Volga-Dnepr acquires Air Cargo Germany

Russian cargo group Volga-Dnepr (VI) has completed the acquisition of Frankfurt Hahn-based carrier Air Cargo Germany (6U) for a 49% stake (ATW Daily News, March 15). The value of the deal has not been disclosed but VI senior VP Sergey Shklyanik said the group refinanced 6U’s debts for €15 million (...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.