Air Malta will operate its last flight on March 30, 2024. Photo: Daniel SLIM / AFPSource: AFPMalta will shut down its loss-making national carrier, Air Malta, next year and replace it with a new government-owned airline, Prime Minister Robert Abela has announced. However, Abela announced late Monday that Brussels had refused the government's requests, and there was no other course of action than to close down Air Malta and replace it with a new airline. The government said 350 million euros has been set aside to be invested into the new airline, 50 million euros of which will be its working capital. Set up in 1974, Air Malta has long faced financial difficulties.

Source: Daily Nation October 03, 2023 08:37 UTC