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BUSINESS TODAY 11 August 2022

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€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5 PAGE 3 Air Malta staff transfers pushed to December with voluntary retirement scheme on the table BUSINESS TODAY will not be published next Thursday 18 August GO registers 12.9% increase in H1 revenue over 2021 MATTHEW VELLA AIR Malta staff earmarked for early ter- mination in August, will now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

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