{"id":259521,"date":"2024-03-31T10:46:32","date_gmt":"2024-03-31T02:46:32","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=259521"},"modified":"2024-03-31T10:46:32","modified_gmt":"2024-03-31T02:46:32","slug":"malta-shuts-down-national-airline-opens-new-one","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=259521","title":{"rendered":"Malta shuts down national airline, opens new one"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img src=\"https:\/\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/EUXBIE6XTBJIRLKQE36NUTFZVY.jpg\" alt=\"Air Malta Airbus A320 airliner, sporting the Maltese national airline's new livery, does a fly past during the Malta Airshow at Malta International Airport outside Valletta\"\/><\/figure>\n\n\n\n<p>VALLETTA, March 31 (NNN-XINHUA) &#8212; Malta&#8217;s national airline, Air Malta, ceased operations on Saturday, 50 years after its first flight, making way for a new flag carrier that starts flying on Sunday.<\/p>\n\n\n\n<p>Air Malta began operations in 1974 but eventually became loss-making, forcing successive governments to implement measures to stop the hemorrhage.<\/p>\n\n\n\n<p>The decision to shut down the debt-ridden airline came last year when the European Commission refused to allow the Maltese government to save the ailing airline through a 300 million euro (324 million U.S. dollars) injection. The Commission said this would have breached EU State-aid rules.<\/p>\n\n\n\n<p>The new KM Malta Airlines will take over as the flag carrier for the Maltese islands, operating a smaller number of routes and with a leaner staff complement. &#8212; NNN-XINHUA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VALLETTA, March 31 (NNN-XINHUA) &#8212; Malta&#8217;s national airline, Air Malta, ceased operations on Saturday, 50 years after its first flight, making way for a new flag carrier that starts flying on Sunday. Air Malta began operations in 1974 but eventually became loss-making, forcing successive governments to implement measures to stop the hemorrhage. The decision to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[209],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/259521"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=259521"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/259521\/revisions"}],"predecessor-version":[{"id":259524,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/259521\/revisions\/259524"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=259521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=259521"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=259521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}