REMAKING AIR MALTA : TURNAROUND HOPES HINGE ON STRUCTURAL REVAMP, COMPANY CULTURE CHANGE
2004; De Gruyter; Volume: 41; Issue: 12 Linguagem: Inglês
ISSN
0002-2543
Autores Tópico(s)Aviation Industry Analysis and Trends
ResumoThe rundown on Air Maltas efforts to become solvent after a $32- million loss in 2003 touches upon staff restructuring, new flights, aircraft changes, and overall viability limits. Streamlining leadership and pay freezes top staffing changes, while charter flights around the Mediterranean and red-eyes to London topped flight changes. Aircraft changes will phase in several new aircraft and rotate out older ones, but leasing commitments on grounded aircraft are dragging down the bottom line. Moreover, fuel costs and interference by the government owners of air Malta hamper further reforms.
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