Boeing and Volga-Dnepr Group, a world leader in transportation of unique, oversize and heavy cargo, have signed a Memorandum of Understa...
Boeing and Volga-Dnepr Group, a world leader in transportation of unique, oversize and heavy cargo, have signed a Memorandum of Understanding to further the Group’s fleet expansion with 20 additional 747-8 Freighters, valued at $7.4 billion at list prices.
The agreement also adds the Antonov-124-100 aircraft to the long-term logistics support for Boeing and its partners.
For Volga Dnepr Group, adding more 747-8 Freighters will allow development of the Group's scheduled business, AirBridgeCargo Airlines (ABC), and keep the airline's high growth rates.
Volga-Dnepr Group was the first to order the Boeing 747-8 Freighter in Russia and took delivery of its first 747-8 Freighter in 2012. These additional 20 airplanes will be acquired through a mix of direct purchases and leasing over the next seven years.
Volga-Dnepr Group has represented the Russian airfreight industry in the international market since 1990. The Group, which includes three leading Russian all-cargo carriers – Volga-Dnepr Airlines, AirBridgeCargo Airlines and Atran Airlines – has a multinational team of 3,500 employees in fifteen countries.
Volga Dnepr currently operates 10 An-124-100 and 5 IL-76TD-90VD, all modified under the Group special upgrade program and capable of flying to any point of the world.
The fleet also includes 14 747s – comprised of five Boeing 747-400ERFs (Extended Range Freighters), three Boeing 747-400 Freighters, six Boeing 747-8 Freighters – and three Boeing 737-400Fs.
