Thursday, November 23, 2006

Commission allows Malta to aid the creation of new air routesThursday

The European Commission has decided to allow Malta to grant start-up aid for new air routes from Malta International Airport. The measure will last until September 2011 and provides for a total of Lm25 million (€58 million) to airlines in order to finance new routes.

The primary objective of the aid is to improve connectivity by enhancing access to air transport services which are of basic importance for the economic and social development of Malta. The measure approved by the Commission provides for public funding of new services departing from Malta International Airport.

The aid is designed to help airlines wishing to establish new routes to/from the airport by meeting part of their start-up costs and route specific marketing aid.

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