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US Approves Iran Airbus Deal

The U.S. government granted Airbus a license to sell 17 airplanes to Iran, a landmark deal announced by the European aircraft company Wednesday. The initial agreement in January, estimated to be worth nearly $25 million, was made possible by last year's nuclear agreement, which lifted sanctions on Iran on the condition it curb its atomic program. Iran Air agreed to buy several different types of planes, including the single-aisle A320 and the double-decker A380, according to the...

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