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?

History of Air Malta:

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

There were a large number ***** ***** that started in UK, and they all started operating from the many airfields that ***** built for ***** War. Quite a few of 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 ***** in aviation ***** those days was as the major stopp*****g place on the journeys for the British aircraft to E*****t and South Africa, Middle East, the Indian sub-continent and Australia. This provided a lot of flights ***** the ********** was at Luqa, which got around 30 ***** 40 flights every week from the British Overseas Airways Corpor*****ion. 1

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

***** situation 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 engine *****, and ***** aircraft started to move away to Li*****a. At the same time, the passengers within ***** ***** to suffer from the lack of flights, and this 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 ***** Government priority List ***** be put on the different aircraft ***** still ***** a stage in Luqa. There was also a requirement for the loc*****l h*****ling of the services at *****, and this ***** taken ***** by the same company through a new unit called BAS (Malta) Ltd. which was a br*****nch for British Aviation Services. The stated aim ***** ***** company was to handle aircraft at the airport and also oper*****e aircraft in co-operation with Charter Air Ltd.

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


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