Credit: Matthew Troke / Alamy Stock Photo
LONDON—UK-based freight specialist CargoLogicAir (CLA) has gone into administration, after the company was hamstrung by sanctions imposed because of the Russia-Ukraine war. The majority shareholder in the airline, which operated two Boeing 747-400Fs, is Russian-born entrepreneur Alexey Isaykin...
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War-Related Sanctions Consign UK’s CargoLogicAir To Administration is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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