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1999. Incorporation of the leasing company Ilyushin Finance Co (IFC). Alexander Rubtsov appointed Director General.
2000. National Reserve Bank (NRB) invests in the authorized capital of IFC.
2001. The Bank for Foreign Economic Affairs (Vnesheconombank) invests in the authorized capital of IFC.
2001. As a result of the governmental tender for leasing programs state support, The Russian Federation becomes one of the greatest shareholders of IFC.
2003. First supply of Il-204-100 aircrafts to Russian air companies.  
2004. First supply of Il-96-300 aircrafts to Russian air companies.
2005. First supply of Il-96-300 aircrafts for export under the Russian governmental program on support of the high-technology Russian products export.
2006. First export supply of Tu-204 aircrafts.
2006. By the order of the President of Russia, 38% of IFC shares in federal property are included in the authorized capital of United Aircraft Corporation (OAK) Open Joint Stock Company.
2007. IFC becomes a member of OAK and the largest supplier of new Russian civil aircrafts. IFC’s assets amount to $ 1 billion.  
2007. Start of Il-96-400T transport aircrafts serial production under IFC’s order at Voronezh Joint Stock Aviation Construction Association (VASO).
2008. Start of An-148 regional aircrafts serial production under IFC’s order at Voronezh Joint Stock Aviation Construction Association (VASO).
 
As of beginning of 2010, the principal shareholders of IFC are:
♦ United Aircraft Corporation (OAK) Open Joint Stock Company (the block of shares received from the Russian Federation) – 48,4%;
 
♦ National Reserve Corporation Group – 25,8%;
♦ Vnesheconombank – 21,4%.
♦ Minority shareholders - 4,4%