Commercial carriers feel the pinch as the US military slashes its spend on airlift

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Russian aircraft operators and US carriers are expected to face such a significant drop in military revenues that some could be forced out of the market, as US Department of Defense (DoD) requirements for airlift continue to fall.

According to unpublished DoD figures seen by The Loadstar, Volga Dnepr has already suffered substantially. Last year it gained revenues of $170m from DoD spending – this year that has fallen to about $22m, a drop of 87%. Russia’s state-owned civil cargo airline, ...