first flight on 24 September 1998. On 27 December 2002, the Irkutsk Aviation Production Association renamed themselves as the Irkut Corporation. The Irkut Corporation became the first Russian defence firm to carry out an initial public offering in March 2004. It traded 23.3% of the corporation's shares in the stock market. In the same year, the Irkut Corporation had integrated the Yakovlev Design Bureau into its corporate structure, making it a subsidiary. In 20 December the Irkut Corporation signed a contract with Airbus to produce components for the Airbus A320 family aircraft. In 2006, the Russian government merged Irkut with Ilyushin, Mikoyan, Sukhoi, Tupolev and Yakovlev as a new company called United Aircraft Corporation. Irkut has also entered into a joint venture with Indian military aircraft manufacturer HAL to manufacture the UAC/HAL Il-214, which will be designed by Ilyushin. In July 2007, the Irkut Corporation was selected as a head contractor for MC-21 short/mid range airliner program. The MC-21 would be the first aircraft the Irkut Corporation had designed. Production of the aircraft would start in 2014. Integration of Sukhoi Civil Aircraft into the Irkut Corporation At the end of November 2018, United Aircraft Corporation transferred from Sukhoi to the Irkut Corporation, to become UAC's airliner division, as Leonardo S.p.A. pulled out in early 2017 because of Superjet's poor financial performance. Irkut will manage the Superjet 100, the MC-21 and the Russo-Chinese CR929 widebody, but the Il-114 passenger turboprop and modernized Ilyushin Il-96-400 widebody will stay with Ilyushin. The new commercial division will also include the Yakovlev Design Bureau, avionics specialist UAC—Integration Center and composite manufacturer AeroComposit. Organization Irkut Corporation Regional Aircraft-Branch of the Irkut Corporation (before:Sukhoi Civil Aircraft) Irkutsk Aviation Plant JSC Yakovlev Design Bureau A. S. Yakovlev Engineering Center BETA AIR Sanctions In January 2023 Japan imposed sanctions on Irkut Corporation. Products Manufactured products These products are designed by a different company while the Irkut Corporation and its branches are responsible for manufacturing them. Designed products These products are designed by the Irkut Corporation and its branches. Products of Regional Aircraft Superjet 100 Corporate governance Presidents Yuri Slyusar (Chairman of the Board of Directors of Irkut Corporation, President of UAC) Oleg Demchenko (President of the Irkut Corporation) Vice presidents Aleksander Veprev (General Director of Irkutsk Aviation Plant, an affiliate of Irkut Corporation, Vice-President of Irkut Corporation) Konstantin Popovich (Vice-President of Irkut Corporation for aircraft development, Director of the