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TrueStar Group

Full company profile

uuid000g9io

Namestring
TrueStar Group
Legal namestring
True Star Group S.r.l.
Company typeenum
Private
Founded yearint
1993
Descriptiontext

TrueStar Group S.r.l. is an Italian airport services operator founded in 1993 (originally as SecureBag Italia, rebranded in 2005) and headquartered in Gallarate, near Milan. The company provides passenger assistance and luggage protection services at airports, operating through airport concession agreements to deliver a transaction-fee service model directly to consumers at departure-area sales outlets. Its core offering centers on protective baggage wrapping using proprietary tape-winding machines (originally patented in 1993) combined with insurance coverage and integration with the SITA WorldTracer baggage tracking system used by IATA member airlines.

The product portfolio comprises the Standard Package (one-way wrapping, tracking, and insurance), the Come Back Package (round-trip extension), Bag Check (weight verification against airline excess fees), Bag Concierge (passenger escort assistance), Travel Accessories, and Luggage Storage. In 2019, TrueStar became the first company in its sector to introduce a 100% biodegradable protective film derived from vegetable raw materials. Technology investments include the first global connection and control software for machines (2000), an image-bank remote management architecture (2015), and a 2017 digital transformation of its sales outlets. The company holds ISO 9001, OHSAS 18001, REACH, FCC, RoHS, and Biodegradability certifications.

TrueStar operates 111 sales points across 46 international airports in 14 countries spanning Europe, Latin America, Asia, and Oceania, supported by 127 wrapping machines and 620+ employees. It wraps approximately 4.6 million suitcases annually with reported annual turnover of €32 million. The company secured institutional investment from Fondo Italiano d'Investimento in 2011 and is led by founder and CEO Fabio Talin. Services are restricted in Israel, and the business experienced material disruption from COVID-19 airport closures beginning in early 2020.

Short descriptiontext

TrueStar Group is an Italian airport services operator providing luggage wrapping, tracking, insurance, and concierge services at 111 sales points across 46 airports in 14 countries, serving individual air travelers through concession-based B2C transactions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersMilan, Italy
HQ citystring
Milan
HQ countrystring
Italy
HQ regionstring
Europe
Markets served

Serves global market

Offices15 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
airport luggage wrapping, baggage protection services, luggage tracking insurance, airport concierge services, passenger travel accessories
Industry2 codes
1Baggage Services (Porters, Wrapping, Storage, Lost & Found)
CodeTHABALAGPrimaryYes
2Baggage & Personal Effects Insurance
CodeFSAJAJAEPrimaryNo
NAICS code2 codes
  • Airport Operations48811
  • Warehousing and Storage493
SIC code1 code
  • Airports, Flying Fields & Airport Terminal Services4581
Product category
Airport Passenger Services
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model7 records
1Luggage Wrapping Services
TypeTransaction Fee
Description

Protective wrapping service for baggage at airports, priced per unit. Wrapping takes 30 seconds and adds approximately 100 grams to baggage weight.

truestargroup.com
2Baggage Tracking Services
TypeTransaction Fee
Description

Identification and tracking service for wrapped baggage using SITA WorldTracer integration, supported by dedicated call center

truestargroup.com
3Insurance Coverage
TypeTransaction Fee
Description

Compensation coverage for damage, theft or loss of baggage. Standard package covers one-way; Come Back package extends coverage to return journey.

truestargroup.com
4Bag Check Service
TypeTransaction Fee
Description

Weight verification service allowing passengers to check baggage weight before check-in to avoid airline overweight fees. Scale capacity 0.5-180 kg.

truestargroup.com
5Bag Concierge Service
TypeTransaction Fee
Description

Personal assistance service for passengers with luggage handling, check-in accompaniment, and airport escort services

truestargroup.com
6Travel Accessories
TypeHardware Sales
Description

Sale of travel accessories including comfort items, electronics, safety accessories, and foldable bags produced in partnership with Italian providers

truestargroup.com
7Luggage Storage
TypeTransaction Fee
Description

Baggage storage service at Santiago del Chile airport, offering practical and secure solutions for personal effects, 24 hours a day

truestargroup.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Pricing details5 tiers
1Standard Package - Luggage protection for one-way travel
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Includes protective wrapping, dedicated call center support, baggage tracking, and insurance coverage for damage, theft and loss on a single journey

truestargroup.com
2Come Back Package - Extended coverage including return journey
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Extends Standard Package coverage to return journey from same airport. Insurance coverage for return includes theft and loss only.

