Sixty-five years after Aristotle Onassis founded Greece’s Olympic Airways, another shipping entrepreneur is planning to take to the skies – this time in Italy, where Gianluigi Aponte’s MSC has its sights on the successor company toThe 81-year-old, known as “the captain” after building his shipping empire from a single vessel, is hoping to forge an air freight and passenger business to dovetail with MSC’s sea cargo and cruise operations.
In December, MSC made a 5.7-billion-euro bid for Vincent Bollore’s African logistics business, making an offer for ITA look relatively small by comparison. The plan is for MSC to use its unique position with assets in logistics, ports, sea freight, as well its passenger cruise and travel businesses to create a platform to scoop up more business and build on both cargo and passenger aviation trade.
Economy Minister Daniele Franco on Friday, February 11, officially launched the process to find a partner for ITA, saying the government would initially retain a minority stake. In an unexpected move in 2019, MSC hired Soren Toft from Maersk, who formally started as MSC’s chief executive in December 2020 to work alongside Aponte senior and son Diego Aponte, who is the group’s president.
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