It's official: Alitalia deal falls through
The plug has been pulled on talks between Air Malta and Alitalia for the sale of 49% of Air Malta to Alitalia, with sources confirming that the deal has fallen through. Speculation that the Maltese govt was very close to terminating the Memorandum of Understanding signed in April 2016 has been going on for months, with prime minister Joseph Muscat and Tourism minister Edward Zammit Lewis repeatedly insisting that nothing was cast in stone and alternatives would be considered if the Alitalia deal was not advantageous. Doubts on the deal always focused on whether the agreement would ultimately benefit Air Malta’s employees and the country. “The govt has repeatedly stated that no deal will be signed unless it is beneficial to the airline, tourism industry and the Maltese economy at large,” Zammit Lewis said Saturday. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-09/sky/its-official-alitalia-deal-falls-through
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It's official: Alitalia deal falls through
The plug has been pulled on talks between Air Malta and Alitalia for the sale of 49% of Air Malta to Alitalia, with sources confirming that the deal has fallen through. Speculation that the Maltese govt was very close to terminating the Memorandum of Understanding signed in April 2016 has been going on for months, with prime minister Joseph Muscat and Tourism minister Edward Zammit Lewis repeatedly insisting that nothing was cast in stone and alternatives would be considered if the Alitalia deal was not advantageous. Doubts on the deal always focused on whether the agreement would ultimately benefit Air Malta’s employees and the country. “The govt has repeatedly stated that no deal will be signed unless it is beneficial to the airline, tourism industry and the Maltese economy at large,” Zammit Lewis said Saturday. <br/>
