PARIS — OneWeb Global Ltd. is rejecting only two of the 18 launches for which it was under contract with Europe’s Arianespace launch-service provider as part of OneWeb’s Chapter 11 bankruptcy contract review, with the launches to occur between December of this year and the end of 2022.

OneWeb’s decision removes what had been a nightmare scenario for Arianespace, which is using Russian Soyuz rockets to launch 34-36 OneWeb broadband satellites at a time into low Earth orbit.

Before OneWeb’s . . .

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