truestargroup.com
3Bag Check Service
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Weight verification service with capacity 0.5-180 kg, allowing multiple weighings within 1 minute

truestargroup.com
4Bag Concierge Service
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Price for up to 5 suitcases; cost per suitcase decreases for larger quantities. Transparent pricing with no hidden charges.

truestargroup.com
5Luggage Storage - Santiago del Chile
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Competitive and flexible rates based on storage duration (hourly and daily options available)

truestargroup.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

TrueStar Group operates airport-based luggage protection and passenger services, applying a protective biodegradable film to suitcases in approximately 30 seconds via patented wrapping machines. The company also provides baggage tracking through SITA WorldTracer integration with IATA member airlines, insurance coverage for damage, theft and loss, bag weight check services, a bag concierge, short-term luggage storage and travel accessories at sales points inside airport terminals.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 4.6 million suitcases wrapped annually
+3 more records
Product overview1 text field

TrueStar Group is an airport retailer providing a comprehensive suite of luggage protection and passenger services at airports worldwide. The core offering consists of protective wrapping services (Standard Package and Come Back Package) using 100% biodegradable film, supported by baggage tracking via SITA WorldTracer and insurance coverage. Additional services include Bag Check (weighing), Travel Accessories, Bag Concierge assistance, and Luggage Storage. The company operates across 14 countries at 46 international airports with 111 sales points and 127 wrapping machines, serving approximately 4.6 million bags annually.

Product and service3 records
1Protective Luggage Wrapping (Standard Package)
CategoryBaggage Protection
2Come Back Package
CategoryBaggage Protection
3Bag Check Service
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

Software and database provider for baggage tracking. TrueStar uses the same SITA WorldTracer system used by IATA member airlines, ensuring global tracking network coverage with real-time baggage movement information.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

TrueStar participates in WWF Action Network for environmental protection and WWF 'No plastic in nature by 2030' campaign to stop plastic pollution.

3United Nations Global Tourism Plastic Initiative
Strategic tierMinorTypeStrategic or Co-development Partner
Description

TrueStar adheres to the UN initiative for sustainable tourism, aligning with Sustainable Development Goals (SDGs) in the 2030 Agenda.

truestargroup.com
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership with carefully selected Italian providers for travel accessories including comfort items, electronics, and safety accessories sold at airport outlets.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1SITA
TypeOthers
Description

SITA is the technology partner whose WorldTracer baggage-tracking system TrueStar integrates with. As the dominant aviation IT vendor for baggage and passenger processing, SITA represents both an enabling ecosystem partner and a structural counterparty whose product roadmap influences TrueStar's service capabilities.

2Luggage Wrap
TypeDirect peer
Description

Luggage Wrap is a US-headquartered airport luggage-wrapping operator providing comparable protective wrapping, tracking, and insurance services at multiple US airports, making it a direct competitor in the same airport passenger-services niche.

TypeBroad incumbent
Description

Travelex is a long-standing airport retail operator (currency exchange, travel money, insurance) that shares TrueStar's high-traffic airport concession DNA and often occupies adjacent retail space in the same terminals, making it a broad-incumbent benchmark for airport retail economics.

TypeOthers
Description

While primarily a car-rental operator, Avis operates airport ancillary services including baggage and travel-protection products at many of the same airports TrueStar serves, representing an adjacent travel-retail competitor for airport concession space.

TypeBroad incumbent
Description

Swissport is the world's largest airport ground-handling and passenger-services company, offering a broad portfolio that touches on baggage handling and ancillary passenger services — overlapping with TrueStar's airport services niche but at much greater scale and breadth.

