that the Americans were “not trustworthy” and that the move would have no impact.

The semi-official Fars news agency on Wednesday quoted Gen. Mohammad Ali Jafari as predicting that the European Union, which opposed the pullout, would eventually join the U.S., meaning the “the fate of the deal is clear.”

He is quoted as saying: “We welcome Trump’s decision on pulling out of the deal. This is not a new event and has no effective role in any field.” He added that “it was clear that the Americans are not trustworthy.”

Trump on Tuesday announced that the U.S. would withdraw from the international deal and restore sanctions on Iran, leaving the future of the agreement in doubt.

The Revolutionary Guard is a paramilitary force dominated by hard-liners, which answers directly to Iran’s supreme leader.