Iran has signed contracts worth US$21 billion (13 billion pounds) to buy satellite equipment and aircraft from Russia, Manouchehr Manteghi, the managing director of Iran Aviation Industries Organization, said in an interview with Russian agency Sputnik on Saturday.
Manteghi said the contracts had been signed at the MAKS-2015 air show in Russia last month.
The contracts involved satellite-related equipment as well as the Sukhoi Superjet 100 regional passenger aircraft, Sputnik said.
Russia and Iran have been working to boost economic ties since Tehran signed a deal with six world powers in July, which offers Iran relief from sanctions in exchange for curbing its nuclear programme.
Boeing and Ethiopian Airlines have announced a new cargo fleet expansion agreement, with the African carrier ordering eight 777-8 Freighters and two additional 777 Freighters. The investment will enab...
PAL-V has signed a Memorandum of Understanding with AVION, a specialist in advanced flight training devices, and FLYVE, a developer of FlyDrive ecosystems for professional and government operator...
Tecnam introduces the P2008JC NG to the United States market, bringing flight schools a certified, next-generation training aircraft designed to dramatically reduce operating costs while maximizing fl...
Following the successful public flight demonstrations at Expo 2025 Osaka, SkyDrive announced plans to undertake a feasibility study exploring the conversion of Osaka City’s existi...
