Air Malta said a number of initiatives laid out by the European Commission in its response to the airline’s restructuring plan “have already been enacted and Air Malta has already started to reduce its flight schedules in line with the plan”.
“As a result, Air Malta is in the process of submitting further responses to the Commission. The airline’s management remains confident that the positions stated are realistic and represent attainable objectives which will place the airline on a secure footing. As communicated recently, the results for April-September 2011 illustrate that the airline is on the right path and that the management is committed to pursuing a rigorous restructuring,” the airline said.
It added, the targets set for generating ancillary revenues are already supported by positive results achieved over recent months. The company will be launching several new initiatives in this area and is confident that experience gained illustrates that revenues will continue to grow steadily.