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Boeing to sell 10 cargo aircraft to Russian carrier Volga-Dnepr

Boeing Co., the world's second-largest commercial-aircraft maker, will deliver 10 Boeing 747-8 and 747-400 ERF jets to Volga-Dnepr, a Russian cargo carrier whose customers include NATO forces as well as rock stars.

Chicago-based Boeing and Volga-Dnepr will sign a number of agreements on strategic cooperation March 12, the Moscow-based airline said in an e-mailed invitation today. Volga-Dnepr is the global leader in oversized cargo, with more than 50% of the market. The United Nations uses its big-bellied An-124 airplane for peacekeeping missions and entertainers including Madonna, Michael Jackson and the band U2 use the aircraft for world tours. (Bloomberg)