EC DECISION ON AIR MALTA’S FUTURE TO BE MADE IN DECEMBER

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:40

EC DECISION ON AIR MALTA’S FUTURE TO BE MADE IN DECEMBER

Commission Finance Minister Tonio Fenech has declared that a final decision to approve Air Malta’s restructuring plan will be likely by December.

The restructuring plan was presented to the omission last May. If the plan is not approved in December the airline will be required to hand back a loan of €52 million the EC gave Air Malta to help it stay afloat. However, the plan is widely expected to be approved.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 3, 2011 08:40
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fec-decision-on-air-malta%25e2%2580%2599s-future-to-be-made-in-december%2F"> registered </a> users can comment.