Airplanes and airlines. Alitalia–Air Malta joint statement: talks terminated
Rome, Italy - Jointly decided
Air Malta and Alitalia have jointly decided to terminate the talks which would have led to Alitalia becoming a 49% shareholder in Malta's national carrier. The two airlines agreed that the current changing landscape in the airline industry was not ideal for a such a transaction and that both airlines would concentrate on the current challenges without entering into a partnership. Both will continue to collaborate closely commercially through a recently launched extensive code-sharing program. See also AVIONEWS 1 and 2.
World Aeronautical Press Agency