Editorial Comment

IT IS HAPPY 25TH TO EMIRATES BUT IN THE CENTRE OF THE MEDITERRANEAN THERE IS AN ECONOMIC ODDITY AS MALTA’S ECONOMY SHINES BUT THE NATIONAL AIRLINE CARRIES A DEFICIT

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IT IS HAPPY 25TH TO EMIRATES BUT IN THE CENTRE OF THE MEDITERRANEAN THERE IS AN ECONOMIC ODDITY AS MALTA’S ECONOMY SHINES BUT THE NATIONAL AIRLINE CARRIES A DEFICIT

Air Malta’s losses this year are expected to be “much worse” than the €31 million deficit announced for the year ending March 2009. The airline is believed to be losing money even on its Germany routes, where there is no significant competition from low-cost carriers. As a consequence Air Ma...

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