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.
Kepplair Evolution, just days after completing the first pre‑modification flights of its prototype aircraft, has announced the closing of a new €6 million funding round — bringing total fin...
Daher Aircraft has reaffirmed its leadership in turboprop aviation, securing the No. 1 position for the sixth consecutive year in Professional Pilot magazine’s Product Support Survey. In the 202...
Textron Aviation announced that Starlink’s high‑speed internet solution is now available for Hawker 700, 800 and 900 series aircraft, following the Federal Aviation Administration’s a...
Baltic Ground Services (BGS), a global provider of ground handling and aircraft fueling services, has initiated cooperation with Airest, taking over into‑plane fueling operations at Kaunas (KUN) and R...
