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Etihad sets up cargo forwarding base in northern Italy.

Summary: Etihad is building the facility as part of a wider agreement to develop cargo services at Parma Airport

Staff Report

Dubai:

Etihad Airways said on Monday it is setting up a cargo forwarding facility in Parma, northern Italy, to feed its operations at Milan Malpensa airport.

Etihad is building the facility as part of a wider agreement with Parma Airport to develop cargo traffic exclusively at the airport, according to an emailed statement.

Parma, located 178 kilometres from Milan's Malpensa, is a regional airport with few scheduled services, according to its website.

Etihad will initially build the cargo transit centre at Parma Airport used for receiving cargo to be forwarded to Malpensa, the statement said.

The statement said the new service will be operational by July 2016 but did not say how much Etihad is investing in the project.

Etihad did say it is developing the project in conjunction its cargo division, Etihad Cargo, and airlines minority owned by the Abu Dhabi-carrier. Etihad owns stakes in four European airlines, including Italy's national carrier Alitalia, along with three other carriers.

"This agreement with Parma Airport is a further demonstration of our confidence in Italy," Etihad Cargo vice-president David Kerr said.

Etihad operates six weekly freighter services from Milan, four to Abu Dhabi and two to Bogota in Columbia.

Parma Airport chairman Guido Dalla Rosa Prati said the agreement "will generate new business opportunities" for the region while Alberto Figna, chairman of the Parma Industrialist's Union, said it "is confirmation of the potential of this airport."

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Publication:Gulf News (United Arab Emirates)
Geographic Code:7UNIT
Date:May 2, 2016
Words:271
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