So sad – total price for Alitalia Cargo? $19 million….

February 23, 2009 by SwizStick  
Filed under Air Cargo, Airlines

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An apology to any Alitalia fans out there, but this is simply embarassing. Alitalia Cargo is being purchased by Cargoitalia for a whopping $19 million – that’s it. This comes after the airline declared bankruptcy back in September. More from Air Cargo World:

Cargoitalia told Augusto Fantozzi, Alitalia’s bankruptcy commissioner, that the sale must be completed by March 9. It said it would hire 15 pilots within one month of closing the deal and another 15 pilots for each MD-11 that enters the fleet over the next two years.

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