Two airlines in one. Borns Meridiana Fly
Two airlines now all in one, Meridiana and Eurofly forms a single player that is born and called Meridiana Fly. Last
night the Board of Meridiana and Eurofly in different meetings, but
exactly concurrent resolved to proceed through the conferment of the
integration activities' of air transport of Meridiana into Eurofly. The
integration will determine 'the formation of an aggregation of one
airline, Eurofly and the Aviation business, which will be called 'Meridiana Fly SpA'. Eurofly's
board has resolved to submit for approval a special meeting of
shareholders a capital increase in the form to pay for a value of 52.56 million
euros.. Approved a capital increase in option for 40 million euros to be executed after integration. The extraordinary meeting of Eurofly and meeting was convened on 21 and 22 of December 2009.
integrated business plan - it said in a statement - provides that
"enhanced strategic and competitive positioning of the Meridiana Group in aviation market by obtaining a larger size, the rationalization of
the fleet, the greater flexibility 'and the achievement of operational
seasonal industrial synergies with a significant reduction in costs of production. " The
Plan also provides for the creation of a new companyy (' Meridiana Express ') a wholly owned subsidiary of Meridiana Fly,
designed to provide the tools to fly scheduled and
charter on short and medium-range summer
season routes in order to intercept a greater flow of passengers that flies during the higher peak
tourist season, to reduce costs and raise the level of operational flexibility.
Meridiana Fly have a fleet composed by 4 A319 8, A320, 18 MD82, 3 A330 and has a network of destinations in 4 continents.