The Malta Independent 19 April 2024, Friday
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Civil Society Network expresses concern over Air Malta's situation

Thursday, 29 September 2016, 09:54 Last update: about 9 years ago

The Civil Society Network today exprssed its concern over the situation at Air Malta.

In a statement, the network noted that despite its restructing programme, Air Malta is still in a precarious financial situation. "We also note that the fate of Air Malta workers is unclear."

"We also note that Air Malta has a very important strategic function for Malta's economic and social needs. Government should do its utmost to ensure that such a function is not lost, especially when the Airline risks becoming overdependent on interests with other conflicting priorities."

The network appealed to the Government to be more transparent in this matter and to ensure that its decision-making process is based on consultation, evidence and expert advice.

"We also appeal to the Government to seriously consider other options to ensure the survival, viability and strategic interests of Air Malta. This may include a hybrid strategy of floating shares on the Malta Stock Exhange together with having shares under government ownership and having other shares sold to another airline without having effective control over Air Malta."

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