6Plastic Wrap & Bag Wrapping
TypeDirect peer
Description

BagWrap is the closest direct peer: a publicly traded luggage-wrapping service operating at airports worldwide with a near-identical offering of protective wrapping, tracking, and insurance for checked baggage, directly competing with TrueStar in the same niche.

TypeEmerging player
Description

Wrap-N-Roll operates airport luggage-wrapping kiosks in select regional airports, offering an overlapping service to TrueStar at smaller concession points and competing for similar travel-retail real estate.

TypeEmerging player
Description

Secure Wrap is an airport luggage-wrapping service operating at select European and Middle Eastern airports, providing a comparable wrapping and protection offering to travelers in markets where TrueStar has limited or no presence.

9BAGSTORE / StowEasy
TypeEmerging player
Description

StowEasy and similar luggage-storage startups are deploying self-service baggage storage at airports and train stations, competing with TrueStar's newly launched Santiago de Chile storage facility in the same passenger ancillary-services category.

10Airport Bag Wrapping UK
TypeRegional player
Description

UK-focused airport luggage wrapping service that offers comparable protective wrapping services at British airports, primarily competing with TrueStar in regional European geographies where TrueStar has limited concession presence.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TrueStar Group

Airport Passenger Servicestruestargroup.com

TrueStar Group is an Italian airport services operator providing luggage wrapping, tracking, insurance, and concierge services at 111 sales points across 46 airports in 14 countries, serving individual air travelers through concession-based B2C transactions.

What TrueStar Group does

TrueStar Group S.r.l. is an Italian airport services operator founded in 1993 (originally as SecureBag Italia, rebranded in 2005) and headquartered in Gallarate, near Milan. The company provides passenger assistance and luggage protection services at airports, operating through airport concession agreements to deliver a transaction-fee service model directly to consumers at departure-area sales outlets. Its core offering centers on protective baggage wrapping using proprietary tape-winding machines (originally patented in 1993) combined with insurance coverage and integration with the SITA WorldTracer baggage tracking system used by IATA member airlines.

The product portfolio comprises the Standard Package (one-way wrapping, tracking, and insurance), the Come Back Package (round-trip extension), Bag Check (weight verification against airline excess fees), Bag Concierge (passenger escort assistance), Travel Accessories, and Luggage Storage. In 2019, TrueStar became the first company in its sector to introduce a 100% biodegradable protective film derived from vegetable raw materials. Technology investments include the first global connection and control software for machines (2000), an image-bank remote management architecture (2015), and a 2017 digital transformation of its sales outlets. The company holds ISO 9001, OHSAS 18001, REACH, FCC, RoHS, and Biodegradability certifications.

TrueStar operates 111 sales points across 46 international airports in 14 countries spanning Europe, Latin America, Asia, and Oceania, supported by 127 wrapping machines and 620+ employees. It wraps approximately 4.6 million suitcases annually with reported annual turnover of €32 million. The company secured institutional investment from Fondo Italiano d'Investimento in 2011 and is led by founder and CEO Fabio Talin. Services are restricted in Israel, and the business experienced material disruption from COVID-19 airport closures beginning in early 2020.

TrueStar Group firmographics

Firmographics
Name
TrueStar Group
Legal name
True Star Group S.r.l.
Website
https://truestargroup.com
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
501–1,000 employees
Short description
TrueStar Group is an Italian airport services operator providing luggage wrapping, tracking, insurance, and concierge services at 111 sales points across 46 airports in 14 countries, serving individual air travelers through concession-based B2C transactions.
Ownership category
akta.pro rank

TrueStar Group industry classification

Industry
Product category
Airport Passenger Services
NAICS
Airport Operations (48811), Warehousing and Storage (493)
SIC
Airports, Flying Fields & Airport Terminal Services (4581)
akta.pro primary industry
Baggage Services (Porters, Wrapping, Storage, Lost & Found) (THABALAG)
akta.pro secondary industry
Baggage & Personal Effects Insurance (FSAJAJAE)

