Russian cargo airline Volga-Dnepr signed a memorandum of understanding today to buy and lease twenty Boeing 747-8 freighters with a combined list price of $7.4 billion for its AirBridgeCargo Airline unit.
16 Jun 2015
AirBridgeCargo’s traffic soared 16 percent in the first five months of the year as Russia’s largest all-cargo carrier continued to outperform its struggling European rivals.
08 Apr 2015
Russia’s AirBridgeCargo Airlines boosted freight tonnage by 20 percent in the first quarter as its rapidly expanding international network offset the impact of sanctions and an economic downturn in its domestic market.
30 Jan 2015
Shrugging off the economic downturn in its home market, Russia’s AirBridgeCargo Airlines boosted traffic 17.6 percent in 2014, its 10th anniversary, even as leading Western airlines continued to downsize their freighter operations.
09 Oct 2014
China’s e-commerce market continues to generate incredible year-over-year growth and huge amounts of hype, but AirBridgeCargo’s executive president Denis Ilin brought the discussion down to Earth at an Air Cargo Forum panel in Seoul this week.
08 Oct 2014
There is no significant loss of air cargo to ocean freight, said Atlas Air president and CCO Michael Steen, arguing against a widely held industry belief that shippers were shifting modes to save on transport costs.