Volga-Dnepr Group has appointed Paul Nolan, a leading expert in aircraft trading, remarketing and leasing, as Fleet Development Director.

Paul has worked in aviation commerce for more than 30 years, most recently spending more than 15 years as Senior Vice President, Aircraft Asset Management, for DVB Bank SE, the world’s leading dedicated international transportation finance institution, covering clients in the EMEA region, Japan, India, Russia and the CIS. He has also held management positions at Rolls-Royce, the Royal Bank Canada and the Industrial Bank of Japan.

As one of the most respected professionals in this specialist field, Paul has led international aircraft leasing and investment projects, and also brings to Volga-Dnepr Group long-term experience of commercial and legal consulting on aircraft sales and deliveries. In his new role, Paul will be responsible for the efficient fleet development of Volga-Dnepr Group’s cargo airlines in accordance with their adopted strategies and customers’ and partners’ service needs.

“I am very happy to be joining an ambitious and fast-growing airline Group which is recognised by customers all over the world for the quality of its operations and extensive service capability. Throughout its 28-year history, Volga-Dnepr Group has been successfully implementing its strategic plans steadily and consistently, and I intend to contribute to this ongoing progress by applying my knowledge and expertise to the benefit of the Group’s airlines and their customers,” Paul commented.

He will officially take up his new post on 1 May 2018 and will be based in London.