Cargoitalia (placed in liquidation, 2011)

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2011

December - Cargoitalia, the Italian cargo carrier, was declared bankrupt. It ceased all operations due to mounting financial losses and the airline was dissolved and liquidated.
Cargoitalia was the first all-cargo airline operating in Italy with Italian capital and resources, established in November 2003, it had ceased operations when it was was acquired in December 2008 by ALIS (Italian Airlines).

The acquisition of Cargoitalia was followed by the purchase of key assets of the "full cargo" division of Alitalia. MD11 freighters were acquired, a new management team was put in place, the airline acquired its AOC, and operations began a new in September 2009.

Operating from Milan Malpensa Airport, at the heart of Italian air cargo, Cargoitalia operates a fleet of MD11SF all-cargo aircraft, to destinations which include North America, the Middle East and the Far East.

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