Russian plan to ban foreign carriers may be 'symbolic' gesture
Kremlin plans to prohibit non-Russian containerships calling at the country’s ports will add further stress ...
CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS' HON: DEALS ON THE MENUEXPD: NEW RECORD XPO: THE REBOUNDCAT: PAYOUT UP
CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS' HON: DEALS ON THE MENUEXPD: NEW RECORD XPO: THE REBOUNDCAT: PAYOUT UP
It’s hard to know where it is getting its geopolitical confidence from, but AirBridgeCargo, the Russian-owned freighter airline which was forced to halt operations with its Boeing fleet, has said it might resume operations this year.
ABC suspended operations after sanctions were imposed in 2022, but said in recent financial statements it was “monitoring the changing geopolitical situation and expects that in 2025 there will be an opportunity to implement plans to resume operational activities”.
Its focus is expected to be “partnerships in countries friendly to Russia”, but the main concerns will be over its fleet.
According to Russia’s Interfax news agency, ABC has kept its 14 Boeing aircraft stored “in accordance” with manufacturer requirements, and is negotiating to settle lease obligations. Its Russian AOC is currently suspended.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article