Hangar8 acquires Malta base
Video: Mark Zammit Cordina
Hangar8, one of the largest operators of private jets in Europe, has acquired an initial 49% interest - with an option to gain 51% control - in a new business in Malta.
The ceremony of their acquisition of a base in Malta and the granting of their air operator's certificate is taking place this morning at Malta International Airport. Transport Minister Austin Gatt is presiding over the ceremony.
Their acquisition of a base here was made possible following the creation in Malta of a new aircraft register following The Malta Aircraft Registration Act, which came into force in October 2010.
The company will operate in Malta as Maleth Aero and will be based at Skyparks Buisness Centre.
Through its new business, Hangar8 goes into joint venture with two private investors who will provide working capital while Hangar8 will contribute its marketing and management expertise.
Chief Executive Hangar8 Malta Michael O'Brien said that the benefits of the link with Malta are that the country has positioned itself as a service-oriented and tax efficient jurisdiction to own and operate aircraft and therefore will be seen as an attractive home for new owners. The company's experience with Asian countries, he said, will assist Hangar8 enter this market where it sees strong growth in future.
Established in 2002, Hangar8 is one of Europe's leading operators of private jets. Its ambition is to have the right aircraft within one and a half hours of any customer wherever they are in the world, outside the Americas and Australasia. The company plans to achieve this through organic growth and through consolidating the fragmented sector in which it operates.
Hangar8 now operates 30 private jets. Its aircraft types differ in size and range offering a complement of capabilities from short European hops to trans-continental voyages.
Its clients come from a wide variety of backgrounds including music, sport and corporate.
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Andreas Moser
Feb 6th, 14:14
This will nourish the conspiracy theories about the 12,000 US soldiers on Malta: http://andreasmoser.wordpress.com/2012/01/17/12000-us-soldiers-on-malta/
Angelo Vassallo
Feb 3rd, 22:16
@ R Galea
Nerga nghdlek li veru qed nithassrek.
L-anqasbiss taf li l-Universita` b'xejn ghall kulhadd introduciha GEORGE BORG OLIVIER? Xmintoff mintoff.
Tislijiet, mhux ser nahli aktar hin mieghek. ADDIO
Today, 13:24
Qed ninnota wkoll li uzajt kliemi stess... kemm int nieqes mill-krejattivita habib! Ghall-bidu kont qed nahsbek biss brainwashed... In any case, ma nafx kif tista nt tithassarni, jekk jien bl-ebda mod ma zbilancjajt ruhi... Imma anyway la gejna fiha:
* Telemalta - tippretendi li konna nuzaw t-teknologija ta illum dak iz-zmien?? Kont se tizviluppaha nt qisek!
* "Dahla Grandjuza" - Nispera f'Alla li kien kumment sarkastiku! Kif tista tikkumenta, jekk aqqas biss adek taf x inhu gej? S'issa kull m hemm cappa hadid u concrete ta.
* Mintoff - biss biss insemmi l-Universita li giet miftuha ghal kulhadd biz zejjed!
Angelo Vassallo
Feb 2nd, 22:06
@ Guido Farrugia
Jien nieqes mill-informazzjoni? Jien dak iz-zmien ghextu.
Air Malta - gew ingaggati dawk li kienu jaraw ahmar skur biss, Kien hemm minn qal "l-ewwel ghal-lejburisti.......il-hames ghall-lejburisti u jekk jifdal ghall-lejburisti ukoll.
Telemalta - iccempel u taqbad ma` sitta minn-nies f'daqqa. KMB kien qal "mhux basta niddobbaw!"
Mid-Med u Bov - sraqtuhom lill-Barclays Bank u lin-National Bank of Malta. Min kien ingaggat - dawk li kienu jaraw ahmar skur biss.
Sea Malta - Min kien ingaggat - dawk li kienu jaraw ahmar skur biss. Spiccat kif spiccat tort tal-gwu bhal ma gara fil-Phoenicia Hotel.
Welfare State - Giet introdotta l-pensjoni taz-zewg terzi bazwijja u issa qeghdin nbatu l-konsegwenzi ta' dik id-decizzjoni hazina.
Appartamenti u artijiet madwar Malta kollha mghotijja lil min jara ahmar skur biss.
Issa ser ikollna "Id-Dahla Grandjuza tal-Belt Valletta, bil-Parlamnet u bit-Teatru li GONZIPN mistenni jinawgura qabel l-elezzjoni ta' 2013.
