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imageNEW YORK: Boeing Co said on Wednesday that expected to receive a license to sell jetliners to Iran soon, after Airbus confirmed earlier in the day that it had received licenses for similar sales from the US Treasury Department.

"We understand that the US government has issued Airbus a license to sell aircraft to Iran," Chicago-based Boeing said in a statement.

"We believe their license application was submitted prior to our similar request and that the government follows a 'first in, first out' policy. We look forward to receiving our license from the government shortly."

Copyright Reuters, 2016

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