The grounding of the Boeing 737 MAX and the airline’s relaunch with the arrival of Qatar Airways as a shareholder doesn’t seem to help to keep Air Italy afloat. Worse, the airline can be grounded much quicker than expected as today, a special board meeting will be held to discuss the airline’s future. The second largest Italian airline, behind Alitalia with her seven lives, is headquartered in Olbia, Sardinia but mostly operates from its main hub Milan Malpensa.
The airline is a subsidiary of AQA Holding, owned by Alisarda (51%) and Qatar Airways (49%). The airline operates a fleet of Boeing 737 Next Generation, Boeing 737 MAX 8 and Airbus A330 aircraft to over 34 scheduled domestic, European and intercontinental destinations.
Qatar Airways saw big plans with the airline, which could not help accumulate huge losses: €164 million in 2018 and an estimate €136 million in 2019. The vital question remains: will the two main shareholders invest more money into the airline or will they opt for a liquidation. Time will tell …
Source: Air Italy (wikipedia)
This post was published on 11 February 2020 13:19
Air Tahiti has taken delivery of an ATR 72-600 fitted with a HighLine All-Business Class…
Liège Airport handled more than one million tonnes of cargo in the first nine months…
Air Canada will launch seasonal non-stop flights between Montréal and Seville on 8 September 2027,…
LOT Polish Airlines and Thai Airways have signed a Memorandum of Understanding to establish codeshare…
Portugal’s government has selected Lufthansa Group as the preferred buyer in TAP Air Portugal’s partial…
Brussels Airport welcomed 2,361,512 passengers in September 2026, an increase of 3.9% compared with the…