50 SKY SHADES - World aviation news

Russia to spend $758 mln from budget to finance production of Il-114 plane — minister

Download: Printable PDF Date: 30 May 2016 19:09 (UTC) category:
Publisher:
Russia to spend $758 mln from budget to finance production of Il-114 plane — minister   - Manufacturer publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Airplanes
Source: TASS

First deliveries of Il-114 aircraft will start in 2019, Russia’s Industry and Trade Minister Denis Manturov told reporters.

"We will ensure first deliveries already in 2019," he said.

According to the minister, the government plans to spend 50 bln rubles ($758 mln) from the budget to finance the production of Il-114.

"As for Il-114, about 50 bln rubles from the budget will be spent on its implementation," Manturov said.

The minister said that the government also plans to spend about 50 billion rubles on production of IL-96-400 for the period until 2021.

IL-114 is a family of aircraft designed in the 1980s by the Ilyushin design bureau.

In October 2014, the Russian President signed a ruling to organize serial production of an upgraded of this aircraft at the Aviakor aircraft factory for the needs of the Defense Ministry and Civil Aviation.



 





Recommended

IADA sees strong demand and constrained inventory shaping the global preowned aircraft market

The International Aircraft Dealers Association (IADA) has released its 2026-2027 Current Market Portrait & Forecast, offering an in-depth analysis of the global preowned business av...

From first call to final mission: Helicopter Alliance’s Black Hawks excel throughout fire season

UH-60 Black Hawk helicopters operated by Helicopter Alliance played a vital role in combating wildfires across Central and Southern Europe during the aerial firefighting season that has now concluded....

flyadeal arrives in Mumbai, strengthening air connectivity between India and Saudi Arabia

flyadeal, the fast-growing low-cost carrier of Saudia Group and one of the GCC's largest budget airlines, has expanded its presence in India with the launch of non-stop flights between Riyadh and...

GE Aerospace names FL Technics Indonesia as first MRO partner for avionics support

FL Technics Indonesia, the first MRO in Indonesia to be appointed as a GE Aerospace avionics support partner, has signed a service support agreement with GE Aerospace covering Boeing 737 and Airbus A3...

Android Apps development in Riga, Latvia