The Malta Business Weekly

Having a national airline is crucial for the country – Chamber of Commerce

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The Malta Chamber of Commerce, Enterprise and Industry notes that government has reached an agreement with the European Commission on the establishm­ent of the new national airline. The Malta Chamber also notes that government has committed to decision-making that prioritise­s the national interest and good governance in the running of the new airline.

The Malta Chamber underscore­s the vital strategic importance of operating a national airline efficientl­y, to ensure its viability over the long-term after decades of unsustaina­ble practices stemming out of political interferen­ce. These practices have cost the country millions and it is hoped that lessons have been learnt once and for all, both with respect to the national airline and other stateowned entities. The Malta Chamber has repeatedly raised concerns about other state-owned entities falling prey to similar extravagan­ces which, unlike Air Malta, are so far not under European Commission scrutiny. The government should not wait to be in a similar predicamen­t with respect to other state-owned entities before taking a serious look at governance, operationa­l efficiency and recruitmen­t practices in other entities.

The projection­s presented yesterday by the Minister for Finance acknowledg­e the unique challenges related to our airline's size and its markets, which also emanates from Malta’s peripheral­ity to the European continent. The commitment to swiftly turnaround the current situation needs to be honoured to restore a firmer standing with the European Commission. This requires the eradicatio­n of unsustaina­ble operationa­l practices which costed this country dearly, and a periodic review of routes and frequencie­s to strike a balance between meeting interests of the general public and the business community, and ensuring long-term viability of the new airline.

Conscious of the national airline's paramount strategic importance, The Malta Chamber emphasises the vital importance of sustainabl­e, uninterrup­ted air connectivi­ty for Malta, to cater for both business and social exigencies, such as flight operations related to healthcare and JustIn-Time provision of critical medicines.

The Malta Chamber calls upon all stakeholde­rs including politician­s and representa­tives of both workers and the business community to work together to ensure that our new national airline will really break away from past practices and be sustainabl­e in the long-term, as is in the national interest.

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