The United Aircraft Corporation (UAC, part of Rostec) has entered into a preliminary agreement with the private Indian company Flamingo Aerospace for the supply of six Il-114-300 turboprop aircraft. The signing ceremony took place on January 28, 2026, on the sidelines of the Wings India international aviation exhibition.
UAC noted that the cooperation is aimed at meeting India's growing needs in regional aviation, and the supply of six aircraft will be the first stage of work.
The head of the corporation, Vadim Badeha, clarified that deliveries could begin in as little as two years.
Given the extremely high demand in the Indian market, our partners require us to start deliveries in a very short time. Today, the start of deliveries in 2028 is being discussed.
UAC will also provide Flamingo Aerospace with a roadmap for the development of aviation competencies. This will allow the Indian company to gradually increase its capabilities in the assembly, modification, maintenance and repair of aircraft, as well as infrastructure development.
The head of the Ministry of Industry and Trade, Anton Alikhanov, noted that the price of the first three Il-114-300s is about 4 billion rubles per unit, the following aircraft will cost from 2.6 billion rubles. It is unknown what price will be declared for the aircraft in case of deliveries abroad.
