The Russian government will allocate more than 12.5 billion rubles from the budget from 2025 to 2027 to refine the Il-114-300 regional turboprop aircraft (designed for operation on local airlines). This is stated in the explanatory note to the draft federal budget.
The document indicates that the funds will be allocated by contributing to the authorized capital of PJSC "UAC", including for the subsequent contributions to the authorized capital of the corporation's subsidiaries.
In particular, in 2025, the Cabinet plans to allocate 9.4 billion rubles for the design, certification, launch of mass production and the formation of a spare parts bank, another more than 706 million rubles in 2026, and almost 2.5 billion rubles in 2027.
It is known that the Il-114-300 will be certified in 2025, and the first aircraft are scheduled to be delivered in the spring of 2026.
Read also on the topic:
Birds will be released into the sky: UAC and SLC will supply 238 aircraft
Russian Il-114-300 received a new livery: unique shots of the liner update