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Volga-Dnepr to Acquire 20 747-8 Freighters

Boeing and Volga-Dnepr Group have have finalized terms for the acquisition of 20 747-8 Freighters, 4 of which have already been delivered. In addition, an agreement was also signed for the Group’s subsidiaries AirBridgeCargo Airlines and Volga-Dnepr Airlines to provide long-term logistics support for Boeing Commercial Airplanes and its partners using Boeing 747-8F and Antonov 124-100 freighters.

Alexey Isaykin, President of Volga-Dnepr Group, said: “Volga-Dnepr intends to provide strong evidence to the market that the unique An-124 and Boeing 747-8 four-engine freighters are still essential to serve the fast-changing requirements of our customers worldwide. The most obvious proof of this is the high demand for Boeing 747-8 and Аn-124 freighters from customers in the Aerospace industry, which today represents 30% of our overall operations. This is the reason we continue to be so committed to the future of these glorious aircraft and why we are signing long-term agreements with Boeing and General Electric in the Cargo Village at Farnborough.”

The newly-delivered 747-8 Freighter on display in the Cargo Village at Farnborough will be operated by CargoLogicAir, the new British cargo airline, which is a partner of Volga-Dnepr Group. “Volga-Dnepr Group is a world-class cargo carrier and an outstanding service provider,” said Boeing Commercial Airplanes President and CEO Ray Conner. “Boeing and Volga-Dnepr Group have a long history of successful partnership and I am very proud we can continue this journey together.”