Ryanair to Form Maltese Subsidiary

Ryanair, Europe’s largest low-cost carrier, will transform its operations on the island of Malta into a standalone operating unit, to be called Malta Air.

To bolster its presence at Malta International Airport, the company will build a maintenance hangar, establish additional routes, and base five more aircraft at the facility.

At present, the Irish parent company controls subsidiaries in Austria, Poland, and the United Kingdom. According to REDBOOK, mba’s fleet intelligence platform, the Ryanair Group companies operate a combined fleet of 476 narrow-body aircraft.

Source: Aviator