Aircraft Orders & Deliveries
UAC Signs Agreements for 85 Il-114-300 Aircraft with India
UAC signed preliminary deals with two Indian firms for 85 Il-114-300 turboprops, pending DGCA certification and firm contracts.

United Aircraft Corporation (UAC) signed preliminary agreements with two Indian aviation firms on September 10, 2026, for the potential supply of 85 Ilyushin Il-114-300 regional turboprop aircraft.
Announced in a Rostec press release during the INNOPROM India exhibition in New Delhi, the commitments represent a significant export push for the newly certified Russian airliner. The proposed acquisitions are intended to support India’s UDAN regional connectivity program and could serve as a foundation for broader industrial cooperation between the two nations.
Agreement structure and prospective operators
The 85-aircraft commitment is split between two entities. Pinnacle Air signed a Letter of Intent (LOI) for 50 airframes, while Sleek Aviation signed a Memorandum of Understanding (MOU) for 35 aircraft. Neither company currently operates as a scheduled regional Airlines. Pinnacle Air is established as a charter operator providing helicopter and business aviation services, and Sleek Aviation, founded in 2018, does not currently operate an active fleet.
Reports indicate these firms may act as lessors rather than direct operators. Indian ultra-low-cost carrier Air Kerala is reportedly under consideration as a potential operator for up to 20 of the Il-114-300s. A separate report from ThePrint on September 15, 2026, claimed an Indian company named Omkam Aviations Pvt Ltd signed an LOI for 50 aircraft, though it remains unverified whether this is related to the Pinnacle Air agreement or represents a separate transaction.
UAC Chief Executive Officer Vadim Badekha stated the signings follow initial discussions that began when the aircraft was presented at the Wings India exhibition in January 2026.
“We saw strong interest in this aircraft from local operators, and today this interest was formalised in agreements. We plan to conclude the first firm Contracts by the end of this year,” Badekha said.
Aircraft production and certification hurdles
The Ilyushin Il-114-300 is a 68-seat regional turboprop powered by TV7-117ST-01 engines. The aircraft received its Russian type certificate in June 2026, clearing the design for serial production. Manufacturing is currently underway at UAC’s Lukhovitsy Aviation Plant near Moscow, with the first three production aircraft being assembled for domestic Russian operators. Initial Deliveries are projected by the end of 2026.
Dmitry Lelikov, Deputy General Director of Rostec, emphasized the aircraft’s domestic supply chain in the press release.
“The Il-114-300 is a fully Russian-made aircraft where all components from Avionics to the TV7-117ST-01 engines is produced by local manufacturers,” Lelikov said. “Utilization of the Il-114-300 by local airlines will facilitate implementation of the UDAN national program that is aimed at making air travel more accessible and involves setting up new regional Airports all over India.”
Before any deliveries to India can occur, the Directorate General of Civil Aviation (DGCA) must validate the Russian type certificate. This regulatory process has not yet been completed.
Industrial partnership proposals
Beyond airframe sales, UAC is positioning the Il-114-300 as a vehicle for localized aerospace development in India. Discussions are ongoing regarding the localization of maintenance, training, and potentially the production of both the Il-114-300 and the SJ-100 regional jet.
“As our cooperation develops, we are prepared to move forward and transition to an industrial partnership for service, maintenance, personnel training, and even localisation of Il-114-300 production in India,” Badekha noted.
AirPro News analysis
We view these preliminary agreements as highly speculative. While the sheer volume of 85 aircraft makes for a strong headline, the transition from non-binding LOIs and MOUs to firm, funded contracts faces substantial obstacles. The signing entities lack the operational infrastructure of scheduled regional airlines, suggesting a complex leasing arrangement would be required to place these airframes with actual carriers like Air Kerala.
More critically, DGCA validation of a new Russian type certificate presents a significant regulatory hurdle. Given the current international sanctions environment affecting Russian aerospace supply chains and financial transactions, executing a large-scale export order and establishing localized maintenance facilities in India will require navigating severe logistical and diplomatic complexities. Until firm contracts are signed and DGCA certification is secured, this remains a statement of intent rather than a guaranteed production backlog.
Sources: Rostec
Photo Credit: Rostec
Aircraft Orders & Deliveries
Aeroflot Orders 90 MC-21-310 Aircraft With 22-Year Support Deal
Aeroflot Group finalizes a firm order for 90 MC-21-310 narrowbodies, with deliveries from 2029 to 2032 and a 22-year domestic support contract.

