Air Pullman

What Air Pullman does

Air Pullman SpA is a privately held Italian passenger transport company founded in 1949 by Oldrini Ottavio, originally operating the Malpensa-Milan coach route. The group operates a diversified portfolio of ground transport services across Lombardy, including scheduled airport shuttles (Malpensa Shuttle, Orio Shuttle, Linate Shuttle) connecting Milan airports to Milano Centrale and other points every 20 minutes, local public transport (TPL) under government contracts in North-West Milan and Monza/Brianza, coach rental and charter services through Air Pullman Noleggi, hop-on hop-off tourist services via the Milan Open Tour joint venture with STAV Autolinee, and long-distance domestic and international bus routes.

The company runs a fleet of more than 270 vehicles across six categories (luxury coaches up to 80 seats, standard buses, urban/interurban low-floor vehicles, minibuses, multi-purpose vehicles, and luxury cars), with an average vehicle age of just over 4 years compared to the 14-year Italian national average. Operations are supported by four regional depots (Somma Lombardo, Cologno Monzese, Solaro, Cornaredo) plus the Assago registered office, and proprietary reception desks at Malpensa and Orio al Serio airports. The fleet meets Euro 5/6 emission standards, and the group holds ISO 9001, ISO 14001, SA 8000, and ISO 45001 certifications, plus Model 231 compliance. Group turnover exceeded €52 million in 2019, with over 7 million passengers transported.

The business model blends regulated government service contracts (TPL, approximately 4 million km annually in the CAL consortium) with transaction-fee consumer services (airport shuttles, long-distance tickets, tour fares) and B2B charter revenue. Customer segments include airport travelers, local public transport commuters in Milan and Monza/Brianza, tourists, corporate and event clients (such as Fiera di Milano and airlines), and long-distance bus passengers. The corporate structure includes wholly-owned subsidiaries (Malpensa Shuttle, Orio Shuttle, Linate Shuttle, Air Pullman Noleggi, Saco, Autostazioni Milano) and the jointly-controlled Milan Open Tour, consolidated under holding entities Findivo SpA and Apf Holding.

Name

Air Pullman

Legal name

AIR PULLMAN SpA

Website

https://airpullman.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

101–250 employees

Short description

Air Pullman SpA is a privately held Italian passenger transport company founded in 1949, operating airport shuttles, local public transport, coach rental, and long-distance bus services across Lombardy with a 270+ vehicle fleet, serving passengers, government clients, and corporate customers.

Ownership category

akta.pro rank

Product category

Passenger Ground Transportation Services

NAICS

Bus and Other Motor Vehicle Transit Systems (485113), Charter Bus Industry (48551), Taxi and Limousine Service (4853), Charter Bus Industry (485510)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Transportation Services (4700)

akta.pro industry

PRIMARYTHAIAFAA

Airport Shuttle (Shared-Ride) Operators

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Shuttle & Airport Ground Transport Services

SECONDARYTHADAEAG

Airport Transfer Services (Meet-and-Greet, Fixed-Route)

Travel & Hospitality/Car Rental & Mobility Services/Taxi & Chauffeur / Limousine Services

SECONDARYTLAFAFAC

Airport Express & Intercity Shuttle Operators

Transportation & Logistics/Passenger Transportation (Air, Rail, Bus, Taxi/Rideshare)/Intercity Coach & Bus Operators

SECONDARYTHAIADAA

National Intercity Coach Operators (Scheduled Network)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Intercity Coach & Scheduled Bus Operators

SECONDARYTHAIADAD

Express Coach Services (Limited-Stop/Premium)

Travel & Hospitality/Rail, Bus & Ground Passenger Transport/Intercity Coach & Scheduled Bus Operators

Keywords

• Passenger transportation services
• Airport shuttle services
• Local public transport
• Coach rental services
• Tourist bus tours

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Airport Shuttle Services: Regular shuttle services connecting Malpensa, Orio al Serio, and Linate airports with Milan Central Station and other points, operating every 20 minutes. Revenue from per-passenger fares and potentially contracted airline/hotel partnerships.
2. Public Transport (TPL) Contracts: As part of the CAL consortium, manages approximately 4 million km annually in the North West area of Milan and Monza/Brianza province. Also manages sub-contracted urban lines (900,000 km). Revenue from government service contracts.
3. Coach Rental (Noleggio): Tourist and charter coach rental services through subsidiary Air Pullman Noleggi Srl, serving tourists, corporate clients, and community transport needs.
4. Long-distance Bus Services: Since 2016, operates on both domestic (national) and international long-haul routes, generating revenue from ticket sales.
5. Group Fleet Operations: The broader Air Pullman Group fleet exceeds 270 vehicles including luxury coaches, buses, minibuses, and urban/interurban vehicles, supporting multiple revenue streams across passenger transport segments.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels2 records

Core offering

Air Pullman SpA is an Italian passenger transportation company operating since 1949, providing scheduled airport shuttle services connecting Milan airports (Malpensa, Orio al Serio, Linate) with Milano Centrale, local public transport (TPL) under government contracts in the North-West Milan and Monza/Brianza area, tourist and charter coach rental services through its Noleggi subsidiary, long-distance domestic and international bus services, and hop-on hop-off city tours via the Milan Open Tour joint venture.

Product overview

Air Pullman is a transportation services company operating since 1949, offering a diversified portfolio of ground transport products organized around airport shuttle services (Malpensa Shuttle, Orio Shuttle, Linate Shuttle), local public transport (TPL), tourist/charter coach hire (Granturismo), and vehicle rental services. The fleet exceeds 270 vehicles spanning luxury coaches (up to 63 seats), standard buses, minibuses, multi-purpose vehicles, and luxury cars. The group includes subsidiaries Air Pullman Noleggi (rental), Saco (regional TPL), Milan Open Tour (hop-on hop-off tours), and Autostazioni Milano (bus terminals). Services connect major Milan airports with central stations and operate regional public transport in north-west Lombardy.

Differentiator

Problem solved

Functional benefit

Brands

• Malpensa Shuttle: Airport shuttle service connecting Milano Stazione Centrale with Malpensa T1/T2 every 20 minutes
• Orio Shuttle
• Linate Shuttle
• Saco
• Milan Open Tour
• Autostazioni Milano

Products and services

• Malpensa Shuttle

Quantifiable outcome

• Average fleet vehicle age of just over 4 years, compared to 14-year national average
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• STAV AutolineecoreStrategic or Co-development Partner · 1 October 2015Joint venture partner in Milan Open Tour, a limited liability consortium company established in October 2015. STAV Autolinee and Air Pullman combined their experience in transport and travel to offer double-decker open-top bus tours (hop-on hop-off) and tourist services through Open City Cards for exploring Milan.
• Autoservizi LocatelliminorChannel Partner/ Reseller/ Distributor · 1 January 2006Temporary association of companies (ATI) formed in 2006 to connect Orio al Serio airport with Milano Centrale railway station. Partnership ended as Air Pullman developed its own Orio Shuttle service.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Peers

• Autostradale Srl:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AirPullmanTPL
• LinkedInlinkedin.com/company/air-pullman-spa

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Air Pullman