Air Malta

Minister Clyde Caruana said on Monday night in Parliament while delivering the 2023 Budget announcement that for the European Commission, “there are no sacred cows”.

He was speaking about what the future may hold for the ailing national airline, whose existence is being called into question due to the unsustainability of its operations.

The Minister said had Government done nothing, referring to extensive restructuring programmes, the airline would have folded overnight, and this would have happened in the not so distance future.

“We will not be getting any form of special treatment, when countries and airlines far larger than ours did not.”

He added that the European Commission is currently “evaluations its options”, stressing that Malta will continue to have a national airline.

Tourism

Between January and August 2022, Malta saw 81 per cent of the volume of tourists it saw over the same period in 2019. Tourists generated €10.76 million bed nights spent on the island with a spend of €1.3 billion, amounting to 86 per cent of tourist expenditure in 2019.

Government is estimating that by the end of 2022, around 2.1 million tourists would have visited the island.

Long-stay incentives for Gozo

The market for tourists who spend the winter months in Gozo is growing, Minister Caruana said on said. He said the Government wishes to strengthen this market.

Together with the Gozo Tourism Association, Malta will launch an incentive to attract this kind of tourism to Gozo together with tour operators, boosting the sister island during the low season.

Ship and aircraft registration

To date, over 750 aircraft are registered in Malta. In the coming days, Government will reveal that more international airlines will be relocating their operations to Malta, like WizzAir and Flexjet did earlier this year.

The next step is a policy for civil aviation, as well as a masterplan for the airport so that Malta can introduce niches that are relatively new, such as leasing, cargo, drones and eVTOLs while consolidating commercial aviation. 

The Minister said Government wants to see the ship and aircraft registration market grow.

Valletta ranks 8th most expensive European capital city to live in – study

April 24, 2024
by Fabrizio Tabone

While London is the most expensive, Bucharest is the most affordable

KM Malta Airlines cancels flights between Malta and Paris on Thursday due to air traffic control strike

April 24, 2024
by Fabrizio Tabone

Impacted customers can opt for an alternative flight or apply for a full refund

WATCH: MEPs in dialogue – Financial institutions and over-regulation

April 24, 2024
by Helena Grech

This is the third in a series of debates designed to engage citizens in the lead-up to the MEP elections ...