Keywords

  • Airport luggage wrapping
  • Baggage protection services
  • Luggage tracking insurance
  • Airport concierge services
  • Passenger travel accessories

Where TrueStar Group is headquartered

Location

Headquarters

HQ city
Milan
HQ country
Italy
HQ region
Europe

Offices15 records

Markets served

TrueStar Group business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

  1. Luggage Wrapping Services: Protective wrapping service for baggage at airports, priced per unit. Wrapping takes 30 seconds and adds approximately 100 grams to baggage weight.
  2. Baggage Tracking Services: Identification and tracking service for wrapped baggage using SITA WorldTracer integration, supported by dedicated call center
  3. Insurance Coverage: Compensation coverage for damage, theft or loss of baggage. Standard package covers one-way; Come Back package extends coverage to return journey.
  4. Bag Check Service: Weight verification service allowing passengers to check baggage weight before check-in to avoid airline overweight fees. Scale capacity 0.5-180 kg.
  5. Bag Concierge Service: Personal assistance service for passengers with luggage handling, check-in accompaniment, and airport escort services
  6. Travel Accessories: Sale of travel accessories including comfort items, electronics, safety accessories, and foldable bags produced in partnership with Italian providers
  7. Luggage Storage: Baggage storage service at Santiago del Chile airport, offering practical and secure solutions for personal effects, 24 hours a day

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goStandard Package - Luggage protection for one-way travel
Transaction based/ take ratePay-as-you-goCome Back Package - Extended coverage including return journey
Unit PricingPay-as-you-goBag Check Service
Unit PricingPay-as-you-goBag Concierge Service
Unit PricingPay-as-you-goLuggage Storage - Santiago del Chile

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

TrueStar Group product offering

Product offering

Core offering

TrueStar Group operates airport-based luggage protection and passenger services, applying a protective biodegradable film to suitcases in approximately 30 seconds via patented wrapping machines. The company also provides baggage tracking through SITA WorldTracer integration with IATA member airlines, insurance coverage for damage, theft and loss, bag weight check services, a bag concierge, short-term luggage storage and travel accessories at sales points inside airport terminals.

Product overview

TrueStar Group is an airport retailer providing a comprehensive suite of luggage protection and passenger services at airports worldwide. The core offering consists of protective wrapping services (Standard Package and Come Back Package) using 100% biodegradable film, supported by baggage tracking via SITA WorldTracer and insurance coverage. Additional services include Bag Check (weighing), Travel Accessories, Bag Concierge assistance, and Luggage Storage. The company operates across 14 countries at 46 international airports with 111 sales points and 127 wrapping machines, serving approximately 4.6 million bags annually.

Differentiator

Problem solved

Functional benefit

Products and services

  • Protective Luggage Wrapping (Standard Package)
  • Come Back Package
  • Bag Check Service

Quantifiable outcome

  • 4.6 million suitcases wrapped annually
  • +3 more outcomes

Companies that use TrueStar Group

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles2 records

TrueStar Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

TrueStar Group partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • SITA WorldTracercoreTechnology or IntegrationSoftware and database provider for baggage tracking. TrueStar uses the same SITA WorldTracer system used by IATA member airlines, ensuring global tracking network coverage with real-time baggage movement information.
  • WWFminorStrategic or Co-development PartnerTrueStar participates in WWF Action Network for environmental protection and WWF 'No plastic in nature by 2030' campaign to stop plastic pollution.
  • United Nations Global Tourism Plastic InitiativeminorStrategic or Co-development PartnerTrueStar adheres to the UN initiative for sustainable tourism, aligning with Sustainable Development Goals (SDGs) in the 2030 Agenda.
  • Italian Travel Accessory ProvidersminorStrategic or Co-development PartnerPartnership with carefully selected Italian providers for travel accessories including comfort items, electronics, and safety accessories sold at airport outlets.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

TrueStar Group competitors and assessment

Company assessment

Others

  • SITA: SITA is the technology partner whose WorldTracer baggage-tracking system TrueStar integrates with. As the dominant aviation IT vendor for baggage and passenger processing, SITA represents both an enabling ecosystem partner and a structural counterparty whose product roadmap influences TrueStar's service capabilities.
  • Avis Budget Group: While primarily a car-rental operator, Avis operates airport ancillary services including baggage and travel-protection products at many of the same airports TrueStar serves, representing an adjacent travel-retail competitor for airport concession space.

