Ryanair to open new airline, based in Malta – UPDATED
The Sunday Times of Malta reports that Ryanair will be opening a new airline to be based in Malta.
The report says that the new airline called Malta Air that would incorporate all of its existing 61 Ryanair routes to and from the island, effectively replacing it.
According to the report Ryanair has also committed, during negotiations with the government, to the generation of several other new routes and will be doubling its existing fleet in Malta to 10 planes, with plans to grow even fur- ther in the near future, sources said.
Malta Today reports that the decision to open a Malta-based subsidiary falls within Ryanair’s strategy to operate subsidiary companies in dif- ferent jurisdictions. It did this in Poland last year, where Buzz operates on a Polish Air Operator’s Certificate, and in Austria this year, where Ryanair bought low-cost carrier Laudamotion.
Via The Sunday Times of Malta / Malta Today
