Alis buys Alitalia Cargo

ALIS has bought the remains of Alitalia Cargo from Augusto Fantozzi, the state commissar who controls what is left of the old Alitalia.

Alis paid US$18 million (€14.5 million) for the company. When operational it will have three MD-11Fs and 15 former Alitalia pilots working out of Milan Malpensa Airport. The first freight will be delivered in March, the second in May and the third in the autumn.

Alitalia Cargo ceased operations in January when the investor group CAI refused to buy it along with the rest of Alitalia.

For more information on the history of the deal see Air Cargo News number 646.

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