Yes, something like that. I think it’s all down to a hell of a lot of mismanagement and poor book-keeping. Maybe all that needs to happen is a better accountant needs to do the job.

I am surprised that this hasn’t been looked into properly. Or if it has, I haven’t heard of any conclusions. Either way, it would be good to know the empirical reason as to what is happening with all the money?

Over-staffing. Their payroll bill is way beyond what it should be.

Maybe during very low periods, but in general planes are packed.

There are many routes, and almost all Maltese citizens fly Air Malta. Since we are talking about a business that is always selling tickets, and filling planes, how on earth is it making a loss and not doing well?

Seriously, it’s like a restaurant that always has a full house but doesn’t make a profit. How, exactly, does a company that enjoys so many customers not do well and generate profit?

Something is very fishy here. I think whoever does the accounts needs to go over them and check what is going on with the money.