Organisational shake-up at Air Malta

Air Malta has announced the reorganisation of its senior management structure. Staff were informed of changes, aimed to enable the airline to move to its second phase of development, in an internal memo last week. Chief Executive Peter Davies told the staff that the restructuring process, managed in a relatively short time, started showing results and everyone's efforts were beginning to bear fruit. “Whilst we have achieved some significant milestones we are still not out of the woods. Much has still to be improved as we continue the vital path of profitability without which we cannot survive,” Mr Davies said. To date, Air Malta’s organisational structure has reflected the first phase of its turnaround - the creation of a company that is focussed on delivering profits and to secure an improved balance and cash flow. The airline now has to move to the next phase to enable its business prosperity. That required a change in Air Malta’s senior management structure. Mr Davies announced that the airline was ready to enter this phase of development and move forward towards the goal of self-sufficiency and profitability. “We need to consolidate the gains we have achieved and begin to map...