Gandalf Airlines shares are skyrocketing on the Italian Nuovo Mercato! Rumours are someone is trying to lift the airline out of the water and turn it into a low cost carrier or charter operation...
Air Italy Flight Ops Dept is in the hands of Mr Rusconi, Capt Senesi & Capt Garbagna (all former Minerva big wigs). The base is in Brescia and they will start operations with two B767s in November. There are 20 entrepreneurs from the Brescia area behind the operation. Most of the instructors will be former Air Europe Italy.
As far as Hapag-Lloyd Italy rumour is the base will be Bergamo with 8 B737-800s doing charter work to Canaries, Sharm-el-Sheik, Zanzibar, etc. Operations should start in March 2002. Who knows they may buy the Gandalf AOC!!