Founder Alexei Isaikin leaves Volga-Dnepr after management buyout
The founder of Volga-Dnepr Airlines, Alexei Isaikin, has left the company following a management buyout. The ...
AirBridgeCargo (ABC) may have dodged a bullet by giving up its two planned Il-96-400Ts to Sky Gates Airlines, which will be acquired by Russian passenger carrier Red Wings.
One aircraft expert said the ex-Polet aircraft were very challenging freighters to operate economically, and had significant design flaws. However the breakdown of the deal, on which ABC had already paid insurance deposits, according to Russian media, leaves ABC without aircraft.
One insider said the carrier now had few, if any, options remaining.
One source ...
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