Meridiana is buying a 29.9% stake in Italian leisure carrier Eurofly. Olbia-based Meridiana, which is majority controlled by Prince Karim al-Hussayni, the Aga Khan, is acquiring the shares from Spinneker Luxembourg. Milan-based Eurofly was established with a 45% shareholding by Alitalia in response to the flag carrier's desire to develop the leisure travel market and launched operations in 1990. AZ acquired full control in 2000 and sold its stake to Spinneker in 2003. Eurofly was listed on ...
Subscribe to Access this Entire Article
"Meridiana buys stake in Eurofly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
