Air Italy (2005–2018)
The airline was set up in 2005 and was originally owned by BV Asset Management (40%), Giuseppe Gentile (40%) and the Pathfinder Corporation (20%).[5] It started operations on 29 May of the same year with an inaugural flight from Turin to Budapest.The funding of 280 million Euros was used to buy three used Boeing 767 aircraft (one -200ER and two -300ERs) in 2007 and 2008 for services to leisure destinations in Africa, the Indian Ocean and the Caribbean.[7] Since 2013, Air Italy operated entirely on behalf of Meridiana using their corporate design.On 2 September 2017, it was announced that Qatar Airways had bought 49% of AQA Holding, the new shareholder of Meridiana (Air Italy's parent company).