Volga-Dnepr Group / Press-center / Media Coverage

AirBridgeCargo Airlines reports 55% growth in sales for first 11 months of 2008

12/27/2008

Russian air carrier AirBridgeCargo Airlines (ABC) has reported a 55% increase in year-on-year sales for the first 11 months of 2008 with revenues of US$423 million.

The airline achieved particularly strong growth in October and November despite the challenging global economic conditions to ensure a profit-making operation.

Despite difficult market conditions, ABC carried more than 24,000 tons of cargo in October and November, a rise of 11 per cent over the same two months in 2007.

For the period January 1st-November 30th 2008, AirBridgeCargo achieved a 31% increase in traffic to 121,000 tons of cargo carried, reflecting the airline’s effective business development and optimization strategy.

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