Tourism Minster Edward Zammit Lewis said this morning that Air Malta was on track to keep losses for the financial year ending this month at about €15 million, in line with projections. That would mean that the target agreed with the EU Commission to make the company viable would have to be met in the following 12-month period by March of next year. 

Failure to meet this deadline would mean that the government would no longer be allowed to give the airline state aid to cover for its losses. However he was confident the airline would achieve its targets.

Dr Zammit Lewis was speaking during the inauguration of the 22nd Amitex Travel Fair at the MFCC complex in Ta' Qali and comments to the media after.

He also said that Air Malta will soon finalise the bidding process for the sale of the Selmun Palace Hotel.

The tourism minister said the recent decision to restructure the airline's inflight catering service would save €9 million over the next 27 months. The controversial sparked a barrage of criticism as economy passengers started getting a small baguette and a small bottle of water on all flights, instead of the previous menu.

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