Air Italy S.p.A., operating as Air Italy was an Italian airline, headquartered in Milan. Using wet-leased aircraft from Boeing, it operated from 2005 to 2018, later as the main airline of Air Italy Group together with two other subsidiaries, Air Italy Egypt and Air Italy Polska, which both later ceased operation. After 2011, Air Italy was a fully integrated subsidiary of Meridiana, then known as Meridiana fly, and continued its operation under the Meridiana Brand but keeping its own AOC. On 28 February 2018, Air Italy reorganised with Meridiana to create the new Air Italy under the new ownership of Meridiana's parent company, AQA Holding.

Meridiana Fly S.p.A., operating as Meridiana, was a privately owned Italian airline headquartered in Olbia with its main base at Olbia Costa Smeralda Airport. It operated scheduled and charter flights to domestic, European and intercontinental destinations from several Italian bases. Some of its operations were carried out by the old Air Italy under the Meridiana brand. It was owned by Qatar Airways through AQA Holding (49%) and Alisarda S.p.A. (51%), who rebranded the airline as the new Air Italy effective 1 March 2018.