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Iran Cuts Airbus Deal by 6 Jets Amid Implementation Delays

Iran has reduced the number of planes it plans to buy from Airbus by six units following delays in U.S. regulatory approvals needed to import the jets, an Iranian official told Reuters. Iran announced plans in January to buy 118 jets worth $27 billion at list prices from the European planemaker but has voiced concern at the amount of time it is taking to receive U.S. export licenses, which are required to complete the deal due to the large number of U.S. parts in the Airbus jets. The...

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