Fate of the AN-124 stranded at YYZ

[NutLoose]

Dave, you've lost me there?

https://www.volga-dnepr.com/en/

21.02.2022
AirBridgeCargo receives its 12th traditional Bembel from Frankfurt Cargo Services AirBridgeCargo Airlines (ABC), the scheduled air cargo carrier within Volga-Dnepr Group with expertise in integrated logistics services, has been awarded the Bembel prize for the 12th consecutive year.

https://www.volga-dnepr.com/en/about/group_profile/

Volga-Dnepr Group:

• the world leader in the unique, oversize and heavy cargo market, successfully representing the Russian airfreight industry in the international market since 1990;
• three leading Russian all-cargo carriers: Volga-Dnepr Airlines and AirBridgeCargo Airlines —honored with the prestigious “Wings of Russia” national aviation award on many occasions, and Atran Airlines — with its history starting back in 1942;
• multinational team of 3,500 employees in nine countries.

The Group’s core businesses are charter cargo operations using unique AN-124-100 and IL-76TD-90VD heavy transporters (Volga-Dnepr Airlines) and scheduled cargo operations using the fleet of Boeing 747 (AirBridgeCargo Airlines) and Boeing 737 (Atran Airlines) freighters. The synergy achieved through combination of these businesses greatly expands the reach and flexibility of air logistics solutions available to clients and enables the Group to sustainably grow and effectively compete in the global air cargo market. Aircraft MRO services (Volga-Dnepr Technics) in Russia, Germany and the United Arab Emirates comprise the third core business of Volga-Dnepr Group.

Volga-Dnepr Group Engineering and Logistics Center (ELC) works 24/7/365 and provides customers with comprehensive logistics services. ELC professionals have over 20 years of experience in the air cargo industry.

Volga-Dnepr Group also includes companies which provide customers and partners with insurance, consulting and educational services. Volga-Dnepr Moscow LLC acts as the managing company and is in charge of strategic management of all structural units within the Group.

Volga-Dnepr pursues the strategy of leadership which is built around promotion of the “Cargo Supermarket” concept and contemplates for mutually complementary use of the best Russian and Western transport aircraft. In its business initiatives and strategic development, the Group advocates for the principles of care for the future, high professionalism, client-centric approach, financial stability and transparency, safety and leadership.

https://www.aircargonews.net/airline...rs-to-lessors/

Russian media has reported that AirBridgeCargo (ABC) has applied to the Russian Ministry of Transport with a request to return 14 freighters to foreign lessors.

According to the Russia-based Kommersant newspaper Volga-Dnepr Group-owned ABC plans to return 14 out of 16 cargo Boeing 747s, all of which are stored at Sheremetyevo Airport.

https://www.msn.com/en-us/news/techn...rgo/ar-AAYJ6SL

Etihad Cargo could take over AirBridgeCargo

Etihad Cargo is mulling over a deal that would see it take on Russian cargo airline AirBridgeCargo's fleet and staff. AirBridgeCargo, part of the Volga-Dnepr Group, has been forced to shut down operations in light of sanctions placed on Russian-owned entities earlier this year.

Etihad Cargo will seek to acquire AirBridgeCargo's fleet of 16 Boeing 747 freighters - 12 Boeing 747-8Fs and four Boeing 747-400Fs - along with its staff. A revenue-sharing agreement is likely but only if it is in line with sanctions.

The majority of AirBridgeCargo's fleet is on lease with six different aviation lessors. Etihad plans to obtain the entire fleet through new leasing agreements, an arrangement that would appeal to lessors who have struggled to repossess aircraft stuck in Russia.
AirBridgeCargo has 16 Boeing 747Fs that could find a new home at Etihad. Any deal with AirBridgeCargo would be politically sensitive given the situation in Ukraine, while current economic sanctions on Russia also make it a legal minefield. One likely workaround would involve Volga-Dnepr Group’s former European GSA, AirFreight Logistics, established as a new entity to handle sales.