Aeroflot will purchase 16 new Boeing 777s in the next six years, in a bid to fill the breach created by the delayed 787 Dreamliners.
According to Reuters, the Russian airline has signed a preliminary agreement with Boeing in a deal worth $4 billion.
Aeroflot said it had set up a working group with the aircraft manufacturer, to ensure two Dreamliners are delivered in time for the 2014 Winter Olympics in Sochi.
The new planes are due to be delivered between 2012 and 2017, before Aeroflot’s B787 aircraft.
Aeroflot had ordered 22 Dreamliners, which are now more than three years behind schedule.
Boeing was forced to stall trials of the B787, after a technical problem caused a fire on one of its test planes.