Aeroflot Group has finalized a firm order for 90 Yakovlev MC-21-310 narrowbody aircraft, securing a long-term fleet renewal strategy as international sanctions restrict access to Western-built airframes.
The agreement, signed on September 18, 2026, by subsidiaries of Rostec State Corporation and Aeroflot, includes a 22-year comprehensive technical support package. According to a press release from the Official Website of the President of Russia, the contract covers post-sale maintenance for 108 aircraft in total, encompassing the 90 newly ordered airframes and 18 previously contracted units. Russian President Vladimir Putin oversaw the signing ceremony via videoconference from The Kremlin, alongside an in-person event at Sheremetyevo International Airport (SVO).
Delivery Schedule and Production Targets
Deliveries of the 90 newly ordered MC-21-310 aircraft are scheduled to occur between 2029 and 2032. Reporting by Interfax indicates a phased delivery schedule: 14 aircraft in 2029, 18 in 2030, 24 in 2031, and 34 in 2032.
Prior to this batch, Aeroflot is slated to receive its first 18 previously contracted MC-21 aircraft starting in 2027. The gap between the initial 2027 deliveries and the 2029 start of the larger order highlights the transition period required for United Aircraft Corporation (UAC) to scale up serial production of fully domestic components.
Rostec CEO Sergei Chemezov emphasized the industrial impact of the agreement, telling Interfax that the contract secures a clear production workload and establishes the foundation for a systematic ramp-up of serial manufacturing.
During the ceremony, President Putin noted the broader economic implications, stating that the long-term contract will fill the order books of domestic aircraft manufacturers, suppliers, and contractors.
Infrastructure Modernization and Domestic Connectivity
To support the integration of the new domestic fleet, the Russian government presented several newly completed aviation infrastructure projects during the September 18 event. The Kremlin reported that 20 runways and 26 airport terminal complexes have been commissioned across Russia since 2021.
Officials unveiled new passenger terminals at Barnaul Airport, Orenburg Airport, and Pskov Airport. Additional infrastructure upgrades included a new runway and air traffic control tower at Makhachkala Airport, alongside an upgraded air border crossing point at Yuzhno-Sakhalinsk Airport.
The government outlined a target to modernize a minimum of 75 Russian airports by 2030. To maintain strategic air routes during this infrastructure and fleet transition, the federal budget allocated 50 billion rubles over the current and previous year for route subsidies.
Fleet Transition Strategy
The MC-21-310 serves as Russia’s primary domestic alternative to Western narrowbody aircraft. The comprehensive technical support agreement, involving UAC and United Engine Corporation (UEC), mandates that maintenance and component replacement remain entirely within the domestic aerospace ecosystem for the 22-year duration of the contract.
AirPro News analysis
We view this 90-aircraft order as a definitive indicator of Russia’s timeline for achieving aerospace autarky. While the firm order provides UAC with a guaranteed backlog, the delayed delivery window of 2029 to 2032 for the bulk of the fleet underscores the engineering and supply chain hurdles involved in substituting Western avionics, engines, and composite materials. The operational success of the MC-21 program will depend heavily on UEC’s ability to reliably produce and support the domestic PD-14 engines at scale, a capability that remains untested over a multi-decade commercial lifecycle.
Photo Credit: Kremlin
Aircraft Orders & Deliveries
Pre-Owned Aircraft Inventory Remains Below 2025 Levels
Sandhills Global August 2026 data shows used jet inventory down 22% year-over-year as asking prices soften across most categories.

Pre-owned aircraft inventory levels remained significantly lower in August 2026 compared to the previous year, driven by a 37.73 percent year-over-year drop in available used large jets.
In a press release issued on September 4, 2026, Sandhills Global published its August aviation market reports. The data indicates a continued tightening of supply in the pre-owned aircraft market compared to 2025, while asking prices displayed mixed trends across different aircraft categories.
Jet and turboprop market dynamics
According to the Sandhills Global report, the global used jet aircraft inventory increased by 1.09 percent month-over-month in August 2026. This slight monthly gain did not offset the broader trend, as total jet inventory fell 22.32 percent year-over-year. Global asking prices for used jets decreased by 0.88 percent from July 2026 and dropped 1.85 percent compared to August 2025.
The global used turboprop aircraft market exhibited a similar pattern. Inventory rose 4.04 percent month-over-month but remained 9.92 percent below August 2025 levels. Asking values for used turboprops decreased 2.35 percent month-over-month and saw a marginal 0.14 percent decline year-over-year.
