“Air Malta’s growth strategy is bearing satisfactory results which will be sustained in the coming years by the diversification of new commercial and economic activities to generate new revenue streams and opportunities” – Minister Silvio Schembri
Minister for the Economy, Investment and Small Businesses Silvio Schembri met with Air Malta’s staff during his first official visit to the national airline, immediately after assuming responsibility.
During a press conference, Minister Silvio Schembri emphasised that Air Malta will be a key priority in his ministerial portfolio. “Air Malta is a challenge which I welcome, and this first visit is a testimony of its strategic importance. Hence why I made it a point to organise this visit and meet the management and the hundreds of employees who are behind the success story of the airline. Air Malta has served us proudly for the past 45 years and will continue to do so”, said Minister Schembri.
Minister Schembri remarked that a lot of work has been done and he will keep building on the good work done so far. “It is the government’s moral obligation to make sure that the once so-called birds made of lead will continue to fly high. The growth strategy Air Malta has embarked upon is bearing good results which will be sustained in the coming years through the diversification of new commercial operations to generate new revenue streams. A lot of improvements have been made in particular with regards to revenue as well as efficiency, however, we are not out of the woods yet and the challenge is still very apparent. Air Malta provides several auxiliary services, and these could be further developed to generate additional revenue for our airline. On the other hand, there are other investments in the pipeline in particular with respect to the fleet aspect which will be explored in the coming months”, said Minister Schembri.
The minister remarked that Air Malta supported the country whenever needed and will continue to do so. “The sense of belonging by all Air Malta’s employees encourages the government to keep on strengthening our national airline through the restructuring programme which is on track to sustain its long-term strategy. I have already started meeting with some of the unions’ representatives and will continue to do so to identify the best way forward for all stakeholders. As a government, I reiterate my support of our national airline”.
Air Malta Chairperson, Dr Charles Mangion, thanked the minister for his visit. “Air Malta not only has commercial value but also delivers economic benefits to our country. The airline guarantees connectivity and supports the development of various areas of our economy. In the last 3 years, Air Malta increased its capacity and flew 600,000 passengers more to a total that exceeds the 2 million passengers per year. We will continue to work, to serve the needs of our customers in a dynamic market such as aviation and look forward to future challenges together with all the airline’s employees”.
Chief Executive Officer of Air Malta Clifford Chetcuti also accompanied Minister Silvio Schembri during this first visit.