Another reason why not to privatise Air Malta

Michael Neville Cassar

Jun 26th 2009, 08:59

Taking away the tools of income with the excuse of leaving more money in people’s pocket, I ask WHO’s Pocket? The PN have never stopped from the goal idea that privatization is the correct way of running the economy of these islands, yet we see that certain sectors will chain ruin other sectors of the economy.Remember SEAMALTA, how many jobs lost and the sailors that are still without their money owed to them.

Galea. L

Jun 25th 2009, 17:15

r ferriggi, c. camilleri
One route compensates another.
When it's a public company it puts its profits back to the Government to be used in the peoples interests, while if it is privatized the profits will go to the private sector which when faced with problems falls back on the Government (read US TAXPAYERS) to bail them out. So why not keep it as a Government or parastatal entity in the first place?

c. camilleri

Jun 25th 2009, 16:22

Yes a good reason for the taxpayer to finance a route which is not making profit.

r ferriggi

Jun 25th 2009, 12:43

yes,,, and another reason not to privitise it is to do waht it wants, to hold on to the jobs even though they may be shedding ( due to union and/or heavenly intervention), and also for the odd job handout before the elections ( (( is it still the case??))

with those exorbitant prices. of course airmalta survives.

i still see airmalta run like a government department in many aspects.