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Air Malta seeks buyer for retail businessAir Malta seeks buyer for retail business
15-Jul-2005
MALTA. Air Malta is seeking to offload its 100% holding in Air Supplies & Catering after initially aiming to sell a 60% share in the company (RavenFox.com January 14)
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The move is in line with the airline's divestment strategy following Malta's accession to the European Union last May, allowing it to focus efforts on its core aviation business.
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(5-Jul-2005) - After initially offering a 60% share in Air Supplies & Catering, the airline is now seeking to dispose of its entire retail division
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(14-Jan-2005) - The carrier is to seek a majority stakeholder for its retail subsidiary as the next step of its divestment process
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