CargoLogicAir not affected by ban on Russian airlines in UK | News

London-based cargo specialist CargoLogicAir is unaffected by the British government’s decision to ban Russian carriers from its airspace.

In response to the invasion of Ukraine by Russian forces, the Department for Transport (DfT) issued a NOTAM on February 25 banning from British airspace any “aircraft owned, chartered or operated by a person connected with Russia , or which is registered in Russia”.

“The Department will investigate any potential NOTAM violations banning all Russian-owned aircraft if we have information to suggest this may be the case,” it adds, pointing out that CargoLogicAir is “a UK-registered airline. United”.

As the DfT notes, CargoLogicAir is a UK-registered company with an Air Operator’s Certificate (AOC) issued by the country’s Civil Aviation Authority. It operates a pair of Boeing 747-400 Freighters, both registered in the UK (G-CLAA/G-CLBA).

The FlightRadar24 flight tracking site shows that the two jumbo jets have made numerous flights to Europe, the Middle East and North America over the past week. G-CLAA departed for Los Angeles from East Midlands Airport on March 4, while its sister plane arrived at London Heathrow on March 3 after a service from Atlanta.

CargoLogicAir describes itself as “the great British cargo airline”.

CargoLogicAir’s accounts reveal that the ‘ultimate controlling party’ of the business is Alexey Isaykin, through his 100% stake in parent company Cargo Logic Holding, another UK-registered company.

Isaykin – a Soviet-born entrepreneur with Cypriot nationality – is a director of CargoLogicAir and Cargo Logic Holding; US national Konstantin Vekshin is also a director of CargoLogicAir.

Additionally, Isaykin is Chairman of Volga-Dnepr Group and Director of Volga-Dnepr UK, while Vekshin is Managing Director of Voga-Dnepr Group.

The Volga-Dnepr Group includes cargo carriers Volga-Dnepr Airlines, AirBridgeCargo and Atran – all of which are banned from UK and European airspace.

Other companies in the Volga-Dnepr group – described as “related parties” to CargoLogicAir – also guarantee leases covering the British company’s fleet, or have provided loans, according to Cargo Logic Holding’s accounts.

CargoLogicAir did not respond to multiple requests for comment.

Sister company CargoLogic Germany, which has a small fleet of 737-400 freighters, also continues to operate from its base in Leipzig.

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