Responding to parliamentary questions by Nationalist MP Ivan Castillo, Finance Minister Clyde Caruana revealed that 351 Air Malta workers were collectively given €60,836,332 in severance packages by the government.
They were handed the severance packages either under the voluntary redundancy scheme or the early retirement scheme.
Castillo was asking about how many workers benefitted from the severance package which was proposed by the government in 2022.
This came after the government revealed in January of 2022 that, as part of a restructuring effort, it would establish a voluntary staff transfer program to reduce Air Malta’s personnel by half. The government also intended to save €15 million annually on pay.
€40,000 was offered to those served up to five years; €80,000 to those serving 5 to 10 years; €120,000 for 10 to 15 years; €150,000 for 15-20 years; €180,000 for 20-25 years; €210,000 for 25-30; and €240,000 for those with over 30 years of service.
This also comes after Air Malta Chairman David Curmi revealed to Times of Malta that the new national airline would be set up by the end of this year.
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