Ryanair Agrees To Purchase Malta Air
Ryanair has announced that it has agreed to purchase Maltese start up airline Malta Air.
Following the deal's completion at the end of June, Ryanair will switch its six Malta based aircraft onto the Maltese register.
Ryanair also plans to increase the size of its Malta based fleet to 10 aircraft within three years and brand its Malta based fleet in Malta Air colours for summer 2020.
"Pleased To Welcome Malta Air"
Ryanair CEO Michael O’Leary stated, "Ryanair is pleased to welcome Malta Air to the Ryanair Group of airlines, which now includes Buzz, Lauda, Malta Air and Ryanair (Ireland).
"Malta Air will proudly fly the Maltese name and flag to over 60 destinations across Europe and North Africa as we look to grow our Maltese based fleet, routes, traffic and jobs over the next three years."
"A Successful Collaboration"
Meanwhile, Malta's minister for tourism, Konrad Mizzi, commented, "The relationship between Ryanair and Malta has evolved into a successful collaboration. We welcome Ryanair’s commitment to operate and grow a fully fledged Malta-based airline which will contribute in a large way to the country’s development."
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.