Breaking: Air Italy is liquidated

…Suspends operations

Air Italy has announced that it will suspend operations from the 25th of February. The Italian carrier will be liquidated following a meeting of shareholders yesterday.

Qatar Airways is a key shareholder in the airline, owning 49%, TW has gathered.

The airline has officially announced that it will not operate after the 25th of February.

Those with bookings beyond this date will be refunded, with flights operating as normal up until and including the 25th of February.

The official statement made available to TW said: “Air Italy has officially announced that it has decided on liquidazione in bonis of the company.”

A rough translation of this phrase means “performing liquidation”.

The statement added: “Passengers due to fly before this date and return afterward can keep their outbound flight, or apply for a refund of any unused flight segments.

“All flights after the 26th of February will be refunded upon request.”

Details later…