Mediterranean Shipping Company (MSC) has acquired a majority stake in Milan-based airfreight carrier AlisCargo Airlines. This move comes as MSC aims to expand its air cargo operations. The deal is set for completion in early 2024, and AlisCargo will resume operations with a Boeing 777 freighter. The carrier is the sole Italian airline dedicated to intercontinental goods transportation.
MSC’s acquisition of AlisCargo Airlines allows it to enhance its air cargo solution capabilities and provide customers with a consistent offering. MSC Air Cargo currently operates two aircraft managed by Atlas Air Worldwide on routes between Europe, Central America, and Asia, with two more aircraft to be added soon. Within the next 12 months, MSC Air Cargo plans to have a new operating license and a fleet of five widebody aircraft.