Russian President Vladimir Putin approved the proposal to use funds from the National Wealth Fund of Russia (NWF) for the production of eight Il-114-300 aircraft. This was announced by the head of the Ministry of Industry and Trade, Anton Alikhanov.
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According to him, money from the NWF will be directed to leasing companies to provide preferential leasing for the construction of the Il-114-300.
During a meeting with the president, and then separately, I reported our proposals for co-financing the production program for the Il-114 aircraft. It has been approved, and the president has signed an instruction for recapitalization from the National Wealth Fund. For now, this is for eight aircraft.
The Il-114-300 has already received a type certificate and can be mass-produced. However, some airlines have raised questions about its efficiency on unpaved runways due to the excessively low placement of the TV7-117ST-01 turboprop engines.
GTLK also stated that at least 40 Il-114-300s will be supplied to Aurora, KrasAvia, and IrAero airlines.
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