Volga-Dnepr Group misses targets, begins restructuring process

Russia-based Volga-Dnepr Group will be executing a restructuring plan after the group’s three carriers – AirBridgeCargo (ABC), ATRAN and Volga-Dnepr Airlines (VDA) – saw their collective traffic drop by 6% in the first half of 2019, to 2.6 million FTKs, missing targets by 20%.

While an immediate change involves the appointment of a new general director, Volga-Dnepr didn’t elaborate on what the restructuring will mean for its fleet, or whether there will be any changes on that front. At present, the group’s three airlines operate a total of forty-one freighters, including eighteen 747Fs, and five 737Fs, as well as twelve An-124-100s and five Il-76TD-90VDs.