[1] Alisarda was founded by the Aga Khan in March 1963 (1963-03) as an air taxi and charter company to serve the Costa Smeralda.

The next aircraft type to be introduced was the Douglas DC-9-14 twin-jet airliner with which charter flights to Germany were started.

In the early 1980s it was an associate company of Consorzio Della Costa Smeralda in which Prince Karim Aga Khan had a majority shareholding.

At this time, the airline was owned by a number of financial groups in which Prince Karim Aga Khan had a major interest.

Scheduled services were flown to Bologna, Cagliari, Genoa, Milan, Naples, Olbia, Pisa, Rome and Verona, and Frankfurt, Geneva, Munich, Nice, Paris, Turin and Zurich were served on a seasonal basis.