Simon Busuttil insists selling Air Malta shares is legal and viable
Opposition Leader Simon Busuttil said that his proposal regarding the selling of shares from Air Malta is legal and viable and rebutted the Prime Minister’s claim that this is not possible.
PN leader was giving comments to The Malta Independent following a visit to the University of Malta freshers’ week.
On 9 June, Dr Busuttil had suggested that Air Malta shares should be offered to the public so as to ensure that the national carrier remains Maltese. On 12 June, Prime Minister Joseph Muscat criticised the proposal, questioning whether Dr Busuttil had sought any expert advice and whether the concept was even legal in the first place.
Yesterday, Dr Busuttil said that the government should seriously consider this option, and not put it aside simply because this proposal is coming from the Opposition. “BOV sold shares to private investors, so this same model can be replicated with Air Malta for private investment.”
Asked to react about the proposed €300 million masterplan for Paceville, Dr Busuttil said that the Opposition is still studying this proposal. He said the PN is in favour of having a masterplan and welcomed the idea.
However, he expressed his concern stating that there should be a level playing field for all. “We don’t want this masterplan to be a collection of wish lists of those who were promised something from the government.”
On land reclamation, Simon Busuttil said he is against it, because the public will have less public spaces to enjoy.