Kien zmien il-pijunieri, dirghajn il-Maltin, bahhar u sewwi, izra u rabbi - haddiema taht dixxiplina militari u l-anqas kienu jistghu jissiehbu fil-gwu ahseb u ara kemm setghu jissiehbu fil-Union Haddiema Maghqudin - UHM. Qieghed niftakar fil-fabbrika tal-kappar u tad-Dezerta.
@ M. Bezzina
Fhimtni hazin, il-Gvern ta' Mintoff kien bis-sassla u bil-kopp jittallab.
@ R Galea
Nies bhalek huma imsieken u nithassarkom R. Galea. Ghax dejjem kontu fuq in-naha hazina ta' l-istorja.
Mintoff kien pilastru mmermer ta' l-ekonomija Maltija. Jekk ma tridx taccettaha affarik... imma l-verita din hi.
Guido Farrugia
Feb 3rd, 11:57
Mela hawn nies li jaraw ahmar skur ta, daqs dawk impjiegi u appartamenti. Il-Welfar state huwa Welfare State u mhux pensjoni biss. Il-lista hija twila wisq biex nindika hawn. Le. mintiex informat sew ghax jekk ghext dak iz-zmien tiftakar tajjeb it-tallaba putirjal. Tassew qed nitlef il-hin mieghek ta, kemm int ghajjien.Biex tara City Gap dahla granjuza tassew ghandek ghamad quddiem ghajnejk. Jien belti u kburi u vera muguh bli qed issir. Monstrosita totali u insult ghal Heritage.
R Galea
Feb 3rd, 13:24
Qed ninnota wkoll li uzajt kliemi stess... kemm int nieqes mill-krejattivita habib! Ghall-bidu kont qed nahsbek biss brainwashed... In any case, ma nafx kif tista nt tithassarni, jekk jien bl-ebda mod ma zbilancjajt ruhi... Imma anyway la gejna fiha:
* Telemalta - tippretendi li konna nuzaw t-teknologija ta illum dak iz-zmien?? Kont se tizviluppaha nt qisek!
* "Dahla Grandjuza" - Nispera f'Alla li kien kumment sarkastiku! Kif tista tikkumenta, jekk aqqas biss adek taf x inhu gej? S'issa kull m hemm cappa hadid u concrete ta.
* Mintoff - biss biss insemmi l-Universita li giet miftuha ghal kulhadd biz zejjed!
Grajjiet kurrenti (ghax qisek kont hibernating da l ahhar):
* Air Malta / Mita - illum mhux Nazzjonalisti biss hemm jew?? X qed tghid??
* Arriva - Jaqaw qatt ma uzajthom?
* Mater Dei - Nawguralek li qatt ma jkollok bzonn tuzah :) State of the art... 5 hours biex tinqeda emergenza, nies fuq l istrechers fil kuruturi etc etc etc
Adek fic cans... ikkonverti ibni! Qatt m hu tard!
R Galea
Feb 3rd, 18:50
btw insejt insemmilek kemm nies se jitilfu xogholhom ma l AirMalta!!!
Martin Cassar
Feb 2nd, 15:05
Ghalekk ried elezjoni generali malajr kemm jista jkunn J.Muscat forsi jitardjaw naqra u jajd ara x'kapaci igib il Muvument progresiv,Partit Gdid u ma nafx kemm il titlu tah il-Partit Laburista. Din hija bicca mil katina il l-Partit nazjonalista ghamel kemm ilu jigverna, Grazzi u proset tal gid li ghamiltu f'dawn lahar 25 sena.
Anthony Butt
Feb 2nd, 19:09
its not for me and you my friend but they can of ford that's one rich ones
Karl Consiglio
Feb 2nd, 12:54
Cool
Angelo Vassallo
Feb 2nd, 12:50
@ Saviour Vella
Fl-ahhar 25 sena (nieqes 22 xahar) hlief gid ma rajniex, konna pajjiz tat-tielet dinja taht MIntoff u Karmenu, niddubbaw b'kollox.
Illum ahna pajjiz prominenti fl-Unjoni Ewropea li l-prim ministru tieghu ghandu l-istess vuci bhas-sitta u ghoxin prim ministri/presidenti l-ohra.
Intom bis-sassla u l-kopp tittalbu kontu!!!!!!!!!!!!!
Guido Farrugia
Feb 2nd, 13:56
Kemm int nieqes min informazzjoni fuq pajjizzek miskin. iddubajna bl-Airmalta, Telemalta, Mid-Med, Bov Seamalta., Welfare State, appartamenti madwar Malta kolla. Insomma litanija li ma tispicca qatt. Taf fejn kienu it-tallaba? City Gate fiz-zmien Gorg Borg Oilvier, iva l-istess wiehed li r-rovina putirjal u issa rdamtuh forsi jintessa. Stahba
M. Bezzina
Feb 2nd, 17:55
Bil mod bil qorq imqatta kont tigri fi zmien Mintoff.....
