Volga-Dnepr UK's options narrow as financial details are unveiled
More details have emerged on Volga-Dnepr UK’s financial position, after the administrators filed a new ...
Interesting story on Cargologicair, the UK carrier founded by Volga-Dnepr’s sanctioned boss, Alexey Isaikin. Its administrators expect to repay creditors in full, which had been in doubt because banks didn’t want to touch a company close to Russian sanctions. But now the UK government may allow ownership of the company to be transferred to a UK trust, and the administrator has found some £17m available. FlightGlobal reports.
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