Gozo Channel directors’ wages increase as crew numbers decrease

Last year, the Gozo Channel’s nine directors reportedly earned €54,146 more than the previous year between them increasing their salary average, Sunday newspaper Illum reports.

According to a Gozo Channel Company Ltd 2010 annual financial report, expenses were almost doubled. Between 2009 and 2010, the Gozo Channel crew of 239 was reduced by seven people leading to a decrease of 6% in administrative expenses.

This reduction in the number of employees increased the company’s intake to over €2 million - before taxes.

This revelation could give a bad impression as the Gozo Channel is partially funded by the government and assistance from Public Obligation Services (PSO) without which the company would suffer a deficit of approximately €2 million a year.

Read more in Illum’s digital edition