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

Embraer and OGMA conclude first C-390 Millennium maintenance for the Hungarian Air Force

Embraer and OGMA have successfully completed the first scheduled 24- month maintenance of a C-390 Millennium aircraft operated by the Hungarian Air Force. The work was carried out at OGMA’s faci...

Bombardier delivers first Global 8000 in Asia, marking a key milestone for ultra-long-range aviation in the region

Bombardier delivered the first Bombardier Global 8000 aircraft in Asia to an undisclosed customer based in Shanghai, marking an important step in the expansion of ultra-long-range busin...

3 decades of evolution in private jet catering - interview with Daniel Robinson from Niche & Bespoke & Deluxe Catering

Even today, quite a few people still have preconceived notions about the business aviation industry. The same is true when it comes to in-flight catering for private flights. Personally, I prefer to t...

Lufthansa Technik to build a second base maintenance facility in the Philippines

Lufthansa Technik Philippines, the joint venture between Lufthansa Technik and the MacroAsia Corporation, is significantly expanding its footprint in the Philippines with a new base maintenance facili...

Android Apps development in Riga, Latvia