Wednesday, July 24, 2024
WFS sells ground handling business in Italy

WFS sells ground handling business in Italy

Worldwide Flight Services (WFS) has sold its ground handling business in Italy to Inceptus SpA – but will continue to own and operate its growing cargo handling business in Milan.

Since June 2015, WFS has operated the ATA business, a ground handler in Italy, through its subsidiary WFS Ground Italy.

On 19 May, WFS completed the sale of WFS GI to Inceptus SpA, and WFS is no longer involved in ground handling activities in Italy.

WFS executive vice president (EVP) for cargo in Europe, Middle East & Asia and acting EVP Europe for ground handling, John Batten says: “We believe this development is in the best interests of all parties, and especially the ground handling customers and employees of WFS Ground Italy and ATA.

“Inceptus plans to continue the operations of both companies in all existing airports and for all existing customers. It has also convinced us of its intention to provide great service and grow its ground handling business in Italy with the help of the existing management team. We will provide all of the necessary support to ensure a seamless transition to the new owners.”

Under the terms of the agreement, Inceptus SpA will continue to utilise the WFS Ground Italy name until the end of August 2017.

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James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.

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