Volga-Dnepr Group / Press-center / Media Coverage

AirBridge Cargo, Volga-Dnepr

05/07/2007

Volga-Dnepr Group reported sales of $725 million in 2006, up 55% from 2005, and is projecting $1 billion in revenue this year. It said rising turnover resulted from development in its An-124-100 (revenue up 26%) and IL-76 (up 114%) charter freight businesses and expansion at AirBridge Cargo (up 96%), which operates four Boeing 747Fs. V-D transported more than 155,000 tonnes of freight last year, 98% of which was flown internationally. AirBridge reported revenues of $227.4 million and transported 78,400 tonnes of cargo, up 79% on the prior year. Scheduled cargo services accounted for 31% of the parent company's total sales. May 2, 2007

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