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Sanctions on Iran result in pent-up demand for 400 new planes

Lifting of sanctions will offer billions to Airbus, Boeing
Monday, May 5, 2014 - 06:00
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President Rouhani: Has invited Western firms to seize investment opportunities in Iran

[ANKARA] Barred by sanctions from buying Western airliners since the 1970s, Iran has pent-up demand for 400 new planes, Teheran's top aviation official was reported as saying, offering potential billions to manufacturers such as Airbus and Boeing. Iran won limited relief from Western sanctions