LE BOURGET, France -- Volga-Dnepr Group and GE Aviation renew their strategic partnership that utilizes the two companies' unique strengths and expertise to develop collaborative solutions to benefit each company and their customers.

This agreement, first announced in 2016, incorporates a long-term Logistic Support Program in which Volga-Dnepr Group's Boeing 747-8F and An-124 freighters will continue to provide transportation support for GE Aviation and other GE businesses. It also includes marketing efforts, business growth opportunities, digital collaboration and leadership training between the two companies.

The agreement builds on the successful 20-year partnership between Volga-Dnepr and GE and further strengthens the companies’ commitments to each other. The benefits from these efforts are widespread for customers and the global air transportation market.

"We perceive GE Aviation not just as a leading vendor of engine and services. The company stands out as our reliable partner and this cooperation has been strengthened over many years through our successful Antonov 124 charter operations and Boeing 747 scheduled services for GE companies. By renewing our strategic partnership, we will continue our efforts to further develop new solution for the global air transportation market," said Tatyana Arslanova, Vice President for Strategic Management, Volga-Dnepr Group.

"Volga-Dnepr has set itself apart in the international air logistics and cargo market, and our two companies have forged a strong relationship over the years," said Bill Fitzgerald, vice president and general manager of Commercial Engine at GE Aviation. "This strategic partnership enables us to continue creating winning solutions for both Volga-Dnepr and GE and allows each of us to take advantage of the other's core competencies to benefit our businesses and our customers."

About Volga-Dnepr
Volga-Dnepr Group is the world leader in the unique, oversize and heavy cargo market, successfully representing the Russian airfreight industry in the international market since 1990. The Group's companies include the charter operator Volga-Dnepr Airlines, AirBridgeCargo Airlines (ABC) and Atran Airlines. Volga-Dnepr charter cargo operations use unique An-124-100 and IL-76TD-90VD heavy transporters, and scheduled cargo operations use the fleet of Boeing 747 and Boeing 737 freighters.  The current ABC fleet includes 18 Boeing 747s (12 Boeing 747-8F, four Boeing 747-400ERF and two Boeing 747-400F). Volga-Dnepr Technics (VDT) provides a wide range of aircraft Maintenance Repair and Overhaul (MRO) services. Volga-Dnepr Group Engineering and Logistics Center provides comprehensive logistics services. For more information, visit www.volga-dnepr.com

About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world’s Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive.