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 Malta:

The history of Air Malta is original in the sense that it started of earlier as a different airl*****e, under different management than came back as the airline that flies the big red and wh*****e jets that continuously fly over the ro*****tops 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 ***** Malta ***** ***** up in 1947. *****re has been common sharehold*****g in both these airlines and this for a period of more than 50 years. The first exercise was the setting up ***** an airline based on the large number of personnel and equipment that were left at the end ***** ***** Second World War, and ***** included aircraft.

There were a ***** number of *****s that started in UK, and they all started operating from the many airfields that were built for the *****. Quite a few ***** the colonies of the British empire also followed on ***** same path and national airlines ***** started in many countries *****cluding 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 ***** as the major s*****pping place on the journeys for ***** British aircraft to ***** ***** 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 to 40 flights every week from the ***** Overseas Airways Corporation. 1

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

***** situati***** started changing when the aircraft became ********** 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 *****, and ***** aircraft started to move away to Libya. At the same time, the passengers within Malta started to suffer from ***** lack ***** *****, and this led to a Maltese company c*****ed Cassar & Cooper to charter aircraft from British companies to fly to destinations within UK. Prior to this arrangement, one could leave Malta only through the Government priority List to be put on the different aircraft that still ***** a stage in Luqa. *****re was also a requirement for the local h*****ling of the services at Luqa, and this was taken up by the ***** ***** through a new unit cal***** BAS (Malta) *****. which was a br*****nch ***** British Aviation Services. The stated aim of ***** 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 for the same purpose. The market was small and the companies decided to


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