There is obviously no future for the former airline Air Italy, because the liquidators have given all employees the notice of termination. The employment relationships were terminated with immediate effect on January 1, 2022. Severance payments were made.
In 2016, Qatar Airways bought what was then Meridiana and had big plans for growth. Around a year later, it was announced that 20 Boeing 737 Max 8s and 30 B787-9s would be flown in. The Air Italy brand was launched in 2018. The growth plans were dashed as early as February 2020, because there was disagreement among the shareholders about who had to inject how much capital. On February 11, 2020 it was announced that Air Italy would cease flight operations and will go into voluntary liquidation. In a short transition phase, some connections were maintained with the help of wetlease equipment.
The carrier was founded in 1963 as Alisarda. The name alludes to the company's headquarters on the Italian island of Sardinia. In 1990 they merged with a Spanish company and from then on appeared as Meridiana before being renamed Air Italy in 2018. Most recently, the carrier was owned by a holding company, 51 percent of which was owned by Alisarda and 49 percent by Qatar Airways. The financial requirements for renovation and expansion were great. The golf carrier announced around the announcement of the liquidation that they continue to believe in the concept, but that financial resources must be injected from all shareholders. But the Italian majority owners no longer wanted to or could no longer do that.
Finally, the liquidators tried to find a buyer or at least to be able to turn valuable assets into cash. However, this was not crowned with success, so the voluntary liquidation was continued and with the current termination of the entire workforce is about to be completed.
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