Qatar Airways has further strengthened its commitment to Italy with the acquisition of 49% of AQA Holding, the new parent company of Meridiana Fly (Meridiana), while the previous sole shareholder Alisarda has kept 51%.
Qatar Airways currently flies from Doha to Rome, Venice, Pisa and Milan a total of 42 times per week and this partnership will further strengthen the airline’s ties to Italy, while creating ‘jobs’ within the country, and from where it connects passengers to more than 150 destinations around the world.
Qatar Airways Group Chief Executive Akbar Al Baker said they are delighted to formalise this important partnership, which he said, will help increase Meridiana’s competitiveness in the European market. Under the terms of the Contribution and Shareholders’ Agreement signed in July 2016, Alisarda maintains the right to appoint the majority of the Board members. Chairman of Alisarda and AQA Holding Marco Rigotti said they are thrilled to begin the partnership project with Qatar Airways.
Meridiana Chairman Francesco Violante said they are excited to be part of this new venture aimed at building a strong airline in Italy and in the European market.
My priorities will be to create value for the shareholders, to help the management and all the staff to achieve the new business plan and to make our passengers happy to travel with us.’
Meridiana is the second largest Italian carrier, with an extensive network which connects the main Italian airports with Sardinia and provides connectivity with hubs in Europe, as well as in the US and Africa. Meridiana’s fleet consists of Boeing 737s, 767s and MD-82s.
Qatar Airways, the national carrier of the State of Qatar, is the world’s fastest-growing airline, flying passengers to an extensive network of more than 150 global destinations on board its modern fleet of 200 aircraft.
Visit the Qatar Airways website for more information about their new flight destinations.