Air Italy (registered as AIR ITALY S.p.A.) was a privately owned Italian airline, headquartered in Olbia, Sardinia. In 2019 the company was the second largest airline in Italy, following Italy's flag carrier Alitalia, and the 40th largest airline in Europe by number of passengers as of 2019. The airline was a subsidiary of AQA Holding, owned by Alisarda (51%) and Qatar Airways (49%). The airline operated a fleet of Boeing 737 Next Generation, Boeing 737 MAX 8 and Airbus A330 aircraft to over 34 scheduled domestic, European and intercontinental destinations. The airline operated from its main hub at Milan Malpensa Airport.