Air Italy goes into liquidation despite Qatar Airways expression of support

Embattled European carrier Air Italy has gone into liquidation despite major shareholder Qatar Airways (49%) publicly expressing its commitment to continue supporting the airline.Air Italy was founded by the Aga Khan in 1963 whose Alisarda holding company was the majority shareholder (51%), and a statement on Alisarda’s website said that a shareholder’s meeting held on February 11 had ended with the decision to proceed with “liquidazione in bonis” – to put the company into liquidation.Qatar Airways, which has held a minority stake of 49% in Air Italy since September 201, subsequently released a statement which said that it has strongly believed