Direct peers

  • Luggage Wrap: Luggage Wrap is a US-headquartered airport luggage-wrapping operator providing comparable protective wrapping, tracking, and insurance services at multiple US airports, making it a direct competitor in the same airport passenger-services niche.
  • Plastic Wrap & Bag Wrapping: BagWrap is the closest direct peer: a publicly traded luggage-wrapping service operating at airports worldwide with a near-identical offering of protective wrapping, tracking, and insurance for checked baggage, directly competing with TrueStar in the same niche.

Broad incumbents

  • Travelex: Travelex is a long-standing airport retail operator (currency exchange, travel money, insurance) that shares TrueStar's high-traffic airport concession DNA and often occupies adjacent retail space in the same terminals, making it a broad-incumbent benchmark for airport retail economics.
  • Swissport: Swissport is the world's largest airport ground-handling and passenger-services company, offering a broad portfolio that touches on baggage handling and ancillary passenger services — overlapping with TrueStar's airport services niche but at much greater scale and breadth.

Emerging players

  • Wrap-N-Roll: Wrap-N-Roll operates airport luggage-wrapping kiosks in select regional airports, offering an overlapping service to TrueStar at smaller concession points and competing for similar travel-retail real estate.
  • Secure Wrap: Secure Wrap is an airport luggage-wrapping service operating at select European and Middle Eastern airports, providing a comparable wrapping and protection offering to travelers in markets where TrueStar has limited or no presence.
  • BAGSTORE / StowEasy: StowEasy and similar luggage-storage startups are deploying self-service baggage storage at airports and train stations, competing with TrueStar's newly launched Santiago de Chile storage facility in the same passenger ancillary-services category.

Regional players

  • Airport Bag Wrapping UK: UK-focused airport luggage wrapping service that offers comparable protective wrapping services at British airports, primarily competing with TrueStar in regional European geographies where TrueStar has limited concession presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

TrueStar Group compliance and trust

Trust signal

Compliance6 records

TrueStar Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TrueStar Group leadership team

Management profile

Number of profiles

Profiles1 record

TrueStar Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TrueStar Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TrueStar Group

What does TrueStar Group do?

TrueStar Group operates airport-based luggage protection and passenger services, applying a protective biodegradable film to suitcases in approximately 30 seconds via patented wrapping machines. The company also provides baggage tracking through SITA WorldTracer integration with IATA member airlines, insurance coverage for damage, theft and loss, bag weight check services, a bag concierge, short-term luggage storage and travel accessories at sales points inside airport terminals.

Is TrueStar Group a public or private company?

TrueStar Group is a private company. It is classified as venture growth investor backed and is currently operating.

When was TrueStar Group founded?

TrueStar Group was founded in 1993. It employs 501 to 1,000 people.

Where is TrueStar Group based?

TrueStar Group is headquartered in Milan, Italy, in the Europe region.

How does TrueStar Group make money?

Seven revenue lines are on record. Luggage Wrapping Services are the primary driver. The others are baggage Tracking Services, insurance Coverage, bag Check Service, bag Concierge Service, travel Accessories and luggage Storage.

Who are TrueStar Group's main competitors?

Others on record are SITA and Avis Budget Group. Direct peers are Luggage Wrap and Plastic Wrap & Bag Wrapping. Broad incumbents are Travelex and Swissport. Emerging players are Wrap-N-Roll, Secure Wrap and BAGSTORE / StowEasy. Airport Bag Wrapping UK is listed as a regional player.

Does TrueStar Group have an API?

No public API is recorded for TrueStar Group.

What industry is TrueStar Group in?

TrueStar Group's product category is Airport Passenger Services. Its primary akta.pro industry code is THABALAG, Baggage Services (Porters, Wrapping, Storage, Lost & Found), with a secondary code of FSAJAJAE, Baggage & Personal Effects Insurance. Its NAICS code is 48811 and its SIC code is 4581.

