An IranAir Airbus A320 aircraft parks after landing at Belgrade's Nikola Tesla Airport, Serbia, March 13, 2018. REUTERS/Marko Djurica
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Iran expects to hear from Airbus in the coming days about the fate of an order for 100 planes that looks to have been wrecked by the United States' decision to reinstate sanctions on the Islamic Republic.The U.S. administration appeared to deal a fatal blow to the transaction Tuesday when President Donald Trump pulled Washington out of the 2015 nuclear accord with Iran and said it would reimpose sanctions on the Islamic Republic.Washington said at the time that it would also revoke the export licenses needed by planemakers to sell commercial planes to Iran. Iran has so far imported only about 11 aircraft, three from Airbus and eight from Franco-Italian turboprop maker ATR.The loss of U.S. export permits and confirmation that Iran has not paid a deposit, as previously reported by Reuters, could force Airbus to tell investors the deal cannot go through.
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