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Iran has finalized an agreement with Airbus to acquire 100 jetliners

Iran has finalized an agreement with Airbus (OTCPK:EADSY) to acquire 100 jetliners, the first of which is tentatively expected to be delivered in mid-January. “Although the nominal value of the contract for 118 Airbus planes had been announced at $25B, the A380 planes have been dropped from this contract, so the value will not be more than $10B,” IranAir CEO Farhad Parvaresh declared.

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