Air Italy (2005–2018) Explained

Airline:Air Italy
Iata:I9[1]
Icao:AEY[2]
Callsign:AIR ITALY
Ceased:
Merged with Meridiana to create the new Air Italy[3]
Headquarters:Olbia, Sassari, Italy
Hubs:Malpensa Airport (Milan)
Focus Cities:
Fleet Size:12
Destinations:36 Pisa
Parent:Meridiana
Frequent Flyer:Meridiana Club
Website:meridiana.com
Aoc:YXYF237F

Air Italy S.p.A., operating as Air Italy[4] was an Italian airline, headquartered in Milan. Using wet-leased aircraft from Boeing, it operated from 2005 to 2018, later as the main airline of Air Italy Group together with two other subsidiaries, Air Italy Egypt and Air Italy Polska, which both later ceased operation. After 2011, Air Italy was a fully integrated subsidiary of Meridiana, then known as Meridiana fly, and continued its operation under the Meridiana Brand but keeping its own AOC. On 28 February 2018, Air Italy reorganised with Meridiana to create the new Air Italy under the new ownership of Meridiana's parent company, AQA Holding.

History

Early years

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.[5] Most of Air Italy's independent flights left from either Naples Airport, Turin Airport, Verona Airport or Milan Malpensa Airport.[6]

Under Meridiana ownership

On 18 July 2011, Meridiana, then known as Meridiana fly, announced that it would merge with Air Italy.[7] Since 2013, Air Italy operated entirely on behalf of Meridiana using their corporate design.

On 2 September 2017, it was announced that Qatar Airways had bought 49% of AQA Holding, the new shareholder of Meridiana (Air Italy's parent company). On 7 November 2017, it was announced that Qatar Airways would be merging Meridiana and Air Italy under the Meridiana brand and AOC.

Merger and rebranding as Air Italy

On 19 February 2018, Meridiana was officially re-branded and merged with Air Italy in a bid to become Italy's flagship carrier under the new Air Italy brand, in place of the bankrupt Alitalia.[8] Eight new aircraft were to be added in 2018, comprising three Boeing 737 MAX 8 and five Airbus A330-200s. Air Italy confirmed a commitment to receive 20 new 737 MAX aircraft from April 2018 over three years, while the A330s would be sourced from Qatar Airways as it replaces its A330 aircraft with 787s. Air Italy planned to operate 50 aircraft by 2022.[9]

Subsidiaries

Air Italy used to maintain two subsidiaries, which have since ceased to exist:

Destinations

All of Air Italy's flights were operated on behalf of its parent, Meridiana, under the Meridiana brand.

Fleet

Fleet at closure

The Air Italy fleet consisted of the following aircraft (as of February 2018):[10]

Air Italy fleet
AircraftIn fleetOrdersPassengersNotes
JYTotal
Boeing 737-7001 - - 148148Operated for Meridiana
Boeing 737-8007 - - 189189
Boeing 767-200ER1 - 12241253
Boeing 767-300ER3 - 18258276
Total12 -

Historical fleet

The airline previously operated the following aircraft as of August 2016:[11]

See also

Notes and References

  1. Web site: IATA - Airline and Airport Code Search. iata.org. 11 April 2015.
  2. Web site: Elenco delle imprese titolari di licenza di trasporto aereo . enac.gov.it . 11 April 2015 . dead . https://web.archive.org/web/20150422163413/http://www.enac.gov.it/La_Regolazione_Economica/Trasporto_Aereo/Licenze_di_Esercizio/Licenza_di_trasporto_aereo/info1084252587.html . 22 April 2015 .
  3. Web site: Meridiana fly confirms AirItaly rebranding, plots growth.
  4. Web site: Air Italy (2005) on ch-aviation. ch-aviation. en-US. 2018-07-03.
  5. [Airliner World]
  6. News: Directory: World Airlines . . 58 . 2007-03-27.
  7. Web site: Air Italy - Biglietti aerei - Voli nazionali - internazionali - intercontinentali . 25 July 2011 . 20 October 2014 . https://web.archive.org/web/20141020092454/https://www.meridiana.it/cms/deploy/1/IGGJ_InvestorRelations/IT/doc/investor_comunicatistampa/110718_Comunicato%20stampa%20Meridiana%20e%20Meridiana%20fly.pdf . dead .
  8. Web site: Air Italy expands as UAE-backed Alitalia goes bankrupt. www.aljazeera.com. 2018-02-19.
  9. Web site: Meridiana to rebrand as Air Italy, confirms future fleet and network plans CAPA. centreforaviation.com. en. 2018-02-20.
  10. Web site: Air Italy Fleet Details and History. www.planespotters.net. en. 2018-10-12.
  11. Global Airline Guide 2016 (Part One). Airliner World. October 2016. 18.
  12. https://www.jetphotos.com/registration/I-AIGB