Michael Holm's data as of 2011 appears to suggest that Balashov as of 1990 was home to the 606th Training Aviation Regiment of the Balashov Higher Military Aviation School for Pilots, subordinated to the Air Forces of the Volga-Ural Military District.

On the morning of May 30, 2017, an An-26 aircraft with the crew of the 6th Aviation Faculty of the Zhukovsky – Gagarin Air Force Academy (consisting of five crew members and one cadet) performed a training flight in a circle.

When landing at the Balashov airfield, the plane crashed, colliding with the surface of the earth 150 meters from the threshold of the runway.

While moving on the ground, the plane collapsed, ignited and partially burned.

The crew members received injuries of varying severity, the cadet died.