Volga-Dnepr commits to 20 more Boeing 747-8 freighters

Russian cargo airline Volga-Dnepr Group has signed a memorandum of understanding for 20 additional 747-8 freighters valued at $7.4 billion at list prices, planemaker Boeing (BA.N) said at the Paris air show on Wednesday. Under the agreement, Volga-Dnepr will also provide its Antonov-124-100 aircraft for the transportation of aviation equipment for Boeing and its partners, Boeing said. "For Volga-Dnepr Group, adding more 747-8 freighters will allow development of the group's scheduled business, AirBridgeCargo Airlines, and keep the airline's high growth rates," Boeing said.

Volga-Dnepr commits to 20 more Boeing 747-8 freighters source: http://finance.yahoo.com/news/volga-dnepr-commits-20-more-080055981.html