AirBridgeCargo lessors sue insurers over aircraft 'seized' and stuck in Russia
Aircraft insurers are being sued in Dublin and London by leasing companies unable to reclaim ...
AirBridgeCargo Airlines (ABC), Russia’s largest cargo airline, has commenced its 10th anniversary year with the strongest first quarter in its history, with tonnage up nine per cent in Q1 to 86,500 tonnes.
ABC says its growth reflects market improvements in Russia, Europe, the Americas and Asia Pacific as well as the success of its own sales activities. Freight ton-kilometres in the first three months of 2014 rose by 13%, far exceeding the industry average of 4% growth in the months of January and February.
Load factor for Q1 was 71%, again considerably higher than the industry average.
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