Formed 12 November 1969 by equal shareholding of Fiat
and IRI-Finmeccanica to combine Fiat aerospace activities
(except engines) and those of Aerfer and Salmoiraghi.
Fully operational January 1972. In September 1976 IRIFinmeccanica
bought Aeritaiia stock owned by Fiat. Had
cooperation agreement with Boeing. Then comprised
Combat Aircraft, Transport Aircraft, and
G.222
Diversified Activities
Groups. Main products were Aeritaiia G91Y twin-jet
development of very successful single-jet Fiat G91; Aeritaiia
G222 twin-turboprop high-wing transport (first flown
1970); Aeritaiia (Lockheed) F-104S serving with Italian
and Turkish Air Forces (delivered from 1969). Took control
of Partenavia in 1981-1992 under its General Aviation
Group. As Panavia partner, designed and developed
variable-geometry wing and other important features of
Tornado multirole aircraft. Became partner in AMX program
(see AMX International), and joined Aerospatiale of
France in establishing ATR. Merged with Selenia in
December 1990 to form Alenia Aerospazio.