Two top businessmen expected to be appointed on new Air Malta board
Air Malta is set to have new appointments which include two prominent Maltese businessmen.
Prime Minister Joseph Muscat has selected two top businessmen for the post of chairman and board member at Malta's national airline Air Malta.
The two appointments are expected within the next 48 hours. The two prominent businessmen are expected to bring not only expertise and knowledge but are expected to put the profitability of the airline as their top priority.
It is not known whether the board will keep the present management structure, but the two businessmen come from successful local companies with a varied portfolio in Malta and abroad.
The two appointments are expected to transcend political allegiances and will surprise most observers. The appointments will coincide with other surprising appointments in security forces and also government related companies.
The new Air Malta board with Louis Farrugia as Chairman is expected to replace the old board. The term for the old board expires at the end of May.
But even though the board is to replaced at the end of April, tenders related to marketing decision and promotions have been timed to be decided before the end of April and before the new board is appointed.