Sources have revealed that within the next few days, a number of important developments will be made with regards to Malta’s national airline Air Malta. Finance Minister Clyde Caruana is expected to meet with various union representatives over the next few days.
As of yet, it unknown whether or not the European Union has given permission to the Maltese Government to give subsidies to Air Malta. Further details are expected to be given during the upcoming meeting. Minister Caruana had revealed that Air Malta was losing €170,000 each single day and State Aid was necessary to keep up its operations.
Caruana had stated that Air Malta was expected to lose €30 million in 2022 and if the European Commission does not grant permission for State Aid, Air Malta could not go on. The future of the national airline will be determined in the next few days.
#MaltaDaily