Template:Short description Template:Infobox airline

Eurofly was a privately owned airline based in Milan, Italy.<ref>"Contacts." Eurofly. Retrieved on 29 November 2010. "Eurofly S.p.a. Via Ettore Bugatti, 15 20142 Milano."</ref> 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 Riviera, Spain and Greece. The long haul included some of Italians’ preferred tropical destinations like the Maldives and Sri Lanka or Africa. Furthermore, during the summer season, Eurofly operated non-stop scheduled flights to New York City, exploiting the reverse seasonality of if compared to tropical destinations and focusing on incoming traffic to Italy. The company slogan was The Italian [air]way of life.

In 2010, the airline merged with Meridiana to form Meridiana Fly.

HistoryEdit

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 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%).<ref name="FI">Template:Cite news</ref>

In 2003, Alitalia sold an 80% stake in the airline for $10.8m to Luxembourg based private equity fund Spinnaker, controlled by Italian bank Banco Profilo.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In January 2004, Eurofly was acquired wholly by the Spinnker fund, managed by Sandro Capotosti (CEO and Founder of Banca Prolilo) and Paolo G. Alberoni. The fund listed Eurofly on the Milan Stock Exchange in December 2005.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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 as CEO of 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, Meridiana fly.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

DestinationsEdit

Before eurofly was acquired by Meridiana, the airline had 2 codeshare agreements with Air One and British Airways.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

FleetEdit

The Eurofly fleet consisted of the following aircraft (as of February 2010).

Eurofly Historical Fleet
Aircraft Total Introduced Retired Remark
Airbus A319-115(LR) 1 2006 2007 citation CitationClass=web

}}</ref>

Airbus A320-214 16 2001 2010 citation CitationClass=web

}}</ref>

Airbus A330-200 5 2002 2010 on lease<ref name=eurofly/>
Boeing 737-400 1 2000 2000 TC-AFM
leased from Pegasus Airlines<ref name=eurofly/>
Boeing 767-300ER 3 1998 2003 citation CitationClass=web

}}</ref>

McDonnell Douglas DC-9-32 2 1992 1993 I-RIFP, I-RIZW
leased from Alitalia<ref name=eurofly/>
McDonnell Douglas MD-82 8 1995 2005 leased or transferred from Alitalia<ref name=eurofly/>
McDonnell Douglas MD-83 5 1994 2004 on lease<ref name=eurofly/>

See alsoEdit

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ReferencesEdit

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External linksEdit

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Template:Airlines of Italy