Russian air cargo need airport funding, says Isaikin

RUSSIA must continue to invest in airport infrastructure to ensure its air cargo industry thrives, says Volga-Dnepr Group’s president, Alexey Isaikin (right).

Isaikin suggest strong sustainable growth will see Russia benefit from higher than average gains in export and import traffic as well as the development of a substantial multi-billion dollar domestic air cargo market. This will also stimulate the market for Russian-built cargo aircraft and bring new employment and growth opportunities for businesses involved in supplying components and other services to aircraft manufacturers.

“Over five years, our scheduled cargo airline, AirBridgeCargo Airlines, has increased its cargo volume processed through Moscow’s Sheremetyevo and Domodedovo Airports to 300,000 tons. Our growth has served as the basis for the establishment and development of the elementary cargo infrastructure at the two leading airports of Russia and we hope their development will continue to keep pace with air cargo growth forecasts because this will bring important benefits to the Russian economy.

“Four modern cargo hubs in Moscow, St. Petersburg, Vladivostok and Novosibirsk or Krasnoyarsk, each having one million tons capacity, could generate $24 billion of revenue from processing air cargo.”

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