The M&A window of opportunity is wide open
The bigger the better, on merit
Italy, the third largest cargo market in Europe, is set to regain longhaul flights and a new cargo hub, following Etihad buying a 49% share in flagging carrier Alitalia last week.
Alitalia Cargo is set to be rejuvenated, with additional investment put into cargo facilities at Milan Malpensa.
“Cargo is an important part of the mix,” said James Hogan, CEO of Etihad, at a press conference. “We will put cargo through Malpensa. There are key destinations around the world we can serve.”
And ...
European port congestion now at five-to-six days, and getting worse
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