Air Malta announces organisational shakeup
Air Malta announces the reorganisation of its senior management structure.
Air Malta will undergo an organisational shake-up to enable the airline to move to its second phase of development, the airline's Chief Executive Peter Davies said.
As from 1 March, Air Malta will operate through five main organisational business streams, the Commercial department, Operations, Business Services, Flight Operations and Programme Management.
In an announcement to the airline's employees, Davies said that Air Malta "has been through a momentous time as for the first time since it commenced operations in 1974 it undertook a major overhaul."
He said that the restructuring process, managed in a relatively short period of time, started showing results and everyone's efforts are now beginning to bear fruit.
"Whilst we have achieved some significant milestones we are still not out of the woods. Much has still to be improved as we continue the vital path of profitability without which we cannot survive," Davies said.
The CEO noted that to date Air Malta's organisational structure reflected the first phase of its turnaround, "the creation of a company that is focussed on delivering profits and to secure an improved balance and cash flow."
Now the airline needed to move to the next phase to enable its business prosperity and that requires a change in Air Malta's senior management structure, Davies said.
He also announced that the airline was ready to enter into its second phase of its development and "move forward towards the goal of self sufficiency and profitability."
"We need to consolidate the gains we have achieved and begin to map out our future. A future that will be determined as much by our capacity for change as it will be for our intellect in developing the right strategy for the airline. That has a bearing not just for us as professional airline employees but for the country. We must get it right," Davies said.
Davies announced that the airline was entering a critical period of fine-tuning through the intellectual application of Business Process Reengineering (BPR). He said that Air Malta needed to improve its efficiency and take advantage of new technology.
"This is not only required since customers are expecting more but also since the airline now needs to make a profit," he stressed.