Tuesday, August 30, 2016

Medavia's ownership comes under EC scrutiny

The European Commission (EC) has launched an investigation into Medavia to determine whether the Malta-based carrier's ownership and shareholding conforms to bloc regulations.

The Times of Malta says the EC has information which shows Medavia is now owned by the Libyan Foreign Investment Co. (LAFICO). In addition, Brussels also has concerns over the fact that of the airline's board, six are Libyans while only one is Maltese and therefore a European national.

EC laws cap foreign-ownership in E.U.-registered carriers at 49% while effective control of said airlines must rest in the hands of EU nationals.

Medavia did not respond to ch-aviation's request for comment. (Source: ch-aviation.com, 29-Aug-2016)

Wednesday, August 24, 2016

TNT B734 makes emergency landing at Malta IAP

A TNT cargo plane was forced to make an emergency landing at Malta International Airport this morning, airport officials confirmed.  The Boeing 737 was forced into the emergency manoeuvre due to nose-gear problem.

"At 1025lt, a freighter aircraft, with flight number 3V-857, travelling from Tunis to Malta declared a full emergency," an M.I.A. spokeswoman told Times of Malta. "Malta IAP’s Fire and Rescue team were dispatched immediately and the aircraft, with two crew on board, landed safely at 1044lt." (Source: timesofmalta.com, 24-Aug-2016)

Thursday, August 4, 2016

M.I.A. plc releases traffic results for July 2016

Passenger movements at Malta IAP last month increased by 5.9% over the same month last year, partly due to an increased seat capacity of 3.1% and a better seat load factor, the airport said. In a company announcement, M.I.A. plc said that with an efficiency of 88% in filling up available seats, last month's seat load factor established a new record for July.

The top five markets remained relatively unchanged, with the United Kingdom topping the list followed by Italy, Germany, and France. With a marked growth of 20.8%, Spain secured the fifth spot, successfully re-establishing itself among Malta's top five markets for the first time this year. 

The Spanish market is this year experiencing the highest growth rate when compared to the other markets. Meanwhile, Germany recorded the second highest growth rate, at 10.6%. This growth partly stemmed from the introduction of new routes to Berlin, Cologne, Düsseldorf, and Karlsruhe.

With July's passenger movements taken into account, the total number of passengers who passed through Malta IAP this summer exceeded two million. (Source: timesofmalta.com, 3-Aug-2016)