To produce 10 aircraft per year from 2025, and 20 aircraft per year from 2027
During a trip to the Kazan Aviation Plant (a branch of Tupolev PJSC), Russian Prime Minister Mikhail Mishustin announced the allocation of a considerable amount of funds that will be used to modernize production to increase the production of Tu-214 aircraft.
41.8 billion rubles will be allocated to expand the production of Tu-214 aircraft
“ The decision that was made was made the day before: this is the allocation of 41.8 billion rubles from the National Welfare Fund for this project. This is the technological equipment of production – up to 27.4 billion rubles, this is the construction and reconstruction of storage facilities – this is 22 billion rubles, 10 billion [rubles] – after-sales support, including the purchase of simulators, the production capacity of the plant. Further funds that are needed for this, that is, about another 42 billion [rubles] – these can be bonded loans of the Rostec State Corporation, which can be issued for up to 15 years with a coupon income of approximately 1.5% per annum to finance the project. And at the moment, I think we will solve this problem. We expect 20 liners from you annually ,” Mishustin said.
“ The Tu-214 serial production project is very important. Because starting from 2025 we have to produce 10 liners a year, but the demand for such equipment is now much higher. Based on what we have seen and heard today, I expect the Kazan [Aviation] Plant to cope with a large volume. Let’s work together to make it happen. We are waiting for you to produce 20 liners annually ,” Mishustin added.
