Uzbekistan's Tashkent Aviation Production Organisation (TAPO) plans to retain its capability to assemble Ilyushin Il-114 regional twin-turboprops after emerging from the bankruptcy process.
The airframer was declared insolvent and entered external administration two years ago, but has reached agreement with creditors and will complete a reorganisation on 1 November.
From 1 January, it will be renamed the Tashkent Mechanical Plant and designated primarily as an aircraft maintenance and repair facility.
"We've settled our debts to lenders and restructured our capacity which was devoted to the production of Il-76 transports. We may now focus on building Il-114s," says TAPO.
"The Russian side is objectively interested in this, although there is a competing Antonov An-140 project. At the same time, there are some plans regarding the Il-114."
TAPO has built eight Il-114s, of which six are in commercial service with Uzbekistan Airways. Ilyushin deputy general director Nikolai Talikov says the airline utilises the turboprops for a total of between 1,600 and 1,800h a month.
"Their fuel consumption averages 500-550kg per hour," he adds. "They fare reasonably well compared with all rival turboprop types."