On 7-Nov-2017 Qatar Airways CEO Akbar Al Baker told the CAPA Asia Aviation Summit that Meridiana would be rebranded after its subsidiary Air Italy and aim to become "the flag carrier of Italy". He predicted robust growth for Meridiana, after an extended period of contraction. An important first step will be to secure the appointment of a new CEO for Meridiana.
Qatar Airways' acquisition of 49% of Meridiana was approved by the European Commission in Mar-2017, and the acquisition was confirmed in Sep-2017. A 51% majority stake remains in the hands of the former sole owner, Alisarda.
A new business plan for Meridiana is under preparation, but Qatar Airways expects to improve the airline's competitiveness and expand its network, both in Europe and beyond. The two airlines first announced a potential partnership in Feb-2016.
Originally seen as mainly motivated by improving ties between the State of Qatar and Sardinia, where Meridiana is based and where Qatar has a number of investments, Qatar Airways' move looks potentially more interesting after the bankruptcy of Alitalia. However, Etihad's ultimately unsuccessful investment in Alitalia also serves as a warning that Gulf airline equity partnerships in Italy can bring challenges too.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: email@example.com