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Volga-Dnepr acquires additional AN-124 aircraft

Volga-Dnepr Group has signed a finance lease agreement with JSC Sberbank Leasing to acquire two AN-124-100 Ruslan freighters.

   Volga-Dnepr Group has signed the finance lease agreement with JSC Sberbank Leasing to acquire two Antonov 124-100 Ruslan freighters.
   Terms of the deal were not disclosed by the Russian airline.
   “The AN-124-100 aircraft acquisition goes in line with the Group Strategy 2020 which provides for the fleet extension with Russian and foreign-made aircraft,” Sergey Shklyanik, group senior vice president, said in a statement.
   Volga-Dnepr Group is the world’s largest carrier in outsize and heavy air cargo, with the market share of 62 percent, according to VD Group Marketing. 
   As the charter cargo arm of the group, Volga-Dnepr Airlines operates 12 AN-124-100 and five IL-76TD-90VD freighters, while its scheduled cargo arm, AirBridgeCargo Airlines, has 15 Boeing 747 and two Boeing 737-400 freighters.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.