MSC acquires majority stake in AlisCargo Airlines

MSC has announced that it has acquired a majority stake in Milan-based airfreight carrier AlisCargo Airlines. The deal, which is expected to close in early 2024, will give MSC full control of AlisCargo’s operations and fleet.

Commenting, MSC Air Cargo Senior Vice President Jannie Davel said:

 “The acquisition of a majority share in AlisCargo Airlines is a step towards expanding MSC’s Air Cargo solution capabilities, and ultimately providing our customers with a quality and consistent offering. I am equally proud that we have found a partner that shares a common vision with us and has built a strong foundation for which we hope to further develop.”

AlisCargo Airlines was founded in 2019 by the Leali Group, which also owns Air Dolomiti. The airline currently operates two aircraft managed by Atlas Air Worldwide.

Following the completion of the acquisition, MSC Air Cargo will have a new operating license and a fleet of five wide-body aircraft. The company said the deal would allow it to expand its air cargo network and “better serve our customers’ needs.”

Photo credits @ Ardfern, CC BY-SA 4.0, via Wikimedia Commons