Page 18 - Alan Borg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The following are the main stories in Sunday’s newspapers The Sunday Times of Malta says an “overwhelming majority” of countries expressed opposition to Malta being placed on a global watchdog’s financial crime grey list. In another story, the newspaper speaks to Malta International Airport’s CEO Alan Borg who says Malta’s addition to the UK’s quarantine-free travel list is a “game changer”, ahead of Wednesday’s expected bulk arrivals from Britain. The Malta Independent on Sunday quotes the Institute of Financial Services Practitioners saying that a collective effort is ne...

by Skytrax: London, UK Malta International Airport has been Certified with the highest 5-Star COVID-19 Safety Rating, by international air transport rating agency Skytrax. This Safety Accreditation is regarded as a global benchmark for defining safe travel assurance for customers. The 5-Star COVID-19 Airport Safety Rating is a top recognition of the effectiveness of the hygiene and safety measures introduced by Malta International Airport to protect their customers and staff against the spread of coronavirus. The COVID-19 audit was conducted in May 2021 evaluating over 175 safety protocols in...

Malta International Airport is one of nine airports worldwide to have been awarded five stars for its COVID-19 health and safety efforts by the leading air

Newsbook Miguela Xuereb A decade of positive results equipped Malta International Airport with the resilience required to withstand the global pandemic that brought the global aviation industry to its knees. Addressing the Malta International Airport 29th Annual General Meeting which was held remotely, chairman Nikolaus Gretzmacher that while nothing could have fully prepared the company for the unforeseen events of 2020, a decade of solid financial and traffic results had equipped Malta International Airport with resilience to withstand the shocks of a crisis that brought the global aviation...

The airport’s revenue last year dropped by nearly 70% after COVID-19 forced shut airports worldwide, however, the company is hoping for a better second half of 2021. CEO Alan Borg said on Wednesday that the total revenue generated dropped by nearly €70 million to €32 million. A “dramatic drop” was recorded in earnings before interest, taxes, depreciation, and amortisation (EBITDA) – from €63.2 million in 2019 to €5.6 million in 2020. However, the company’s “timely” implementation of cost-cutting allowed it to limit its net loss to €4.3 million. Capital expenditure mean...