Founded in 1932 in Voronezh (as Voronezh Aviation Plant, branch registry number 18). In 2007, VASO became part of the state-owned United Aircraft Corporation (UAC). Notable planes built here are the An-148 (never was commercially built, failed), Tu-28 (until 1970), Tu-144 (16 were made in 1967-1983), Il-86 (built until the end of the USSR), Il-96 (still in production with less than 1 unit per year), Il-28 (production ended in 1970), ANT-25 (pre-WWII plane), TB-3 (WWII plane), Il-2 (WWII plane), Tu-16 (built in the middle of the 20th century, retired in the late USSR years) and some others.

In July 2009, UAC said it will invest 5 billion rubles ($162 mln) in the modernization of VASO's facilities. According to UAC, VASO will build 5 An-148 passenger aircraft in 2009, 18 in 2010, 36 in 2011, and 50 planes would be made annually from 2013 onwards.^{[citation needed]}

Between 2008 and 2015, it produced some parts for an Airbus A320 and the A380.^{[citation needed]}

In 1993, the aircraft plant started to develop two new updates to old Soviet models, the wide-body aircraft Il-96-400M and Il-112V. However, the yearly revenue of the plant is lower than the average price of one wide-body airliner.^{[citation needed]}

For a short period, the company operated a charter airline sub-division, naming it VASO Airlines. Established in 1999, VASO folded in 2006.^[2]

• JSC “Ilyushin Interstate Aircraft-Building Company” (30.0% of the shares)
• JSC “Ilyushin Aviation Complex” (27.1% of the shares)
• Private shareholders (42.9% of the shares)^[3]

• Official website of VASO (in Russian)
• Voronezh aircraft production association