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Founded | 26 May 1989 | ||||||
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Ceased operations | 28 February 2010 (merged with Meridiana to create Meridiana fly) | ||||||
Operating bases |
Guglielmo Marconi Airport Leonardo da Vinci-Fiumicino Airport Malpensa Airport |
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Fleet size | 11 | ||||||
Destinations | 41 (combined figure for Meridiana and Eurofly) | ||||||
Company slogan | The Italian [air]way of life | ||||||
Headquarters | Milan, Italy | ||||||
Website | eurofly.it/EN/index.asp |
Eurofly was a privately owned airline based in Milan, Italy. Listed on MTA Stock Exchange and controlled by Meridiana, it was Italy’s leading carrier in leisure flights market and mainly operated international, medium to long haul, point-to-point flights.
Medium haul activity was centered mainly on operations to Egypt and the Red Sea Riviera, Spain and Greece. Long haul included some of Italians’ preferred tropical destinations like the Maldives and Sri Lanka or Africa. Furthermore, during the summer season, Eurofly operates 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.
In 2010, the airline merged with Meridiana to form Meridiana fly (Later Return To Its Former Name Meridiana after the Merge Of Air Italy).
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%). There have been several changes of ownership since.
Long-haul operations started in 1998 and in 2000, Alitalia acquired full control. In 2003, the company was privatized with 80% being sold to the Banca Profilo Spinnaker fund which acquired the remaining shares in July 2004. In the same year, Eurofly set-up an operations base in Sharm el Sheikh with two Airbus A320-200 aircraft operating flights to several regional airports in Italy.