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Air Malta contains losses, asks for EU funding and fights the crisis with a restructuring plan
Valletta, Malta - New pension plans expected
In a circular to its staff, Air Malta said that the moment of crisis has been blocked even though losses are still being registered. Considering an increase of 16 million euros on fuel costs compared to last year, the revised budget provides for only a loss slightly below that recorded last year. According to data reported in July 2011 it would appear that the budget estimate was not only reached,...
AVIONEWS - World Aeronautical Press Agency - 1133244
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency