News / Founder Alexei Isaikin cuts all ties with Russia’s Volga-Dnepr

The founder of Russian outsize air cargo specialist Volga-Dnepr, Alexei Isaikin, is stepping down as its president and as a shareholder.

Its affiliates include AirBridgeCargo (ABC) and Atran Airlines, whose Boeing freighter fleets have been grounded since the first quarter of the year as a result of sanctions against Russia following the invasion of Ukraine.

While Volga Dnepr Group (VDG) has not specified the reason for Mr Isaikin’s departure, in June the UK government added him to its sanctions list, a decision ...