Cargologicair sells off remaining stock and redundant staff can be paid
The remaining stock of Cargologicair, still under administration, is soon to be sold. The formerly ...
By Stuart Todd
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 ...
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