One of the world’s leaders in the global market for the movement of oversize, unique and heavy air cargo, Volga Dnepr Group,  recently announced they would continue to expand their strategic partnership at Leipzig/Halle Airport with Mitteldeutsche Flughafen AG (MFAG). The expansion will cover the areas of air freight and logistics.

A Memorandum of Understanding (MOU), has been agreed upon and signed by both companies, the signing took place at the 53rd International Paris Air Show in Le Bourget and was witnessed by Dr Matthias Hass, Minister of Finances for the Saxon State.

Volga-Dnepr and MFAG will work in conjunction drawing from their shared resources in creating an effective logistics system in Leipzig/Halle Airport to boost cargo infra-structure development. This collaboration aims to make Leipzig/Halle a multimodal freight hub for scheduled and charter operations of the Volga-Dnepr Group.

The new agreement will further boost Cargo Hub Leipzig/Halle; fresh investments of up to EUR 500 million are imminent that will allow for the facility to significantly expanded over the next few years.

The collaboration will also see focused cooperation in the marketing, sales and development aspects of the business that will result in an additional 500 jobs being created as part of the arrangement.

Volga-Dnepr Group Executive President for Charter Cargo Operations, Konstantin Vekshin said, “We have been striving to set up and develop an effective system of regional hubs throughout the world to secure timely response to our customers’ requirements, specifically, given a recent trend involving greater share and volumes of special loads. Nearly three decades of our experience, bolstered by knowledge and expertise will serve as a guarantee for the transformation of Leipzig airport into a vertically integrated multimodal hub.”

Minister of Finances in the Free State of Saxony, Dr Matthias Hass added, “The long-term commitment by the Volga-Dnepr Group is a huge success story for Leipzig/Halle Airport. This achievement in attracting the company once again shows that we’ve adopted the right course at the airport. Leipzig/Halle Airport will make major investments during the next few years. This will create more jobs, and the complete Leipzig/Halle region will benefit as a result. This is what I think successful site development with strong partners should look like.”

Mitteldeutsche Airport Holding CEO, Götz Ahmelmann, said, “Our strategy for Leipzig/Halle is clear. There are capacity bottlenecks in air traffic across Europe. We have the capacity reserves that are urgently required. We’re delighted that the Volga-Dnepr Group, one of our most important partners, is now taking the next step in its development. The signing of the MOU is another milestone in our cooperation arrangement that is based on trust. We want to continue developing the Cargo Hub Leipzig/Halle together.”