Ryanair and the Maltese government are negotiating to set up a new airline. It will have its main base in Malta. It will be called Malta Air. Ryanair is committed to allocating 10 aircraft to Malta Air and opening new routes.
According to industry sources, Ryanair plans to launch a new airline in Malta, which will take over all operations of the Irish carrier.
We are talking about 61 of existing Ryanair routes, but also about the ambition to launch new routes. At the same time, the new airline will have 10 aircraft. Opportunity for several Ryanair aircraft to be registered in Malta.
Malta Air will be Malta's new airline
With the new Maltese airline, Ryanair is committed to generating over 350 new jobs in Malta. Moreover, Ryanair plans to build a hangar, which will be used to service its aircraft and Malta Air.
Industry sources said that the Maltese government will hold shares in the new air carrier and will have a veto right when Ryanair decides to sell it to third parties.
Ryanair has a good reputation in Malta, operating here from some of the most profitable routes. It's only a matter of time before Ryanair and the Maltese government sign the partnership for the new airline. Thus, Ryanair, Malta Air and Air Malta will be able to further develop the Luqa airport, making it an important airline hub.