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

Vista House makes exclusive Asia debut amid Formula 1 Singapore Grand Prix excitement

Vista is set to debut its signature hospitality concept, Vista House, in Singapore, elevating one of Asia’s most anticipated sporting weekends with a refined, members‑only experience. Conceived...

30 years, 800 guests and £20,000 raised – Luxaviation UK celebrates at the Aviation Polo Cup 2026

Aviation took the spotlight at Hurtwood Park Polo Club on Saturday, 5 September, where more than 800 guests gathered with Luxaviation UK and Castle Air for the 2026 edition of the Aviation Polo Cup. M...

Qantas charters NFL teams to Melbourne ahead of historic first game

The Los Angeles Rams have touched down in Melbourne on a Qantas charter flight ahead of Friday's NFL game at the Melbourne Cricket Ground, the first regular season game the league has played in Au...

Daher Aircraft is ranked No. 1 in Pro Pilot magazine’s Product Support Survey for the sixth consecutive year

Daher Aircraft has reaffirmed its leadership in turboprop aviation, securing the No. 1 position for the sixth consecutive year in Professional Pilot magazine’s Product Support Survey. In the 202...

Android Apps development in Riga, Latvia