Logos of Air France group airlines companies are projected on a screen during a news conference for the launching of Joon, the new lower-cost airline subsidiary of Air France in Paris, France, September 25, 2017. REUTERS/Charles Platiau/File Photo
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Air France is cutting its Joon subsidiary's service between Paris and Tehran to the summer season only, blaming a poor economic performance over two years in operation.Air France's move comes amid international uncertainty over whether U.S. President Donald Trump will pull out of a nuclear deal with Iran, although the spokeswoman said the decision was not linked to the political climate with Iran.Bankers and others involved in business with Iran say they have been reluctant to travel to the country to close deals or negotiate the financing of existing ones because of uncertainty over the status of underlying U.S. sanctions, even before the latest standoff between Trump and Iran.Qatar Airways, however, said demand for travel to Iran remained strong.Air France's decision follows a similar one in December by Etihad Airways, which had also said it would scrap flights to Iran and Uganda.
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