dnata now a majority shareholder at Airport Handling
dnata has exercised its option to acquire an additional 40% share in Airport Handling, the Milan-Italy based ground handler to 70%. With majority representation on the board, dnata has already been managing the day-to-day operations of the company since its original investment in 2016.
Airport Handling, which was founded in 2014, provides a variety of passenger, ramp and baggage services to over 60 airlines at Milan’s two airports, Malpensa (MXP) and Linate (LIN). dnata’s further investment in Airport Handling underlines its commitment to the Italian market, where it also operates catering facilities at 22 airports.
“We are confident that dnata and our stakeholders will benefit from this strategic acquisition, which underscores our broader vision and commitment to the Italian market,” commented Stewart Angus, Divisional Senior Vice President for dnata International Airport Operations & Associated Companies.
Over the past seven years, dnata has steadily expanded its international airport operations with a series of partnerships and acquisitions. dnata now provides over 300 airline customers with ground handling, cargo and catering services at 130 airports across six continents.