Outsize cargo carrier Volga-Dnepr has won a prestigious award.

The Stansted-based airline received the accolade from the Russian Institute of Economic Strategies and Economic Strategies magazine, which named the Volga-Dnepr Group its Company of the Year 2004.

It is in recognition of the Russian airline's strategic potential.

According to the judges, Volga-Dnepr was honoured for its "successful combination of charter and scheduled transportation using the unique Antonov AN-124-100 and Boeing 747-200 aircraft".

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