Meridiana Fly Meridiana Fly

MeridianaFly

Meridiana Fly is an airline based in Olbia, Sardinia, Italy. It is Italy's second largest airline operating domestic and European services, as well as intercontinental flights. Its headquarters are at Olbia - Costa Smeralda Airport, but the main hubs are at Cagliari-Elmas Airport, Milan Malpensa Airport and Rome Fiumicino Airport. Meridiana Fly also holds smaller hubs at Catania-Fontanarossa Airport, Florence Airport, Olbia - Costa Smeralda Airport, Palermo International Airport and Verona Airport

History
The airline was founded as Alisarda on March 29, 1963 by the Aga Khan, Prince Karim al-Hussayni, as an air-taxi and charter operator to promote tourism to Sardinia. Scheduled services began in 1964 from Olbia. In 1989, 35% of new stock was released to new shareholders to strengthen the company and the name Meridiana was adopted on 3 May 1991. The first international services were operated later in 1991 to Barcelona, Paris, London and Frankfurt. A 29.95% stake in Eurofly was acquired in December 2006. The name then changed to Meridiana Fly, following the Meridiana-Eurofly merger. Meridiana Fly is owned by Interprogramme (57.19%), SA AgaKhan (17.59%), employees (16.08%), Airfin (in liquidation) (4.51%), Fondazione Cariplo (3.39%) and other shareholders (1.24%). It has 1,358 employees (at March 2007).

During 2004, Meridiana replaced four BAe 146-200s with four leased Airbus A319-100s, and has plans for a fifth. In January 2004 it was reported that Meridiana was planning to replace its McDonnell Douglas MD-82 fleet with 17 Airbus A320-200s.

Eurofly
Logo of Eurofly until 2010Eurofly was established on 26 May 1989 with the aim of selling medium haul flights to tour operators. Eurofly started its operations on 26 February 1990. It was set up with a 45% shareholding by Alitalia in response to the needs of the flag carrier to develop the leisure travel market. The original shareholding was divided between Alitalia (45%), Olivetti (45%) and San Paolo Finance (10%). There have been several changes of ownership since. A 29.95% stake in Eurofly was acquired by Meridiana in December 2006.

Merger with Eurofly
On the 28th February 2010, Meridiana and Eurofly merged to create Italy's second biggest airline, Meridiana Fly. Both airline's aircraft will continue to carry their different liveries. However Eurofly's GJ code will be replaced by Meridiana's IG code. The new airline will serve a total of 7 intercontinental destinations, 48 international destinations (Europe and surrounding Countries) and 32 domestic ones.

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