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Name: CARGOITALIA
7JetSet7 Code: CGT
Status: Currently Not Operational
Region: EUROPE
City: MILAN
Country: ITALY
Employees 105
Web: cargoitalia.it
Email: elena.bollazzi@cargoitalia.it
Telephone: +39 0331 66 36 63
Fax: +39 0331 30 18 75
Sita:
Background
(definitions)

Click below for data links:
CGT-LOGO
CGT-RELAUNCH-JUL09

Formed and started operations in 2006. International, charter, cargo, jet airplane services.

Address:
Via del Gregge 100
I-21015 Lonate Pozzoto (VA), Italy

ITALY (ITALIAN REPUBLIC) WAS ESTABLISHED IN 1861, IT COVERS AN AREA OF 301,268 SQ KM, ITS POPULATION IS 58 MILLION, ITS CAPITAL CITY IS ROME, AND ITS OFFICIAL LANGUAGE IS ITALIAN.

April 2006: Founded by Air Logistic Holding, wholly owned by German equity group Syntek Capital (59.8%), and Tristar, an investment company owned by the carrier's founders (40.2%).

... More

Fleet:
(definitions)

Click below for photos:
CGT-DC-10
CGT-MD-11F-JUN09

January 2012:

0 747-200F, (TWX) WET-LSD. RTND. FREIGHTER.

3 ORDERS 747-400F. FREIGHTER:

1 DC-10-30F (CF6-50C2) (335-47843, /80 N331FV, (SEE PHOTO)), ROTOR TRADE LSD 2006-05. FREIGHTER.

3 MD-11F (CF6-80C2D1F) (468-48426, /92 EI-UPA; 471-48427, /91 EI-UPE 2009-09; 474-48428, /91 EI-UPI - - SEE PHOTO - - "CGT-MD-11F-2009-06;" 600-48766, /96 EI-EMS, 2010-06), EX-(ALI), (AWW) LSD 2009-05. 48426; RTND (AWW) & LST (TWX) 2009-09. FREIGHTER.

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Management:
(definitions)

Click below for photos:
CGT-CEO
CGT-CFO
CGT-CHMN NOV07
CGT-HR DIR
CGT-LETIZIA
CGT-MGMNT
CGT-VP FLT OPS
CGT-VP GRD OPS
CGT-VP ME
CGT-VP PERS

STAN WRAIGHT, CHAIRMAN EX-(ABC)/(VDA)/(KLM)/(TLS) (2007-09).
September 2007: If there is one thing Stan Wraight likes doing it is starting up an airline. And he’s doing it again, for the fourth time.
The cargo industry veteran is now in Italy where he is Chairman of CargoItalia (CGT), a Milan Malpensa Airport based, all-cargo carrier, that is seeking to make a name for itself in Europe’s competitive freight market.

Wraight hit the ground running at (CGT) in early September, bringing his deep experience in the cargo business and a rich contact book, to the Italian outfit after several years at Volga-Dnepr (VDA) Group. While at the Russian firm, which has made its name carrying outsize freight on its fleet of Antonov An-124s, he was instrumental in taking (VDA) into the scheduled freight world with the launch of AirBridgeCargo Airlines (ABC).

“The timing was right for me to leave. (ABC) is well established and is in good shape to be successful,” he says, with a good management team, business plan and fleet in place. Wraight was approached by (CGT)’s owners, the Syntek Capital group, and the founder of the carrier ex-Alitalia Cargo Head, Massimo Panagia, to give it a strong figurehead.

Syntek, with its connections to some powerful Italian industrial families, is privately owned and made up of long-term investors. “They are looking at [(CGT)] as an industrial business rather than as venture capitalists,” says Wraight. The carrier is fully-capitalised with zero debt, he adds. All of these points were critical to Wraight’s decision to come on board, and he is up for the challenge. “It’s like starting all over again – I’m doing what I love: helping to get a business off the ground, growing it, getting airplanes and positioning it as a player in the industry,” he says.

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