Headquartered in Olbia, Air Italy S.p.A. was a scheduled and charter carrier with its hub at Malpensa Airport. The airline was established in 2005 by a consortium of investors to serve leisure markets across Africa, the Indian Ocean and the Caribbean. The airline merged with fellow Italian carrier, Meridiana in Apr-2013, and remained under its own air operator's certificate and operates services on behalf of Meridiana. Air Italy was owned by Alisarda (51%) and Qatar Airways (49%). Its fleet consists of narrowbody and widebody equipment.
On 11-Feb-2020, Air Italy announced shareholders Alisarda and Qatar Airways, operating through AQA Holding SpA, resolved to liquidate the airline during a shareholders' meeting held on 11-Feb-2020. The carrier suspended operations effective 26-Feb-2020. The carrier plans to ensure the PSO routes are maintained from 14-Mar-2020 to 16-Apr-2020
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