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Stage

Corporate Minority | Alive

About AQA Holding

AQA Holding is the parent company of Meridiana, an airline.

AQA Holding Headquarter Location

Italy

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Latest AQA Holding News

Qatar Airways Grabs 49 Percent Ownership in Italy’s Meridiana Airline

Oct 1, 2017

Send Qatar Airways says it has completed the acquisition of a 49 percent stake in Italy’s AQA Holding, the new parent company of Italy’s second largest carrier Meridiana . Qatar Airways, one of the Middle East’s biggest carriers, said Sunday that previous sole shareholder Alisarda will keep a 51 percent share in the company. Meridiana was set up in the early 1960s by the Aga Khan, a business mogul and the spiritual leader of Ismaili Muslims. Qatar Airways already has a strong presence in Italy, with more than 40 flights a week from its base in Doha. The airline has a fleet of 200 aircraft, while Meridiana says it has 16. Italy’s largest carrier remains Alitalia, which is partly owned by Qatar Airways’ regional competitor Etihad Airways, based in Abu Dhabi. Copyright (2017) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. This article was from The Associated Press and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to [email protected] . See full article

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