Transforming Air Malta
Air Malta chairman Louis Farrugia interviewed on the restructuring process and on making the airline profitable again.
Air Malta chairman Louis Farrugia
The Air Malta chairman Louis Farrugia speaks to MaltaToday on the recently approved restructuring plan which aims at turning the company from a loss making company to a profitable one in the space of three years.
This week Air Malta announced that it had made an operating loss of €29.8 million for the financial year which ended March.
Although no company would call this a success, this year's financial results mark an 'improvement' of €4.3 million over the previous year.
Farrugia shares his thoughts on how the company can turn things around, the much criticised management team and privatisation.
Read the full interview in tomorrow's edition of MaltaToday