EU shippers fear for business as their boxes stack up in Russia
While trade sanctions against Russia following its invasion of Ukraine in 2022 have been well-documented, ...
By Alex Lennane
The founder of Volga-Dnepr Airlines, Alexei Isaikin, has left the company following a management buyout.
The MBO happened after he was placed on a UK sanctions list, and his UK companies could be dissolved.
The Russian airline, which continues to operate in many parts of the world, including India, Bangladesh, China and Vietnam, will be run by a Russian management team.
The airline said Mr Isaikin “handed over the company, which he had been developing for more than 32 years, “for obvious reasons”.
A ...
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