It looks like Air Malta is going to be sold to one of Mr Nair’s friendly dictatorships, just like Enemalta

Published: April 29, 2014 at 10:22pm

Times of Malta reports (and would you believe it’s not in the headline?):

The government is working on a similar plan for Air Malta as the one already in place for Enemalta, Prime Minister Joseph Muscat told a PL activity this evening in Naxxar.

Without elaborating on these plans, Dr Muscat said that although the government was confident that the current recovery plan for Air Malta would save the company, the administration didn’t want to take any decisions and be accused of derailing the plan and bankrupting the company.

However, he said that it was clear that the airline needed to expand its markets and the government was working on this aspect.




36 Comments Comment

  1. Stephanie says:

    Can you just imagine if this was something Gonzi’s government decided to do – selling off the national airline so dear to the Lejburisti?

    Franco Debono would have had the mother of all hissy fits, and Tony Zarb would be marching on Valletta with his army of haddiema.

    I wonder what all the Labour-voting employees at Air Malta are really thinking at this stage – without any consultations with unions or proper information, Muscat just plants this bomb and hides it with the ‘good news’ for families. Ja viljakk.

    • curious says:

      Tony Zarb would have gone on TV and organised rallies shouting HANDS OFF AIR MALTA.

    • just me says:

      Someone should inform Tony Zarb that winter is over and it has been spring for over a month. It seems he is still hibernating somewhere. Your time to wake up, Mr. Zarb, is long overdue.

      • gosh says:

        Tony Zarb is pissing in his pants as his arch enemy Mario Cutajar rules the roost at the Office of the Prime Minister.

  2. Barabbas Borg says:

    Air China. You had guessed it, Mrs Caruana Galizia.

  3. Stephanie says:

    I have just had light bulb moment. Could this ‘good news’ be an extra 5% off the next electricity bill?

    [Daphne – No. It’s Newspeak for something that will be hard to digest, but which is being packaged, before it is revealed to us, as not just good for us but fantastic, so that we have time to adjust.]

    • AE says:

      I never thought that there could be anyone more damaging for Malta than Mintoff.

      Yet Muscat is proving to be just that. At least with Mintoff you could see him coming. Muscat operates in a different way. He is underhand, sly and does not have an ounce of honesty in him.

    • tinnat says:

      The bigger the hype, the more we have to expect it is something completely unsavoury.

    • Michelle Pirotta says:

      Stephanie wasnt too far off. Well, in principle.

  4. Jozef says:

    Which decision can ever be seen to derail a company’s perceived value and risk bankruptcy if not one outside good practice?

    He also said the Chinese haven’t yet finalised a deal with Enemalta, that should be at the end of this year. Employees have been given a choice, either sign with the Chinese on a voluntary basis or remain with Enemalta at lower conditions.

    Honestly, would you buy anything from this individual?

    Someone mentioned the interconnector yesterday, what happened to that?

    Then there’s Scicluna who seems banned from expressing his views on how 300 million Euros went missing.

    A cabinet reshuffle followed by another pogrom in every ministry, 7 perm secs removed or following their minister, the result being EU funding for 2014 on hold, again.

    Time to up the pressure, I don’t see why Tonio Fenech should be left in the shadows.

    • ciccio says:

      Hey, hang on a minute.

      I have an important question about the unaccounted for difference between the deficit and the increase in debt of 2013:

      Could it be that the government has pushed some of the deficit of this year into the debt increase of 2013?

      Follow my logic:

      The government knows that the series of sweet measures which it has engineered to achieve a place in history for Joseph Muscat on 24 May 2014 – such as the refund of VAT on cars, the 25% discount in utility bills, etc – are going to cost a huge sum that would blow the deficit of 2014.

      Consequently, he government could be hiding the effect on the deficit of 2014 by declaring normal deficit figures throughout 2014, but it would have hidden the excessive deficit by overstating the debt of 2013.

      Can someone investigate the implications of this?

  5. AMG says:

    What next? Bank of Valletta?

  6. pablo says:

    It seems that the Chinese Communist Regime will soon have a finger in every national pie and running our country from Castille with Muscat as its puppet. As they acquire a minority holdings in this and that, they will be solidifying a position where they dictate what happens here wielding a very big stick.

  7. Tabatha White says:

    Now we know why Joseph Muscat wanted the invisibility cloak.

    How altruistic.

    Was it delivered to 135, Holland Park Avenue by courier to another of Nair’s aliases?

  8. Julian Mompalao de Piro says:

    Air Machina?

  9. ken il malti says:

    China is certainly going after its pound of flesh for getting this chubby moron elected.

  10. Jozef says:

    We may have to take a taxi out of the airport.

    http://www.independent.com.mt/articles/2014-04-29/news/ap-survey-chinas-lending-bubble-a-global-threat-4788486145/

    Not so sure about their ability to change things, not when corruption and one party rule merged to create the cannibalistic behemoth it’s become.

    Ever seen these? It’s been calculated there are over 60 million empty apartments, basically central government cannot get to terms with the meaning of internal demand, which in our minds corresponds to an evolved market trained on democracy. Banks have been stretched way beyond their limit and any movement may cause it to come down. This was 2011.

    http://www.youtube.com/watch?v=wm7rOKT151Y

    Muscat’s seriously taking on a voracious animal.

  11. Imhaseb says:

    What’s next in line will China be drilling for oil in our territorial water, we have been sold to China

  12. Nana says:

    Direct flight from Malta to China?

  13. La Redoute says:

    ” the administration didn’t want to take any decisions and be accused of derailing the plan and bankrupting the company.”

    Can anyone explain this non-sequitur?

  14. Kevin says:

    The problem is not that the Chinese will use Muscat and then discard him. It is that the Maltese will continue paying a very hefty price until way after Muscat is consigned to the dustbin of history.

  15. Salvu says:

    Is this the ” big news ” ?

    http://www.independent.com.mt/articles/2014-04-30/news/pm-calls-urgent-press-conference-4803526656/

    My guess is that the price cuts was an urgent plan B.

    Could it be that the “Air Malta deal” encountered unforseen obstacles ? Internal opposition from cabinet members, maybe ?

    Cabinet members who do not form part of the inner circle, and who are traditionally against privatisation (part or whole) of any parastatal organisation, could have imposed an “ALTO LA” after getting information that what you wrote on your blog yesterday was 100% correct.

    http://www.timesofmalta.com/articles/view/20140430/local/update-2-pm-announces-cuts-in-petrol-gas-prices-fuel-prices-locked-till-december.517057

    “Not at this stage”. Now that sounds familiar .

    • Jozef says:

      So the reshuffle remains a useless exercise.

      The core business he must carry out, the ones which landed him government, require his leap of faith.

  16. Anne Marie Kissaun says:

    Well, Mater Dei Hospital is next in line for Chinese ‘investment’, which is why Konrad Mizzi has been given the infamous job.

  17. Stephanie says:

    I do not believe this bare-faced liar and never have. He hid the treatment he was ready to dish out to Air Malta in the phrase, ‘we will treat Airmalta like Enemalta’.

    That is Muscatspeak for a takeover. Something went drastically wrong last minute, or someone must have had a hissy fit in the last 24 hours and he had to come out with the pathetic excuse of a 2c decrease in the price of petrol. Also remember the catch phrase ‘not for now’ – it will be back to haunt us, most probably after the MEP elections are done and dusted and Karmenu Vella is nicely settled as EU commissioner.

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