The Malta Independent 19 December 2018, Wednesday

Tourism Minister won’t say if Air Malta will increase loans; cites commercial sensitivity

Tuesday, 13 March 2018, 19:36 Last update: about 10 months ago

Tourism Minister Konrad Mizzi refused to say whether Air Malta will take out further loans from any commercial banks in 2018, citing commercially sensitivity as his reason.

PN MP David Stellini had asked the minister bluntly, through a Parliamentary Question whether it is true that Air Malta plans to go further in debt with a commercial bank. Mizzi said that such information is commercially sensitive for the company's operations.

The airline's future was very much in question last legislature, with Air Malta hitting the headlines very frequently, and questions at the time being raised regarding a potential partner. Nowadays however, the airline is portrayed as being far more stable than at the time.

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In a separate Parliamentary question, also posed by Stellini, Mizzi said that there were 1012 persons employed with Air Malta on an indefinite contract by the end of 2017.


 

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