Air Italy
Air Italy S.p.A. is an Italian airline headquartered in Milan. It is a fully integrated subsidiary of Meridiana and operates domestic and international services using the Meridiana brand.
History
The airline was set up in 2005 and was originally owned by BV Asset Management (40%), Giuseppe Gentile (40%) and the Pathfinder Corporation (20%)). It started operations on 29 May of the same year with an inaugural flight from Turin to Budapest. In late 2006, an independent investment company acquired a 40% share in Air Italy.
The funding of 280 million Euros was used to buy three used Boeing 767 aircraft (one -200ER and two -300ERs) in 2007 and 2008 for services to leisure destinations in Africa, the Indian Ocean and the Caribbean. Most of Air Italy's independent flights left from either Naples Airport, Turin Airport, Verona Airport or Milan Malpensa Airport.
On 18 July 2011, Meridiana, known as Meridiana fly back then, announced to merge with Air Italy. Since 2013, Air Italy operates entirely on behalf of Meridiana using their corporate design. The name Air Italy is no longer used in public.