Iran and Russia hold talks over aircraft production

30 October 2008
Iranian aviation groups and government officials are holding a new round of talks with their Russian counterparts to discuss Iran’s licensed production of Russian Tupolev aircraft.

Tehran is close to an agreement with Tupolev and the aircraft leasing group Ilyushin Finance, to build 100 Tu-204 airliners over the next 10 years.

The talks have been taking place at the Fourth Persian Gulf Air Show on the Iranian island of Kish.

Earlier in 2008, Ilyushin Finance signed a contract with the Iran Airtours airline for delivery of five Tu-204-100 aircraft, although Iran Air has dropped plans to buy 35 Russian-built planes over concerns the move would not be cost-effective (MEED 6:6:08).

Iran has been searching for ways to avoid US sanctions and replenish the ageing fleets of its various airlines.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.