Maltese flag carrier Air Malta has ceased operations and gone out of business after 50 years flying.
The airline – which has been loss making for the past 20 years – officially ceased trading on Saturday following an EU block to further publicly-funded government bailouts.
Air Malta – not to be confused with the Ryanair Group-owned Malta Air – is being replaced by a new airline, KM Malta Airlines which will be run and owned by Malta’s government, under State ownership.
In a statement (see below), Air Malta sent its “heartfelt thanks” to all of its employees, customers, and travel partners.