R Galea
Feb 2nd, 20:07
Nies bhalek jiddizguztawni Angelo... Ghax taraw biss dritt!
Minghajr ma nidhlu fil merti li haqqu u ma haqqux Gonzi, Mintoff kien il pilastru ta l-ekonomija Maltija. Jekk ma tridx taccettaha affarik... imma l-verita dik hi.
K. Vella
Feb 2nd, 12:27
Gibu xoghol u iktar xoghol ta kwalita....
Grazzi
Daniel Ferriggi
Feb 2nd, 12:02
well done :)
R Galea
Feb 2nd, 12:00
the right investment... the wrong Maltese person posing for photos!
Mr Joe Micallef
Feb 2nd, 12:31
Who may I ask is the wrong person?
Saviour Vella
Feb 2nd, 12:48
Ah!, that usual minister, I bet it is another Smart city, Arriva flop. Hi hi hi hi, and pre election gimmick.
Mr Joe Micallef
Feb 2nd, 13:30
Where are the flops may I ask?
R Galea
Feb 2nd, 16:09
hhm... Mister X... who might that be??
S. Zammit
Feb 2nd, 11:57
Very interesting indeed. I wonder what JM is going to say about this!
Angelo Vassallo
Feb 2nd, 11:56
@ Frank Borg
L-istess bhac-cerimonja ta' JM tal-carpark din!!!!!!!!!!!!!!!!
TIXTIEQU!!!!!!!!!!!!!
Angelo Vassallo
Feb 2nd, 11:52
Nistieden lill-JM, biex mis-sapjenza kollha tieghu, jghidilna kif pajjiz, skont hu mimli instabilita` niezla u instabilita` tiela`,il-gvern ta' GONZIPN xorta wahda jibqa` jigbed lejn Malta investiment barrani gdid. B'dan it-tip ta' investiment ser ikollna AKTAR XOGHOL U XOGHOL AHJAR ghall-haddiema kapacissimi u bravissimi Maltin u Ghawdxin. Altru milli ahna MAKKU.
Lara Schembri
Feb 2nd, 12:03
Well Said!!
Reinhard Azzopardi
Feb 2nd, 13:45
Le ta. Taf kif gew Malta dawn? Raw dot fuq il-mappa u qalu "what on earth is that? U iwa let's plonk a base there". Skont il-labour hekk qed isiru l-affarijiet.
Hossam Helwani
Feb 2nd, 11:37
what happened to the multitudes of moans and groans?
This country needs serious psychological help. When things go wrong they scream doom and gloom, When things go right they hide and tremble.
Is it possible that there are people who actually enjoy themselves when the country does badly?
Toni Borg
Feb 2nd, 11:54
yes Hossam, there are! They are called lejburisti!
Saviour Vella
Feb 2nd, 12:00
And Nationalist, in a few months time, Mr. Borg
Richard Caruana
Feb 2nd, 11:27
Another great achievement in the growth of our aviation industry.
Well done.
These are not companies easily attracted and we should be very glad that Malta is chosen for such ventures.
M. Cachia
Feb 2nd, 11:27
This talk reminds me of the SR Technic's saga and the famous Pride Of Malta! Talk....Talk and more Talk! Notwithstanding that I congratulate Capt. O'Brien in his new venture and I thank him of his sterling work when he was at the helm of the Civil Aviation Inspectorate.
C Bonnici
Feb 2nd, 12:29
What about the SR Technics's saga?
The last time I passed by their hangar I could see two aircraft docked in and a third being towed away...besides that, their parking area outside their facility was full of cars....
Now is that " Talk....Talk and more Talk! " ??
Frank Borg
Feb 2nd, 11:24
Ghac-ceremonji hadd ma jaddieh lill Austin kieku, niftakruh fic-ceremonja ta Smart City, fejn qal li din ha thaddem l-eluf, biex issa nafu x'gara, addio impjiegi. Niftakru fic-ceremonja ta' l-Arriva, qal "zmien il-buzullotti spicca", u nafu x'gara wara, mhux talli ma spiccawx il-buzullotti, talli kellna kummiedja shiha fit-trasport pubbliku. Imma l-aqwa li naqtaw iz-zigarelli, imbghad wara milli ghedna m'hemm xejn! J'Alla li din tirnexxi.
carmel callus
Feb 2nd, 11:46
Ghaliex le, jekk ma' kull ċerimonja jinħolqu l-impjiegi godda kif qed ukoll jigri fil-qasam tal-avjazzjoni civili
Vanja Galea
Feb 2nd, 11:49
Frank dejjem ahjar milli tmur tiftah kampanja elettorali f'car park li ma tkunx ghamiltu int!!
