Malta AOC move by Ryanair

Post-Brexit plans by Ryanair took another turn last week after the airline said it was investing in a Malta Air Operator’s Certificate (AOC) through the purchase of the start-up carrier Malta Air.

Ryanair said it would then “move into” Malta Air and grow its island-based fleet of six Boeing B737s, allow Ryanair to grow its “already sizeable presence” in Malta with 3m passengers a year and access non-EU markets in North Africa from Malta.

Completion of the deal is planned for the end of this month after which Ryanair Holdings said it would switch six Malta-based aircraft worth more than $600m to Maltese register.

The airline says 200 Malta-based crew will move on to local contracts paying local Maltese taxes while the company plans to increase its Malta-based fleet to 10 aircraft within three years and create more than 350 jobs.

Ryanair will brand the fleet in Malta Air colours for summer 2020 and move Ryanair aircraft from France, Italy and Germany to the Malta AOC, allowing crews to pay taxes in France, Italy and Germany instead of Ireland where they are currently required to pay under Ryanair’s Irish AOC.

www.ryanair.com

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