Qatar Airways, Aga Khan Decide to Liquidate Troubled Air Italy
A new Air Italy Boeing 737 Max 8 in Everett, Washington, on May 11, 2018.
Photographer: Jason Redmond/AFP via Getty Images
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Air Italy investors Qatar Airways and the Aga Khan decided to put the struggling carrier into liquidation, citing “persistent and structural conditions” in the market.
Shareholders of the two-year-old airline acted unanimously and the Italian carrier will guarantee flights scheduled through Feb. 25 by other operators, Air Italy said Tuesday in a statement.