Air Malta appoints Australian chief restructuring officer

Air Malta has announced the appointment of Ray Hart as its Chief Restructuring Officer.

A company statement explained that Ray Hart will be working under the direction of Chief Executive Officer, Peter Davies, and will be responsible for the reorganisation process and spearheading change management within Air Malta.

The restructuring process of the national airline will start in parallel with discussions undertaken with the European Commission.

Australian born Ray Hart, who has worked with Peter Davies before, has vast experience in business restructuring and implementation. A chartered accountant by profession he has previously been involved in several airline projects.

Commenting on this appointment, Peter Davies, Air Malta’s Chief Executive said “Ray Hart brings with him the in-depth and hands-on knowledge of similar processes. His leadership qualities are well known. I am sure that together with the senior management team that will be appointed in the coming weeks he will lead the process in a seamless transition”.

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Tinkwetax michael scicluna. Tonio Fenech ihallsu tajjeb ghax dak mhux xi cuc Malti.
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One thing we dont know is how much will Mr Hart be paid for this job?