WFS Ground Italy sold to Inceptus SpA
Worldwide Flight Services (WFS) sold its ground handling business in Italy to Inceptus SpA.
May 29, 2017
By PLA Editor
Air & Cargo Services air cargo Air Cargo Asia air cargo freight Air Forwarding air freight Air Freight Asia Air Freight Logistics air freighter air freighting Air Logistics Asia Air Shipping Asia airlines cargo airways cargo asia cargo news cargo aviation Inceptus SpA WFS Ground Italy Worldwide Flight Services
Worldwide Flight Services (WFS) sold its ground handling business in Italy to Inceptus SpA. The sale of WFS Ground Italy to Inceptus SpA was completed on 19 May 2017, and WFS will no longer be involved in ground handling activities in Italy.
Following the deal, Inceptus SpA will continue to utilise the WFS Ground Italy name until the end of August 2017 as per the agreement. On the other hand, WFS will continue to own and operate its growing cargo handling business in Milan.
John Batten, EVP Cargo Europe Middle East & Asia and acting EVP Europe Ground Handling at WFS, said “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.”