Joe Gasan appointed on Air Malta board
Businessman Joe Gasan to be appointed on Air Malta board together with Tumas Group director Ray Fenech.
Gasan Group director Joe Gasan is set to be appointed on the Air Malta board by the government, alongside Tumas Group director Ray Fenech who is expected to be named chairman.
As revealed on MaltaToday on Friday, Prime Minister Joseph Muscat has selected the two prominent businessmen for the post of chairman and board member at Malta's national airline Air Malta.
The real surprise package is Joe Gasan, best known for his automotive and property businesses, who never had any ties with the Labour Party.
Fenech confirmed that he had "informal talks" with Tourism Minister Karmenu Vella, who is responsible for the national airline.
Both Gasan and Fenech are involved in the tourism sector and own multiple companies abroad.
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 appointments transcend political allegiances and come as a surprise to most observers. The appointments will coincide with other surprising appointments in security forces and also government related companies.
The new Air Malta board is expected to replace the old board headed by Louis Farrugia. 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.