EghtesadOnline: Iran has finalized a €2.2 billion deal with China National Machinery Import and Export Corporation, known as CMC, to electrify a 926-km railroad from Tehran to the northeastern city of Mashhad, a deputy minister of roads and urban development said.

EghtesadOnline: Iran will put out a tender within a month to finance the plane deals it has finalized with major planemakers, a deputy minister of roads and urban development announced on Monday.

EghtesadOnline: Iran Air will receive four new ATR planes by Friday, deputy minister of roads and urban development, Asghar Fakhrieh-Kashan , said.

EghtesadOnline: Iran Air could take delivery of at least one new Boeing 777 aircraft in the next few weeks–the first new aircraft it will have received from the US company in decades.

EghtesadOnline: Iran does not have a problem obtaining financing for its aircraft deals and the delivery of purchased aircraft is on track, Deputy Transport Minister Asghar Fakhrieh-Kashan told IRNA on Saturday.

EghtesadOnline: The manufacture of aircraft parts in Iran was among the topics negotiated between Iranian authorities and major planemakers who have secured contracts to supply passenger jets to the Islamic Republic.

EghtesadOnline: The first passenger jet Iran has ordered from American planemaker Boeing will join Iran’s air fleet within a month, Deputy Roads and Urban Development Minister Asghar Fakhrieh-Kashan said noting that the plane was initially ordered by Turkish Airlines that later cancelled the order.

EghtesadOnline: Iran is willing to purchase 25 short-haul aircraft worth up to $500 million from Japan’s Mitsubishi Aircraft Corporation, says deputy roads and urban development minister, Asghar Fakhrieh-Kashan .