PEAEL
Air Europe
Italy · AIR EUROPE · Active
Airline Identity
Full NameAir Europe
Alias—
IATA CodePE
ICAO CodeAEL
Numeric Code—
CallsignAIR EUROPE
CountryItaly
StatusActive
Founded1989
HeadquartersMilan, Italy
History
Air Europe (Italy) began flying on 19 December 1989 as part of the UK-based Airlines of Europe Group, became fully Italian-owned in 1991, and later became a subsidiary of Volare Airlines. When the Volare Group collapsed in 2004, Alitalia acquired the airline and progressively absorbed it into the Alitalia Group.
Current Operations
The airline no longer exists as an independent operator; it flew leisure long-haul and charter routes from Milan Malpensa until the brand was shut down in December 2008.
Last verified 2026-09-03· Source: airline public disclosures, company press releases & aviation-industry reporting.