€1.50
THURSDAY 11 AUGUST 2022 • ISSUE 168
WWW.BUSINESSTODAY.COM.MT
PAGE 5
PAGE 3
Air Malta staff transfers pushed
to December with voluntary
retirement scheme on the table
BUSINESS TODAY will
not be published next
Thursday 18 August
GO registers
12.9% increase
in H1 revenue
over 2021
MATTHEW VELLA
AIR Malta staff earmarked for early ter-
mination in August, will now leave the
national airline by 31 December, 2022.
With the airline enjoying healthier
summer loads as tourism picks up from
the pandemic, more workers have had
to be retained for service despite plans
by the finance ministry to release 600
airline employees into the public ser-
vice.
Plans changed this week during talks
between unions and the finance minis-
try for a new 31 December deadline.
But a voluntary retirement scheme is
also on offer, with dates of service based
as at end 2022. Both this VETS and
another early retirement scheme, are
non-taxable and will be paid in a one-
time instalment.
Anyone taking one of the two schemes
is not eligible for work in the public sec-
tor or the public service for the next six
years.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 10 Aug 2022
Number of Trades: 92
Turnover: € 1,193,932.59
MSE TRX Index: 7,759.15
(Change: +0.051)
Name 3.8% HLF UNSE
MT0001911206 - Currency €
Last Traded: 10 Aug 2022
Price 101.990
Change +1.890
US Dollar 1.0217
British Pound: 0.85227
Japanese Yen: 141.16
Australian Dollar: 1.4814
Swiss Franc: 0.99322
7,267.81
-28.31
7,347.60 / 7,253.56
Value
Net variation
High / Low
-0.33
During the first six
months of 2022, GO
p.l.c. generated revenue
amounting to €106
million, an increase
of €12.1 million
compared to H1 2021
