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SUNDAY • 19 APRIL 2020 • ISSUE 1068 • PUBLISHED EVERY WEDNESDAY AND SUNDAY
maltatoday
PAGE 2
Air Malta forecasts
€130 million in
COVID-19 losses
MATTHEW VELLA
AIR Malta is bracing itself for
maximum damage from the
COVID-19 outbreak, as ground-
ed aircraft and a zero-revenue
situation will mean it will suffer
well over €130 million in losses
by the start of the summer sea-
son.
The scale of losses represents
the greatest challenge the na-
tional airline will face, with
government sources privy to
the financial situation inside
Air Malta saying they forecast
a gradual return to business in
2021.
Until then, the pandemic
will keep Air Malta's aircraft
grounded, costing it some €30
million just in ticket refunds.
Another €100 million will be
direct losses from
COVID-19 costs.
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Maltese braced
for restrictions
to stay until
end of summer
KURT SANSONE
PEOPLE are
bracing them-
selves for restric-
tive measures
to last until the
end of sum-
mer despite the
country's suc-
cess in containing
COVID-19, a MaltaTo-
day survey found.
The survey
was held before
Health Minister
Chris Fearne
cautiously sug-
gested some
of the restrictions may start
to be lifted in the coming
weeks.
The survey found that
44.9% of people expected the
restrictive measures to stay
in place until the end
of summer, while
27.4% believed
they will remain
in force until the
end of June.
A smaller co-
hort (14.2%) were
more pessimistic and
expected the social distanc-
ing measures to last until
the end of the year. A much
smaller cohort was op-
timistic the restric-
tions will be lifted
by the end of May.
PGS 14-15
73.6% believe
restrictions are
' just right'
mt
survey
€1.95