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Live signals
PR NewswireTrueStar Group Reports on a Deposition Called by Miami Mayor as Lawsuit over Miami Airport Baggage Wrapping Contract Gears UpTrueStar Group has filed a lawsuit against Miami-Dade County and Safe Wrap of Florida over the baggage wrapping contract at Miami International Airport, alleging the county engaged in improper favoritism when modifying the contract. Miami-Dade Mayor Carlos Giménez has been called for a deposition to explain why he allegedly asked the Commission to bypass bidding procedures after Safe Wrap requested a 65% reduction in its Minimum Annual Guarantee payment. The case is expected to go to trial before the end of the year, following Judge Bailey's ruling on the Mayor's objection to the deposition.PR NewswireBevorstehender Prozess wegen Gepäckversiegelungsauftrag des Miami International Airport - TrueStar Group berichtet über Aussage von Miamis BürgermeisterTrueStar Group, a baggage wrapping and security service provider, is suing Miami-Dade County and Safe Wrap (Florida) over alleged irregularities in the modification of a baggage sealing contract at Miami International Airport, claiming commissioners acted with bias and unfair competition. Mayor Carlos Giménez has been ordered to testify in the case, with TrueStar alleging that in 2013, commissioners reduced Safe Wrap's annual minimum payment by 65% from $9.6 million to $3.5 million, lowered revenue-sharing requirements, and wrote off $1.8 million in rent debts after awarding the contract to Safe Wrap over TrueStar. Judge Bailey will rule on the Mayor's testimony request, with a full trial expected before the end of the year.PR NewswireTrueStar Group rapporte sur une déposition appelée par le maire de Miami alors que le procès sur le contrat d'emballage des bagages à l'aéroport de Miami s'approcheThe Mayor of Miami-Dade, Carlos Giménez, has been called to give a deposition in a lawsuit filed by TrueStar Group over the baggage wrapping contract at Miami International Airport, where TrueStar alleges the county showed improper favoritism toward competitor Safe Wrap. TrueStar claims it won the 2013 bid fairly but the commission overrode the mayor's veto to award the contract to Safe Wrap, after which the county allegedly reduced Safe Wrap's minimum annual guarantee by 65% and cancelled $1.8 million in rent debt at the mayor's request. A judge will rule on the mayor's objection to the deposition before the case goes to trial.PR NewswireIl gruppo TrueStar riporta una deposizione richiesta al sindaco di Miami mentre si prepara la causa civile sul contratto di avvolgimento bagagli dell'aeroporto di MiamiTrueStar Group has served a deposition subpoena to Miami-Dade Mayor Carlos Giménez regarding a civil lawsuit challenging the award of the Miami International Airport baggage wrapping contract to competitor Safe Wrap. TrueStar alleges that local officials engaged in favoritism and arbitrarily altered contract terms, including reducing guaranteed payments and debt obligations, to benefit Safe Wrap after initially losing the bid in 2013. The case is expected to proceed to trial before the end of the year.PR NewswireTrueStar Group demanda a Safe Bag, una compañía que cotiza en la Bolsa de MilánTrueStar Group, a luggage wrapping and protection services company, filed a lawsuit against Safe Bag and its Florida subsidiary Safe Wrap de Florida, challenging the award of a luggage wrapping contract at Miami International Airport that Safe Wrap won in 2013. TrueStar alleges Miami-Dade commissioners improperly changed the bidding rules at the last minute to award the contract to Safe Bag, a publicly traded company listed on the Milan Stock Exchange. The lawsuit highlights that minimum guarantee fees paid by Safe Wrap have dropped by 65% since 2013 and raises questions about whether the county is losing tens of millions of dollars by maintaining Safe Wrap as the contractor.PR NewswireTrueStar Group Sues Safe Bag, a Milan-Listed Company, as Baggage Wrap War at Miami Airport IntensifiesTrueStar Group filed a lawsuit against Safe Wrap of Florida, a subsidiary of Milan-listed Safe Bag, challenging the 2013 award of Miami International Airport's baggage wrapping contract, which TrueStar claims was unfairly taken after it won the tender. The petition alleges Miami-Dade commissioners improperly changed the rules and directly assigned the contract to Safe Wrap, which has since benefited from a 65% reduction in minimum rent guarantees and elimination of $1.8 million in back rent. TrueStar CEO Fabio Talin argues the county is losing tens of millions of dollars, noting his company paid over $25 million in rent during its 2010-2013 concession versus the $4 million Safe Wrap has paid since 2013.PR NewswireTrueStar Group fa causa a Safe Bag, un'azienda quotata alla Borsa di Milano, mentre si intensifica la guerra degli avvolgitori di bagagli all'aeroporto di MiamiTrueStar Group has filed a lawsuit against Safe Wrap of Florida, a subsidiary of Safe Bag (a company listed on the Milan Stock Exchange), over the luggage wrapping services contract at Miami International Airport. TrueStar lost the contract to Safe Bag in 2013 after what it claims was a controversial last-minute decision by Miami-Dade commissioners who changed the bidding rules. The article alleges that since awarding the contract to Safe Wrap, Miami-Dade has reduced the minimum guarantee by 65% and the revenue sharing requirement from 52% to 35%, while also eliminating $1.8 million in back rent owed by Safe Wrap.PR NewswireTrueStar Group reicht im Zuge des weiter eskalierenden Streits um Gepäckversiegelung am Flughafen Miami Klage gegen das in Mailand börsennotierte Unternehmen Safe Bag einTrueStar Group filed a lawsuit against Safe Wrap Of Florida, a subsidiary of Safe Bag (listed on the Milan Stock Exchange), seeking a new bidding process for the baggage wrapping contract at Miami International Airport. TrueStar claims it fairly won the contract in 2013 through proper bidding procedures, but the Miami-Dade Commission cancelled the bid and awarded it directly to Safe Wrap, subsequently reducing the required minimum rent by 65% and writing off $1.8 million in outstanding rent owed by Safe Wrap. The lawsuit alleges the commission's actions constituted a clear misjudgment and disregard of relevant factors, with TrueStar's CEO claiming the county loses millions annually by not rebidding the contract.PR NewswireTrueStar Group poursuit Safe Bag, société enregistrée à Milan, alors que s'intensifie à l'aéroport de Miami la guerre des emballages de bagagesTrueStar Group filed a lawsuit against Safe Wrap de Florida (subsidiary of Safe Bag) at Miami International Airport, challenging the 2013 award of a luggage wrapping services contract that TrueStar claims it won with the highest bid before commissioners arbitrarily changed the rules. The article alleges that since taking over the contract, Safe Wrap has benefited from a 65% reduction in minimum rent payments (from $9.6 million to $3.5 million) and a reduction in revenue sharing from 52% to 35%, while TrueStar paid over $25 million in rent during its 2010–2013 concession. Safe Bag, listed on the Milan Stock Exchange and controlled by the Gentile family in Italy, has also had $1.8 million in arrears eliminated by Miami-Dade commissioners.PR NewswireTrueStar Group invoque des irrégularités et exige un nouvel appel d'offres alors que la guerre du filmage des bagages s'intensifie à l'aéroport de MiamiTrueStar Group, a baggage wrapping and protection services company, has filed a lawsuit against Miami-Dade County and competitor Safe Wrap of Florida challenging the award of the exclusive baggage wrapping contract at Miami International Airport, alleging irregularities in the bidding process that unfairly favoured Safe Wrap. The company claims that since awarding the contract to Safe Wrap in 2013, Miami-Dade has reduced the minimum lease guarantee by 65% (from $9.6 million to $3.5 million), cut the revenue-sharing requirement from 52% to 35%, and eliminated $1.8 million in outstanding rent debt owed by Safe Wrap, resulting in an estimated $40 million loss to taxpayers. Judge Jennifer Bailey is expected to rule by the end of summer on whether the case, currently in its final phase based on witness depositions, can proceed to trial.