Toni Borg
Feb 2nd, 11:56
Xi car park il Hamrun ha johloq ix xoghol siehbi Frank!!
Frank Borg
Feb 2nd, 14:00
U bilhaq ma kienx hemm xi inawgurazzjoni ta xi hangar ta' l-easyjet li wkoll kellu jhaddem in-nies? X'sar minnu dan? Bhas-soltu, u milli ghadna m'hemm xejn.....
Alex Meli
Feb 2nd, 11:09
The level of immaturity when it comes to politics in this country should be an embarrassment to us all. Instead of giving constructive criticism to everything every politician does, we carry on with "GONZIPM", "instability or uncertainty" etc, etc. Shouldn't you guys have gotten this out off your system following football during your school years? The sad thing is that the corruption and the fact no one is responsible for big political mistakes will continue if all we are capable of is this regurgitation of the same tripe day in and day out.
R. Borg
Feb 2nd, 11:09
Tha motto of Gonzi PN is Wait and See. That's what I intend to do. Remember Smart City, by now it should have employed hundreds............
Mr Joe Micallef
Feb 2nd, 11:32
What is wrong with Smart City? Jobs maybe? Let me tell you bright one, if you are able to find a quality IT person who is looking for a job let me know. Smart City is undoubtedly behind schedule in terms of job creation but it will eventually deliver, also because it is privately owned (this Hangar8 story is proof of that).
PN governments always let the private sector create jobs whilst it delivers the necessary legal and physical infrastructure and trained human resources.
Philip Grech
Feb 2nd, 12:34
PN governments always let the private sector create jobs whilst it delivers the necessary legal and physical infrastructure and trained human resources.
Jekk ghandek zmien daqsi tiftakar li dan li int qed tghid huwa kollu minnu, imma private sector ta' l-Awstralja kien.
Mr Joe Micallef
Feb 2nd, 13:33
Philp Grech m'ghaniex zmien daqshekk imma ninteressa ruhi bizzjed biex naf li dak iz-zmien il private sector ta l'Awstralja, ta l'Amerika u tal' Canada kienu joffru xoghol lil Ewropa kollha. Naf ukoll li meta il PN ha l'Gvern fl'87 numru kbir ta dawk li emigraw gew lura.
Antoine Psaila
Feb 3rd, 14:47
@ Joe Micallef
Inti bis serjeta qed tighd hekk??? Min tahsbu li intom in nazzjonalisti ha tibqghu tistmaw il Maltin ta cwiec. Dazgur li hawn min hu tajjeb f'l-I.T. Qabel kollox inti tifhem fl'I.T billi qed tparla ?????? Smart City ma fethitx ghax kienet biss lixka ghal elezzjoni. Leee Smart city ma tezistix!!
Robert Caruana
Feb 2nd, 11:06
The Underground levels will be inaugurated by Joseph Muscat later on this evening.
M. Chircop
Feb 2nd, 11:03
Din hi l'instabbilita li qed jirreferi ghaliha il-prattikament PM Muscat?
Oliver Grech
Feb 2nd, 11:00
Yet another vote of confidence. Well done to the PM and his team. This is what we are achieving. Something which is beneficial to all.
J Galea
Feb 2nd, 10:55
I wonder if this is the result of instability or uncertainty?
Reinhard Azzopardi
Feb 2nd, 10:54
let's see what good 'ole Joseph has to say about this :)
J Craig
Feb 2nd, 10:51
this is GONIZPN
Julian Borg
Feb 2nd, 10:49
"Pajjiz imfarrak" was how Marie Louise Coleiro described Malta at the Party conference; Dr Fearne described it as "Pajjiz tal-medjokrita" - hekk qed nara jien ukoll ........ all these investors must be insane.
A Spiteri
Feb 2nd, 10:42
certifikat iehor...viva gonzi!!!!
M. Bezzina
Feb 2nd, 10:58
Mela le fejn hu sew ghala maghndniex infahhruh!!Imma daqs tant iehor fejn hemm il hazin ghadna nikkritikkawh ....nahseb int il possitiv biss tara imma!!!
Vanja Galea
Feb 2nd, 10:39
well done Austin Gatt and Transport Malta (Aviation Directorate)
Karl Abela
Feb 2nd, 10:24
A feather in Gonzi's hat.