Eurofly was a privately owned

airline An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which ...

based in

Milan Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 ...

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

. Listed on MTA Stock Exchange and controlled by Meridiana, it was Italy's leading carrier in the leisure flights market and mainly operated international, medium to long haul, point-to-point flights. The medium-haul activity was centered mainly on operations to Egypt and the

Red Sea The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; ...

Riviera,

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...

and

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...

. The long haul included some of Italians’ preferred tropical destinations like the

Maldives The Maldives, officially the Republic of Maldives,, ) and historically known as the Maldive Islands, is a country and archipelagic state in South Asia in the Indian Ocean. The Maldives is southwest of Sri Lanka and India, about from the A ...

and

Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...

Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...

. Furthermore, during the summer season, Eurofly operated non-stop scheduled flights to

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U ...

, exploiting the reverse seasonality of if compared to tropical destinations and focusing on incoming traffic to Italy. The company slogan was ''The Italian iray of life.'' In 2010, the airline merged with Meridiana to form Meridiana Fly (but returned to its name Meridiana after merging with Air Italy).

History

The airline 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 Alitalia - Società Aerea Italiana Società per azioni, S.p.A., operating as Alitalia (), was an Italian airline which was once the flag carrier and largest airline of Italy. The company had its head office in Fiumicino, Metropolitan City of ...

in response to the needs of the flag carrier to develop the leisure travel market. The original shareholding was divided between

(45%),

Olivetti Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been pa ...

(45%) and San Paolo Finance (10%). There have been several changes of ownership since. In January 2004, Eurofly was acquired by Profilo Spinnkaer Private Equity Fund, managed by Sandro Capotosti (CEO and Founder of

Banca Prolilo Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

) and Paolo G. Alberoni. The Fund listed Eurofly on the Milan Stock Exhange in December 2005 At the end of 2006, Spinnaker sold the residual 29,95% stake in Eurofly to Meridiana and Mr Giovanni Rossi (CEO of Meridiana) took over the CEO position in Eurofly. In January 2008, two capital increases took place and Meridiana participation in Eurofly's capital grew to 46.1%. On 28 February 2010, Meridiana and Eurofly merged to create Italy's second-biggest airline. The new airline is called Meridiana fly (Later Replaced & Return To Meridiana former name after the Merge Of Air Italy). For now, both airlines aircraft will continue to carry their individual logos. However, Eurofly's GJ code will immediately disappear and be replaced by Meridiana's IG code. By 2013 & 2014, all of the Eurofly

Airbus Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: '' ...

fleet that was merged with Meridiana to create Meridiana Fly (later to return to its former name Meridiana after merging with Air Italy) were by

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and ...

aircraft to pursue the aim of operating an all

fleet together with Air Italy. All

aircraft Eurofly formerly owned are currently still flying under its new owners.

Destinations

Before eurofly was acquired by Meridiana, the airline had 2 codeshare agreements which are with Air One and

British Airways British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London, England, near its main hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers ...

Fleet

The Eurofly fleet consisted of the following aircraft (as of February 2010). As of 4 July 2009, the average age of the Eurofly fleet was 6.8 years.

History

Destinations

Fleet

See also

References

External links