Volga-Dnepr Group to restructure and become a 'mono company'

Volga-Dnepr Group is to restructure and transform into a “mono company” it said, following a board meeting.

It has announced a “restructured line-up” of the board and has created three committees: Strategy and Transformation, Budget and Audit and Staff and Appointments.

The group, which comprises Volga-Dnepr Airlines, AirBridgeCargo and Atran, said the board had prioritised the most pressing issues, which include relationships with creditors, suppliers and customers.

It said: “To optimise operations, improve efficiency and provide a consolidated level of services for customers ...