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.
Cirrus Aircraft is celebrating the 10th anniversary of its Collier Trophy-winning Vision Jet at NBAA-BACE 2026, marking a decade of innovation that has continuously advanced the world&r...
The U.S. Federal Aviation Administration has certified the Boeing 737-10, the newest and largest member of the 737 MAX family, paving the way for Boeing [NYSE: BA] to begin customer deliveri...
Viasat has significantly expanded the capacity of its JetXP in-flight connectivity service across the United States, delivering up to five times more bandwidth for business aviation customers equipped...
Dassault will introduce the fourth-generation EASy IV flight deck on newly built Falcon 2000LXS aircraft, while also making the upgrade available as a retrofit across the entire Falcon 2000 EASy fleet...