Piston aircraft and Helicopters trends
In the United States and Canada, the used piston-single aircraft inventory rose 2.8 percent month-over-month in August 2026. Similar to the turbine markets, this category experienced an 11.75 percent year-over-year decrease. Asking values for used piston-single aircraft decreased 0.93 percent month-over-month and 1.6 percent year-over-year.
The global market for used Robinson piston helicopters saw inventory increase by 1.19 percent month-over-month, while year-over-year inventory decreased by 10.53 percent. Asking values for these helicopters dropped 9.33 percent from July 2026 but recorded a 0.79 percent increase compared to August 2025.
AirPro News analysis
We observe a consistent pattern of constrained supply across all tracked pre-owned aviation sectors when comparing 2026 to 2025. The August 2026 data aligns closely with the July 2026 figures previously reported by Sandhills Global, where large jets posted a 39.6 percent year-over-year inventory decrease. The modest month-over-month inventory gains across jets, turboprops, and piston aircraft suggest the rate of inventory depletion may be stabilizing. The corresponding softening in asking prices across most categories indicates that buyers are not currently willing to pay a premium despite the lower year-over-year supply.
Sources: Sandhills Global via PR Newswire
Photo Credit: Sandhills Global
Aircraft Orders & Deliveries
BermudAir to Become First E190F Freighter Operator in Americas
BermudAir leases an Embraer E190F from Regional One, becoming the first operator of the type in the Americas.

BermudAir will become the first operator of the Embraer E190F freighter in the Americas following a lease agreement with aircraft lessor Regional One announced on September 16, 2026. The transaction expands the Bermuda-based carrier’s operations into dedicated cargo services across North-America and the Caribbean.
According to a press release issued by Embraer, BermudAir will lease a single converted E190F, making it the second global operator of the manufacturer’s passenger-to-freighter (P2F) platform. The addition builds on the airline’s existing passenger network, which currently connects 10 destinations using a fleet of Embraer E175 and Embraer E190 regional jets.
Expanding into dedicated cargo-aircraft operations
The leased E190F will serve routes spanning Bermuda, the Caribbean, the United States, and Canada. BermudAir currently operates two E175s and two E190s for its scheduled passenger services, providing a common type rating and maintenance foundation for the incoming freighter.
“Cargo is a natural next step for us. We’ve built a reliable, right-sized operation connecting Bermuda and the Caribbean to North America, and the E190F lets us put that same network to work moving express cargo, supporting local businesses, e-commerce and time-sensitive freight across the islands we serve,” said Adam Scott, Founder and CEO of BermudAir.
The cargo expansion runs parallel to BermudAir’s broader fleet modernization strategy. In July 2026, the carrier announced a firm order for 10 Airbus A220-300 passenger aircraft to support its network growth, with deliveries scheduled to begin in the fourth quarter of 2027, according to reporting by ch-aviation.
Embraer’s E-Freighter program gains momentum
The lease agreement highlights the ongoing rollout of Embraer’s P2F conversion program. Regional One has placed five firm orders for the E190F since the launch of the E-Freighter program. Two of those converted aircraft have already been delivered to the lessor and are in active service.
“As an innovative and rapidly growing airline, BermudAir is an excellent partner to help showcase the versatility and value of the E-Freighter platform. This milestone represents another important step in the continued growth of the E190 P2F program,” said George Mamangakis, Chief Investment Officer at Regional One.
Global rollout of the E190F
The E190F entered commercial service on March 9, 2026, when launch customer Bridges Air Cargo deployed the first converted aircraft on routes in Europe. The program subsequently secured additional backlog at the Farnborough International Airshow on July 21, 2026, when aircraft lessor Azorra signed an agreement for up to 30 E-Freighters, comprising 20 firm orders and 10 purchase rights, as reported by Aviation Week.
AirPro News analysis
We view BermudAir’s adoption of the E190F as a logical utilization of the carrier’s existing Embraer maintenance and crew training infrastructure. Operating a mixed fleet of passenger and freighter variants of the same aircraft family allows regional carriers to diversify revenue streams without proportionally increasing overhead costs. The placement of the first E-Freighter in the Americas provides Embraer with a highly visible regional showcase for its P2F conversion program in a market traditionally dominated by larger narrowbody freighters or smaller turboprops.
Sources: Embraer
Photo Credit: Embraer
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