It's still flying
I understand that the suspension gives individual administrations the option to continue Il-86 flights, and that the Russian authorities have chosen NOT to ground the aircraft.
From what I hear Ilyushin has added a supplement to the ops manual which the Russians believe clears the aircraft of any possible problems.
GSGA chief Alexander Neradko is quoted as saying that the Russian authorities are "unanimous" in viewing the Ilyushin measures as "providing the appropriate level of flight security" and that the aircraft will therefore not be grounded.