Revenues soar 40% and steer Volga-Dnepr Group into clearer skies

September 18, 2020 Alex Lennane

Volga-Dnepr is out of the woods of potential bankruptcy and is now sitting on a “huge pile of cash”.
Yesterday it said its half-year revenues across the three airlines in the group, Volga-Dnepr, AirBridgeCargo (ABC) and Atran, was more than 40% up on a year ago.
The revenue increase comes despite a drop in tonnage – which the group claimed was 18% down in the wider market, while freight tonne km (FTK) ...

The post Revenues soar 40% and steer Volga-Dnepr Group into clearer skies appeared first on The Loadstar.

Previous Article
Brexit clarity meeting was ‘just to cover political arses than get meaningful results’
Brexit clarity meeting was ‘just to cover political arses than get meaningful results’

Remember just two weeks ago, when eight UK logistics organisations, concerned over what will happen in Janu...

Next Article
Maersk gets on board with CP Rail to move inland with new transload facility
Maersk gets on board with CP Rail to move inland with new transload facility

As part of its “container supply chain integration” strategy, Maersk is building a transload and distributi...