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AirBridgeCargo exit hits forwarder market access

The loss of AirBridgeCargo (ABC) from the major Asia-Europe trade lane as a consequence of Russia's invasion of Ukraine is having a significant impact on the airfreight market. AirBridgeCargo 747F in Madrid. Photo courtesy of WFS. The Volga-Dnepr Group (VDG) subsidiary โ€” with its freighter fleet of almost 20 aircraft and growth in annual tonnage
Dnepr Group Volga Dnepr Group Db Schenker Kuehne Nagel

Aircraft insurers brace for deluge of Russia claims, with Lloyds on hot seat

Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented barrage of claims. Volga-Dnepr Group's first 777F. Photo/Volga-Dnepr Group Lessors of planes stuck in Russia since the onset of sanctions have warned insurers of possible claims to come if the jets arenโ€™t returned. Insurers, meanwhile,
Hong Kong Yaroslavskaya Oblast City Of United Kingdom Garrett Hanrahan Moshe Orenbuch

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