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.
Lufthansa Airbus A340-300, named after the city of "Viersen", is celebrating a special anniversary: When the long-haul jet is scheduled to operate flight LH405 from New York to Frankfurt fro...
European Union Aviation Safety Agency and the US Federal Aviation Administration have approved ExecuJet MRO Services Belgium to perform line and heavy maintenance on the Dassault Falcon 6X. In ad...
Embraer will once again have a strong presence at the Farnborough International Airshow in the United Kingdom, highlighting its continued growth momentum driven by increasing aircraft deliveries,...
GOL Linhas Aéreas launched new nonstop service between Rio de Janeiro (GIG) and New York (JFK), marking the airline's first long-haul international route. The service began with inaugu...
