Two-year reprieve for Cargologicair, but Volga-Dnepr UK looks doomed

Cargologicair, the UK freighter operator previously owned by Volga-Dnepr Group founder Alexei Isaikin, has been given a reprieve of another two years to wind up – presumably in the hope ...

Nov 23, 2023• Comments•

Cargologicair Headlines

News / 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 ...

Bankruptcy Blues Cargologicair Russia sanctions Russia-Ukraine War

Dec 20, 2024• Comments•

News / Winding down Cargologicair – unpaid salaries, scattered records and parts

More than 100 Cargologicair (CLA) staff are still owed salaries and benefits totalling nearly £3m ...

Cargologicair Russia-Ukraine War sanctions Volga-Dnepr Group

Dec 18, 2023• Comments•

News / Rivals circle sanction-wounded Cargologicair, eyeing its aircraft spares

A “Dutch cargo airline company” is eyeing Cargologicair’s UK AOC, according to its administrators, as ...

Bankruptcy Blues Cargologicair Russia-Ukraine War sanctions Volga-Dnepr Group

Jun 15, 2023• Comments•

News / Sanctioned AirBridgeCargo announces $167m losses for 2022

News that Cargolux recorded yet another record profit, $1.6bn, must be devastating for AirBridgeCargo, once ...

AirBridgeCargo Cargologicair financial results Russia-Ukraine War sanctions Volga-Dnepr Airlines Volga-Dnepr Group

Apr 28, 2023• Comments•

News / Creditors circle, but Cargologicair could still rise from the ashes

Administrators are investigating a potential sale of Cargologicair (CLA), as creditors swirl around what was ...

Bankruptcy Blues Cargologicair Rebuilding the UK Russia-Ukraine War sanctions Volga-Dnepr Group

Jan 27, 2023• Comments•

COMPANY NOTICES

Recommends / Sanctions add complexity to Russia-linked Cargologicair administration

Interesting story on Cargologicair, the UK carrier founded by Volga-Dnepr’s sanctioned boss, Alexey Isaikin. Its ...

Cargologicair Rebuilding the UK Russia-Ukraine War sanctions Volga-Dnepr Group

Jan 19, 2023• Comments•

News / Cargologicair goes into administration – 'killed' by UK red tape

UK freighter operator Cargologicair (CLA) has finally gone into administration – but at a cost ...

Cargologicair Rebuilding the UK Russia-Ukraine War sanctions Volga-Dnepr Group

Nov 17, 2022• Comments•

News / 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 Cargologicair Russia-Ukraine War Volga-Dnepr Airlines Volga-Dnepr Group

Nov 8, 2022• Comments•

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 ...

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Aug 16, 2022• Comments•

News / Volga-Dnepr Group effectively exits market as sanctions force staff cuts

Volga-Dnepr Group is considering major staff cuts, after it appeared to have grounded all but ...

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Mar 15, 2022• Comments•

Most read news

News / Desperate AirBridgeCargo hawks out freighter capacity – but for how long?

AirBridgeCargo (ABC) is offering its fleet for ad hoc charters, after being banned from European, ...

AirBridgeCargo Airbus Boeing Cargologic Germany Cargologicair Russia-Ukraine War sanctions Volga-Dnepr Group

Mar 3, 2022• Comments•

News / Air freight rates expected to soar as Russia's AirBridgeCargo exits Europe

Air cargo shippers on Asia to Europe lanes should expect a hike in prices after ...

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Feb 28, 2022• Comments•

News / Suez disruption: air freight at capacity as shippers search for new routes

The Ever Given may be unstuck, and the canal unblocked, but the disruption is expected ...

air cargo AirBridgeCargo Cargologicair Disruption response Ever Given Modal Shift Suez Volga-Dnepr Group

Mar 30, 2021• Comments•