MaltaToday previous editions

MaltaToday 15 April 2020 MIDWEEK

Issue link: https://maltatoday.uberflip.com/i/1235679

Contents of this Issue

Navigation

Page 0 of 15

WWW.MALTATODAY.COM.MT WEDNESDAY EDITION €1.00 WEDNESDAY • 15 APRIL 2020 • ISSUE 683 • PUBLISHED EVERY WEDNESDAY AND SUNDAY EDITORIAL • PAGE 11 PAGE 2 CORONAVIRUS Coronavirus Medavia grounds fleet, fires pilots and cabin crew Maltese economy to shrink by 2.8% in pandemic year, least decline in EU PAUL COCKS PILOTS, cabin crew and engineers have been laid off by Medavia (Med- iterranean Aviation Co. Ltd.), which is blaming the restrictions on air travel introduced by the govern- ment as response to the COVID-19 pandemic, despite having lucrative contracts in place – and still oper- ating – with the United Nation's World Food Programme. Even more worryingly, a four-men crew stationed in Juba, the capital city of South Sudan, with one of the company's Dash-8 aircraft, has now been left stranded there, with no WFP operational license and no way to get out of the country, which has closed its borders in response to coronavirus. PAGE 2 PAGE 3 PAGE 5 Nine new cases bring local total to 393 Air Malta pilots reaping what they sowed, airline says Medavia's Dash 8-100 MATTHEW VELLA MALTA will endure a contrac- tion in gross domestic product of -2.8%, according to a financial model published by the Inter- national Monetary Fund – the smallest impact among eurozone countries. But the buoyant Maltese econo- my can be expected to grow by 7% in 2021, as economic activity nor- malises, one of the highest rates bar the Baltic countries' projected recovery rates. According to the IMF's most recent publication, Malta's cur- rent 4.3% final quarter economic growth in 2019, will be -3.8% in the same quarter in 2020, but then possibly normalising to 9% in the same quarter in 2021. MATTHEW VELLA AIR Malta has accused pilots union ALPA of having refused to discuss the financial implications of the COVID-19 pandemic on the airline, by repeated- ly dismissing offers to reach an agreement.

Articles in this issue

Links on this page

Archives of this issue

view archives of MaltaToday previous editions - MaltaToday 15 April 2020 MIDWEEK