Essay - What is the Socio-economic Impact of Restructuring for Privatization -...


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What is the socio-economic impact of restructuring for privatization - Air Malta?

H*****tory of Air *****:

The history of Air Malta is original in the sense that it started of earlier as a different airline, under different management than came back ***** the airline that flies the big red and white jets that continuously fly over the ro*****tops in Malta. The present ***** has been set up by an act of the Parliament on 31st march, 1973. The origin of ***** airline ***** in another airl*****e that was also called Air ***** and ***** up in 1947. ********** ***** been comm***** sharehold*****g in both these airlines and this ***** a period ***** more th*****n 50 years. The first exercise ***** the setting up of an airline based on the large number of pers*****nel and equipment that were left at the end of the Second World War, ***** ***** included aircraft.

There were a large number of *****s that started in UK, and they all started operat*****g from the many airfields ***** ***** built for ***** War. Quite a few ***** the colonies of the British empire *****lso followed on the same path ***** national airlines were started in many countries including Cyprus, Iraq, Syria, Lebanon, Hong Kong, East Africa and others. All these airlines sprang up during the period of 1945 to 1947. The importance of Malta in aviation of those days was as ***** major s*****pp*****g place on the journeys ***** ***** British aircraft to E*****t ***** South Africa, Middle East, the Indian sub-continent and Australia. This provided a lot of flights ********** the airport was at Luqa, which got around 30 ***** 40 flights every week from the British Overseas Airways Corporation. 1

1. Robin J. Zammit. Air Malta Ltd. (1947-1951) Retrieved at http://www.geocities.com/robinzammit/*****Malta1946.html. Accessed on 31 May, 2004

***** situati***** started changing when the aircraft be***** bigger and the technical stops in Malta were slowly removed. The o*****r difficulty was in the short runways that Luqa had for the long-haul four eng*****e aircraft, and ***** ***** ***** to move away to Li*****a. At the same time, the passengers within Malta started ***** suffer from the lack ***** *****, and ***** led to a Maltese company ***** Cassar & Cooper to charter aircraft from British companies to fly to destinations within UK. Prior to this arrangement, one could leave Malta only through ***** Government priority List ***** be put on the different aircraft that still had a stage in Luqa. There was also a requirement for the local h*****ling of the services at Luqa, and this was taken ***** by the same ***** ***** a new unit cal***** BAS (*****) *****. which was a branch for British Aviation Services. The stated aim ***** ***** company was to handle aircraft at the ***** and also oper*****e aircraft in co-operation with Charter Air Ltd.

*****re were many other ***** ***** were opened at about the same time ***** the ***** purpose. The market ***** small and the companies decided to

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