July 18, 2018: Volga-Dnepr Group (VDG) and its strategic partner CargoLogicAir (CLA) have inked a Memorandum of Understanding (MoU) on strategic cooperation with Liege Airport, with the aim to strengthen their position in the European market through development of a regional hub and enhancement of freighter capacity.

Within the next three to five years, the three parties will join in establishing a regional hub for VDG and CLA freighter operations with the provision of efficient cargo handling for up to 30 cargo flights per week, including for special cargoes which are of high demand among their customers. All the flights will be supported by maintenance facilities to be organised on the airportā€™s premises.

Liege airport, which has been favoured by many cargo carriers recently, will support both companies in opening up new routes and establishing the communication channel with competent government authorities for smooth operations both with other comingled airports of Europe, as well as worldwide. On top of this, Liege Airport will provide VDG and CLA with sufficient ground handling, warehousing and office areas for smooth coordination and operation of freighter flights.

ā€œI wish to thank Liege Airport for their enthusiasm and teamwork. This has helped us to reach this agreement so quickly, and will create new opportunities for our customers worldwide by guaranteeing smoother, seamless and efficient delivery options,ā€ stated Alexey Isaykin, president, Volga-Dnepr Group.

David Kerr, CEO of CargoLogicAir said, ā€œThe development of a European hub in Liege will support our existing network, boost our cargo services, covering major catchment areas of Europe for the convenience of our customers. We will be able to guarantee high-end services based on reliable partnership with Liege airport, which is not only one of the most cargo-friendly airports, but also shows significant steps of development in air cargo handling ā€“ the area of paramount importance for carriers which aim for quality, speed, and safety.ā€

Luc Partoune, CEO, Liege Airport opined, ā€œLiege Airport is looking forward to growing the cooperation with all members of the Volga-Dnepr Group and its strategic partner. We believe that, each on our level, both Liege Airport and VD Group are investing in cargo and are focused 100 percent on cargo and logistics.ā€

The joint work will be organised through working project groups to strengthen communication and negotiation, discuss and finalise the cooperation details, work out specific programs, and carry out the regular review to drive implementation of relevant measures.

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