[3] In April 1995, the airline hosted a meeting of companies involved in the design, manufacturing, and operation of the An-124, creating a Joint Coordination Council to plan and implement improvements for that aircraft model.

[8] In April 2000, the privately owned Russian defense industry investor Kaskol Group acquired a 16% stake in the airline, of which the majority was from the Ukrainian state property fund.

[20] Yakovlev claimed to provide consulting services and billed in excess of US$700,000 to Volga-Dnepr in order to help them win tenders.

[22] As of 2019, following years of sustained effort to institute extensive measures (e.g., external annual audits and a strong Code of Ethics) to address and ensure proper employee conduct in procurement matters.

Despite a FOIA action which it eventually abandoned, Volga-Dnepr never received a United States Department of Defense explanation for its removal from the TRANSCOM vendor list.

From the redacted reports obtained by journalists, however, it was heavily implied, but never proven, that Volga-Dnepr was blacklisted by the US military for delivering Russian-built fighter aircraft on behalf of Rosoboronexport to Vietnam in December 2014.

Notably, during that same year, the U.S. Army took delivery from Rosoboronexport of the last lot of Russian-built Mi-17 helicopters (45 in all) which it had purchased for transfer to Afghanistan, and U.S. Secretary of State John Kerry lifted U.S. sanctions against Vietnam.

[24] In August 2015, Volga-Dnepr paid $11,250 for a speaker's fee for Michael T. Flynn's appearance at a Washington, D.C. event on economic security in the Middle East it co-hosted with another American company.

[24] Because of Volga-Dnepr's crucial airlift role in the U.S. war effort in Iraq and Afghanistan, the company had become acquainted with a wide variety of senior U.S. military and diplomatic officials, active and retired.

As the company later explained: "At that time General Flynn was a retired military officer, not a member of President Trump's election team, and his nomination as National Security Adviser more than a year after the conference was not a factor in his being invited as a speaker".

[26] According to Moscow Defense Brief, the company has transported excavators and yachts, missile launchers, airplanes, helicopters, elephants, whales, mini-factories and power plants, Beaujolais Nouveau wine, and unique museum collections over the past 18 years.

Due to the mountainous nature of the terrain and 350 inches of rainfall a year, this task was extremely difficult to accomplish using conventional means.

[29] On 18 May 2020, a wrapped up for shipment, the first stage of the Atlas V rocket that will launch NASA's Perseverance rover arrived at Cape Canaveral aboard a Ukrainian-built Antonov An-124 cargo plane.

[30] In July, 2020, Volga-Dnepr Airlines partnered with freight forwarder Geodis to complete 48 An-124 flights delivering medical supplies to France.

[31] On February 18, 2022, Arianespace released a video on YouTube about OneWeb-18's behind the scenes, where it showed that Volga-Dnepr's An-124 always deliver OneWeb satellites to Kourou, French Guiana.

[35] The Volga-Dnepr Airlines fleet includes the following aircraft (as of January 2018):[36][needs update] The airline's first upgraded Ilyushin Il-76TD-90VD, fitted with Stage IV compliant PS90 engines, was delivered in June 2006 and has been heavily used on cargo charter flights to Europe, North America, Australia, and Japan, from where the freighter had previously been banned due to changes in environmental and noise legislation.