Moscow-based AirBridgeCargo is known for its rapidly growing scheduled freighter business, but in parallel, the carrier’s charter business is also booming. Looking back on 2016, ABC says the number of charter flights it operated last year was up 47 percent year-over-year, compared to 2015. Cargo charters are often the onlyRead More
Post Tagged with: "volga-dnepr group"
After starting with a promising surge in airfreight demand during the U.S. West Coast port crisis, 2015 has proven to be a tough year as the industry endured economic fallout from a slowdown in the Asian economy, falling airfreight demand on prominent trade routes and a marked decline in fuelRead More
Cargo carriers and forwarders alike probably wish they had had the year that AirBridgeCargo Airlines has had. With an 18 percent rise in tonnage in the first nine months of 2015, compared to 2014, and a 28 percent rise, year-over-year, in tonnage carried in September, the scheduled-freight arm of Russia-based Volga-DneprRead More
Russia-based AirBridgeCargo Airlines (ABC) this week took delivery of two 747-8 freighters from Boeing. These are the first two 747-8Fs delivered to ABC under a Memorandum of Understanding for twenty of the type signed by ABC’s parent, the Volga-Dnepr Group (although Boeing’s customer is US-based investment company, which in turn hasRead More
AirBridgeCargo, the scheduled freight service of the Volga-Dnepr Group, made its inaugural flight to Singapore’s Changi Airport from Moscow, Sept. 3, launching twice-weekly Moscow-Singapore-Hong Kong-Moscow service. Using a 747-8F, this service establishes Moscow as a new freighter link for Changi Airport. The service is ABC’s ninth freighter destination in Asia.Read More
The Volga-Dnepr Group has entered into an agreement with Boeing to order twenty 747-8 freighters through a combination of direct purchases and leases over the next seven years. The two companies signed a memorandum of understanding – valued at US$7.4 billion, at list prices – during the Paris Air Show.Read More
In its tenth year of doing business, AirBridgeCargo (ABC), the scheduled-service subsidiary of the Volga-Dnepr Group, carried a record 401,000 tonnes of cargo in 2014, which is a 17.6 percent increase year-over-year. Investing in improvements at its main hub in Moscow, and reacting quickly to market changes, ABC averaged a loadRead More