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Volga-Dnepr set to boost presence in Germany

March 19 - Volga-Dnepr's planned acquisition of Air Cargo Germany is now waiting for anti-trust clearance from the authorities says the airline.

HLPFI understands that German antitrust authorities said that the Russian cargo airline group sought approval for the deal on March 1 and a decision is expected before the end of March.

The acquisition would boost the Russian cargo airline's presence in Europe's largest airfreight market, increasing its market share and enabling it to launch new flights from Europe.

Founded in 2008, Air Cargo Germany operates four Boeing 747-400s on routes including China, South Africa, India and the United Arab Emirates. It recently launched services from Germany to South Korea and between Hong Kong and Paraguay.

Heavy Lift | News

Caspian tug delivered  thumbnail image

Caspian tug delivered 

August 12 - Caspian Offshore Construction has taken delivery of a Damen Stan Tug 1606 in Kazakhstan. 
Views: 965
Fesco approves management board thumbnail image

Fesco approves management board

August 12 - Fesco has expanded its management board with the addition of Yuri Plotnikov, vice president of security.
Views: 976
ALE removes Danube bridge thumbnail image

ALE removes Danube bridge

August 8 - ALE has used its Mega Jack 800 jacking system to remove a bridge over the Danube River in Novi Sad, Serbia.
Views: 1181

Heavy Lift Across The World

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