History
The airline was established in September 1995 and started operations in April 1996. It was founded by Peter Fox, the airline's Chairman, and obtained its operating certificate on April 24, 1996. It is wholly owned by Cargo Holdings International (CHI) and has 265 employees (at June 2011).
On November 2, 2007, Cargo Holdings International, the parent company of CCIA entered into an agreement to be acquired by Wilmington, OH-based ABX Holdings, Inc. The company along with sister company Air Transport International will be run as separate companies under the Air Transport Services Group umbrella.
CHI and ABX Holdings have entered into an agreement under which ABX Holdings will purchase the stock of CHI. After the closing of that transaction, CHI and its wholly owned subsidiaries will be held by ABX Holdings as the parent company. ABX Air, Inc., Capital Cargo International Airlines, Inc., and Air Transport International Limited Liability Company will each continue to operate as separate and independent air carriers. Cargo Aircraft Management, Inc. and LGSTX Group, Inc. will also continue to operate as wholly owned subsidiaries of CHI.
Read more about this topic: Capital Cargo International Airlines
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