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Cargoitalia
Etihad-Alitalia deal is sealed, cargo to be resurrected
Etihad Airways and Alitalia have finally sealed their partnership, making the financially troubled Italian legacy carrier the eighth airline in Etihad’s Equity Alliance. Under the agreement, Etihad will invest €560 million in Alitalia for a 49 per cent stake. Relaunching and expanding Alitalia’s cargo business to serve the Italian market, Europe’s third largest, is a key part of the Gulf carrier’s strategy, Etihad CEO James Hogan said after signing the deal on 8 … [Read more...] about Etihad-Alitalia deal is sealed, cargo to be resurrected
Cargoitalia continues its cargo roll
Cargoitalia has reported a continuing improvement in performance for the first six months of operations in 2010, building on the strong start made in its first four months of operations, it said. From January-June 2010, the airline operated scheduled services on three routes: Milan (Malpensa) – New York (JFK), Milan - Chicago, and Milan - Dubai - Hong Kong, during which Cargoitalia flew a total of 173 rotations including charter flights. Average monthly utilisation was up 60 per cent … [Read more...] about Cargoitalia continues its cargo roll
Italy’s ‘reborn’ Cargoitalia takes to the skies
With the ongoing severe downturn in the air cargo market punishing carriers with impunity, the obvious starting point for a discussion of the new carrier centres on timing. “We hope it’s the right time,†says Cargoitalia S.p.A.’s commercial director Roberto Gilardoni with evidentoptimism. The original plan was somewhat delayed, he says – a result of hiccups with the acquisition and issues relating to the AOC. “Originally we were supposed to … [Read more...] about Italy’s ‘reborn’ Cargoitalia takes to the skies
Cargoitalia receives AOC but postpones scheduled services
Cargoitalia, the Italian international all-cargo carrier relaunched under new ownership, has received its AOC (Air Operator's Certificate) but has said it will now delay the planned start of scheduled services until September. The carrier said the receipt of its AOC meant flights could now commence using Cargoitalia's recently-delivered first MD11F. Although it had originally intended to begin services in May, the carrier said that due to the depressed air cargo market it would instead operate a … [Read more...] about Cargoitalia receives AOC but postpones scheduled services
Cargoitalia set to return to the skies
Cargoitalia – the Italian all-cargo airline being re-launched under the new ownership of ALIS – has taken delivery of the first of three MD11SF freighters, which has a 90 tonne payload and 3, 600 nm range. The first aircraft was formerly operated by Alitalia Cargo, and is currently undergoing certification with Italy’s civil aviation authorities. After this, it will enter commercial service. The second aircraft (EI-UPE) is scheduled to arrive during July, with a … [Read more...] about Cargoitalia set to return to the skies