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Farhad Parvaresh, managing director of IranAir has said Iran's national airline plans to replace its ageing fleet with new Airbus passenger planes, Fars news has reported. The move is also aimed at reducing repair and maintenance costs, he said. IranAir's fleet currently has 18 Fokers, 18 Boeings and the rest are Airbus planes, he said without providing details on the exact number of the Airbus planes. "This way we would sustain lower losses and enjoy more productivity," Parvaresh said.