Volga-Dnepr plans new logistics deals

Russian air cargo company Volga-Dnepr says it is not planning an IPO in the immediate future. First, it plans to settle outstanding issues with the company's shareholders. New logistics deals may follow.

The company recently signed a long-term deal with to provide logistics for the 787 aircraft and says new deals are on the way.

CEO of Volga-Dnepr Airlines, Aleksandr Isaykin, comments on the situation: “As it is often the case, after we have signed a logistics deal with Boeing it opened the gate for other companies. That is why we are currently negotiating with another major American corporation which also needs this kind of systematic and global logistics.”