On August 12th 2014 the Board of Directors of Samara-based Aviacor aviation plant made a decision to launch the serial production of Il-114 aircraft, Volga-News reports with reference to the enterprise’s official documents.

The production costs will be calculated after elaboration of production plan and business plan.

We remind you that Aviacor considered Il-114 regional aircraft seating 64 passengers as an alternative to An-140. The plant encountered problems connected with production of An-140 caused by the situation in Ukraine, where the plant’s suppliers are located. Earlier Il-114 was being manufactured in Uzbekistan.

According to the management team of Aviacor, it will take five years to launch of serial production and upgrade the aircraft. The cost of this project is 12 billion rubles.

It was reported earlier that the president of Russia, Vladimir Putin, instructed the government to estimate the feasibility of a project for launching serial production of Il-114 aircraft at Aviacor. The aircraft will be delivered to Russian Ministry of Defense and civil aviation enterprises.