Among others he was fascinated with powered flight. He joined the Kiev Air-Sailing Society and became its active member. In 1909 he built an aircraft similar to the Bleriot-XI and published a set of technical drawings. The aircraft was demonstrated at the XII Congress of researchers and doctorates in December 1909.
In the his Chervonny property, he built an aircraft workshop which was expanded during the WWI years. A few dozens aircraft were built and repaired there. In 1914 Tereschenko organised a special repair train for front line service of aircraft. With his participation several other innovations were introduced like a tent-hangar for field aircraft repairs. All products of his factory carried his name, despite the fact that often his personal contribution to the design was minor.