Air Malta is facing an uncertain future.
Air Malta and the asset holding company Malta MedAir are likely to be dissolved this fall according to a report The Shift.
The dissolution will come if the government of Malta is denied by the European Union to inject any aid in the struggling national carrier.
The secret plan proposes to replace the current Air Malta with a new lower-cost unnamed national carrier. Current employees will not be assured of a job with new airline according to the report.
The Air Malta base at Malta:
The plan will be implemented in the highly probable and increasing likely outcome that European Commission will turn down the government’s request to inject an additional €290 million into Air Malta.
Read more from The Shift:
Air Malta aircraft photo gallery: