![]() ![]() We thank ABC for giving us this great opportunity, which supports our own long-term plans in Belgium.”Īs well as Liege and Atlanta, WFS also hold contracts to provide handling services for AirBridgeCargo Airlines in Frankfurt, Madrid and Paris as well as in Dallas/Fort Worth, Houston, Los Angeles and Hong Kong. ![]() These types of contracts provide stability for both partners, are great news for our employees, and enable us to support AirBridgeCargo’s long-term growth strategy which requires us to deliver high quality, reliable and innovative cargo handling services for its global customers. This 10-year contract in Liege follows our announcement in June of a three-year handling agreement with ABC at our new cargo terminal in Atlanta. “The Group continues its An-124-100/150 and Il-76TD-90VD operations (planes belonging to Volga-Dnepr Airlines) and finds alternative solutions for cargo transportation using other modes (air, sea, truck, rail),” the group said.“We are extremely proud that AirBridgeCargo Airlines and Volga-Dnepr Group are making this longterm commitment to working with WFS. While the Atran and ABC fleet will remain on the ground, the group will continue operations on its Russia-registered Volga-Dnepr aircraft. On the other hand, lessors face a difficult task retrieving aircraft from Russia before the March 28 deadline.Īirbus and Boeing have said they’ll suspend the supply of spare parts and support to Russian customers. Some have questioned whether airlines will take this step as it would harm relations with the lessors that airlines rely on to provide aircraft in the future. On the leasing issue, the Kremlin law that allows the jets to be registered in Russia will in essence result in the aircraft being confiscated from their overseas owners. In response to the BCCA’s decision, Russia’s government issued a directive allowing the transfer of affected aircraft to the domestic Russian registry, without the need to de-register in Bermuda. Russian carriers also face airspace bans over much of Europe and North America, two of the group’s key markets. Meanwhile, reports suggest as many as 16 of ABC’s aircraft are leased. The move doesn’t come as too much of a surprise given the restrictions the airline currently faces – the aircraft had pretty much stopped flying since the start of March.Īll of the AirBridgeCargo’s (four B747-400Fs, 13 B747-8Fs and one B777F) and Atran Airlines’ fleet (five B737Fs) are listed on the Bermuda registry. The Group added that it had also taken the decision to furlough many of its employees given the situation. “The Volga-Dnepr Group’s management has taken this decision and is working together with its partners and regulators to find possible solutions under the current situation,” the group said in a statement. Meanwhile, the BCCA said that international sanctions on the aviation sector have had a significant impact on the ability to sustain safety oversight on Russian operated aircraft. The sanctions on lessors require that they terminate any aircraft lease deals they have with Russian airlines. ![]()
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