IRNA � Minister of Roads and Urban Development Abbas Akhoundi said on Monday that contracts for purchasing aircraft from Boeing and Airbus are on the final stage and will be finalized soon.

Akhoundi made the remarks during a press conference on the sidelines of the 22nd International Press Exhibit in Tehran.

Representatives from the major aircraft manufacturers are repeatedly travelling to Iran and the contracts will be finalized in the near future, the minister said.

In drawing up the contracts, Iran is pursuing the maximum transfer of technical knowledge which includes how to repair, maintain and manufacture some spare parts, he added.