Air Malta has appointed Ray Hart as Chief Restructuring Officer of the airline.  He will be working under the direction of Chief Executive Officer Peter Davies and will be responsible for the reorganisation process and spearheading change management within Air Malta.

"The restructuring process of the Maltese airline is commencing in parallel with discussions with the European Commission and in the coming weeks Mr Hart will be joined by further internal as well as external support," Air Malta said.

Australian born Mr Hart, who has worked with Peter Davies before, has vast experience in business restructuring and implementation. A chartered accountant by profession he has previously been involved in several airline projects.

Commenting on this appointment, Peter Davies, Air Malta’s Chief Executive said: “Ray Hart brings with him the in-depth and hands-on knowledge of similar processes. His leadership qualities are well known. I am sure that together with the senior management team that will be appointed in the coming weeks he will lead the process in a seamless transition”.