Boeing and the Volga-Dnepr Group, which specialises in the transportation of outsize and heavy cargo, announced at the 2016 Farnborough International Airshow finalisation of terms for the acquisition of 20 747-8 Freighters, which includes four aircraft that have already been delivered.
Boeing also signed an agreement with 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 747-8 and Antonov 124-100 freighters. Boeing and the Volga-Dnepr Group will also enter into an agreement to look at future services opportunities.
“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,” said Alexey Isaykin, President of Volga-Dnepr Group.
“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.”
Volga-Dnepr Group was the first to order the Boeing 747-8 Freighter in Russia and took delivery of its first 747-8 Freighter in 2012. The newly-ordered aircraft will support Volga-Dnepr’s long-term strategy to grow AirBridgeCargo’s fleet and replace current 747-400s. They will be acquired through a mix of direct purchases and leasing over the next six years.