Captain Giuseppe Gentile plans to launch Italian Airways as early as summer 2018. The new carrier is also pursuing a feeder agreement with Ryanair out of Milan Bergamo, Italy's third largest airport.
The business plan is backed by 50 million euro, and headed by by the entrepreneur, Giuseppe Gentile, who founded Air Europe and Air Italy, and was the CEO of Eurofly.
Italian Airways plans to intially fly only from Milan Bergamo to North, Central and South America, utilizing leased B777-200s with 340 seats. The carrier is still awaiting its AOC, "but we will not have problems", assures Mr. Gentile, who expects to airline to reach its goal of 5,000 employees.
The agreement with Ryanair, the result of meetings with CEO Michael O'Leary, hopes to come to fruition by the launch date. The flights will be fed into the carrier's base at Milan Bergamo.