EU shippers fear for business as their boxes stack up in Russia
While trade sanctions against Russia following its invasion of Ukraine in 2022 have been well-documented, ...
More than 100 Cargologicair (CLA) staff are still owed salaries and benefits totalling nearly £3m ($3.8m).
The UK airline, sister to Volga-Dnepr Group, faced sanctions owing to its ownership by Russian Alexei Isaikin and is currently under administration, now extended for two more years.
It owes 108 employees, as well as about 89 other claimants for some £5.2m.
The administrator, in its six-month progress report, noted that Cargologicair’s bank statements showed payments to staff, but the employees claimed the money had not arrived ...
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