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, behind Italian flag carrier Alitalia, and the 40th largest in Europe by number of passengers in 2019. The airline was a subsidiary of AQA Holding, owned by Alisarda (51%) and Qatar Airways (49%). The airline operated a fleet of Boeing 737NG, 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.