Meridiana fly S.p.A., operating as Meridiana (formerly Alisarda and Meridiana fly), is a privately owned Italian airline headquartered in Olbia with its main base at Olbia Costa Smeralda Airport. It operates scheduled and charter flights to domestic, European and intercontinental destinations from several Italian bases. Some of its operations are carried out by its subsidiary Air Italy under the Meridiana brand.

The company was set up with the name of Alisarda on 29 March 1963 by Aga Khan Prince Karīm al-Hussaynī with the aim of promoting tourism in Sardinia. Scheduled flights commenced in 1964.

In 1989, 35% of new stock was released to new shareholders to strengthen the company and the name Meridiana was adopted on 3 May 1991. The first international services were operated later in 1991 to Barcelona, Paris, London and Frankfurt.

At the end of February 2010, Meridiana fly, the second largest carrier in Italy, was created by the merger of Eurofly, a company specialized in long-haul charter flights to holiday destinations, and Meridiana, a scheduled operator of national and European flights, with the primary objective of connecting the main Italian airports with Sardinia and Sicily.

In October 2011, Meridiana fly completely acquired Air Italy, an Italian charter airline which now operates entirely on behalf of Meridiana.

On 16 January 2013, the Board of Directors of Meridiana S.p.A. acknowledged the agreement for the purchase by Meridiana S.p.A. of all the Meridiana fly ordinary shares held by the former shareholders of Air Italy Holding S.r.l. Today the group is run by Meridiana S.p.A. Holding which controls 89% of Meridiana fly including 100% of Air Italy, the remaining part is quoted to the Milan Stock Exchange but a tender offer was recently launched to delist the company.

In April 2013, when the Air Italy merger was completed, Meridiana Fly returned to its former, shorter name, Meridiana. On 16 May, it launched the new frequent-flyer program Meridiana Club in partnership with Avios. In mid-2013, Meridiana offered national and international scheduled flights from the main Italian airports to Sardinia (Olbia, Alghero and Cagliari), Sicily and Naples as well as holiday destinations such as the Canary Islands, Greece and the Red Sea. It also serviced the long-haul destinations of the Maldives, Mauritius, Kenya, Zanzibar, Santo Domingo and Brazil mainly from Milan Malpensa and/or Rome Fiumicino.

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