Embraer banking on Trump to clear way for Iran regional jet sale

Embraer said it’s optimistic that a US govt led by Donald Trump will still grant it the clearances needed to sell aircraft to Iran. While Airbus Group and Boeing have already sealed deals to supply a range of jetliners to the Islamic republic after obtaining licenses under the Obama administration, Embraer is in the final stages of order talks, CE Paulo Cesar de Souza e Silva said. “There is a lot of uncertainty now regarding this new administration,’’ Silva said Wednesday. “But I believe in general terms Trump is a businessman. He is very pragmatic and he is for business. So we hope things won’t change too much.’’ The US is able to block plane exports to Iran from foreign manufacturers even after the easing of international sanctions because of the high American content of most aircraft. <br/>