The "first" Alitalia was founded on September 16, 1946. Its first flight was on May 5, 1947. In 1960, Alitalia started flying jet aircraft. In 1995, Alitalia tried to merge with KLM, but it failed. 1998 was the first profitable year for Alitalia. In 2001, Alitalia joined SkyTeam. The airline lost more than €3.7 billion since 1999 until 2008. On January 12, 2009, the "first" Alitalia shut down. The next day, on January 13, the "second" Alitalia began. In June 2014, Etihad Airways bought 49% of Alitalia. On January 1, 2015, a "third" Alitalia began. This one is 49% owned by Etihad and 51% owned by Italian shareholders.