Development of Il-114 passenger aircraft will cost United Aircraft Corporation (UAC) 19 billion rubles, but there is a demand for the airliner, UAC President Yuri Slusar said.
“Air carriers and the Ministry of Defense need Il-114 aircraft, UAC President Y.Slusar said at MAKS-2015 international airshow. – UAC is confident that this aircraft must be developed. Speaking of costs, works connected with “digitalization” of documentation, upgrade of the aircraft systems and equipment, and development of a new engine will cost around 11 billion rubles; 4 billion rubles will be spent on adapting the aircraft in order to use the new TV7-117 engine. Moreover, around 4 billion rubles are going to be spent on re-equipping enterprises involved in production of the aircraft, including manufacturer of the liner”.