

He had already resigned as a director of Volga-Dnepr Airlines’ UK-registered subsidiary CargoLogicAir (P3, London Stansted) in June after being sanctioned.

The founder, majority owner, and president of Volga-Dnepr Group, Alexey Isaikin, who was added to the United Kingdom’s sanctions list in June in the wake of Russia’s invasion of Ukraine, has withdrawn from all of the group’s structures and ceded control to the rest of the company’s management team, Kommersant reported.Īccording to the newspaper’s sources in the aviation sector, this is likely to help the Western companies of the group to continue working, while Isaikin himself, who has dual Russian and Cypriot citizenship, can engage in his other businesses in Russia and abroad. Volga-Dnepr Group changes ownership to avoid sanctions - 02:50 UTC
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To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO. The Volga-Dnepr Airlines (VI, Ulyanovsk Vostochny) subsidiary also operates a fleet of eight B747-400(F)s serving destinations throughout Russia, Western Europe, the United States, and the Far East. and Asia by increasing frequencies out of these regions and opening new on-line stations." "Adding more capacity at the beginning of 2015 allowed us to maintain and even improve our leading positions in our core markets in Europe, the U.S. "Our route network development is based upon a quick reaction to changing customer demand and our flexibility, together with the reliability of our service levels, has enabled us to gain their growing support," Denis Ilin, Executive President of AirBridgeCargo, said. AirlineRoute reports the twice weekly service is routed Moscow Sheremetyevo- Shanghai Pudong- Anchorage Ted Stevens- Los Angeles Int'l- Chicago O'Hare- Amsterdam Schiphol.

AirBridgeCargo (RU, Ulyanovsk Vostochny) launched a new Round-The-World cargo service on April 2 using one of its six B747-8(F)s.
