News / Volga-Dnepr confirms job losses as it grounds two aircraft

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Volga-Dnepr has confirmed that there will be up to 100 job losses at the group, and two aircraft will be grounded.

The group blamed this year’s poor market.

“Given challenging air freight market conditions, including а significant downturn of demand, Volga-Dnepr has launched a staff reduction programme and mothballing part of the fleet that is currently of no demand by the market. It is being done to prepare the airline for the return of market demand and its subsequent growth.”

Volga-Dnepr Airlines will ...