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 ***** Air *****:

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

***** were a ***** number of airlines that star*****d in UK, and they all started operat*****g from the many airfields that were built for ***** War. Quite a few ***** the colonies of the British empire also followed on ***** same path and national airlines ***** 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 ***** Malta in aviation of those days was as ***** major s*****pping place on the journeys for ***** British ***** to ***** and South Africa, Middle E*****t, the Indian sub-continent and Australia. This provided a lot of flights and the airport was at Luqa, which got around 30 to 40 flights every week from the ***** Overseas Airways Corporation. 1

*****. Robin J. Zammit. Air Malta Ltd. (1947-1951) Retrieved at*****Malta1946.html. Accessed on 31 May, 2004

The situation started changing when the aircraft be***** bigger and the technical stops in Malta were slowly removed. The other difficulty was in the short runways that Luqa had for the long-haul four eng*****e *****, and the aircraft started to move away to Libya. At the same time, the passengers within Malta started ***** suffer from ***** lack ***** flights, and ***** led to a M*****ltese company ***** Cassar & Cooper to charter aircraft from British companies to fly to destinations ***** UK. Prior to this arrangement, one could leave Malta only through the Government priority List to be put on the different aircraft ***** still had a stage in Luqa. *****re was also a requirement for the loc*****l handling of the services at *****, and this ***** taken ***** by the same ***** ***** a new unit c*****ed BAS (Malta) Ltd. ***** was a branch for British Aviati***** Services. The stated aim ***** this company was to handle aircraft at the ***** and also oper*****e aircraft in co-operation with Charter Air Ltd.

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


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