On June 21st Ryanair reported their €20m milestone agreement to use Malta’s facilities for the organization’s maintenance aircraft fleet, adding the list with Lufthansa Technik and EasyJet. Low cost Ryanair engages 2,500 engineers within the European region ensuring the safety of its passengers through the company’s subsidiaries MaltaAir, Lauda and Buzz.
As opposed to EasyJet whereby the Low Cost Carrier LCC concentrates on serving main European airports, Ryanair alternatively eyed secondary airports as its market strategy. Observers highlight that Ryanair’s strategic decision resulted in economic empowerment in various small European cities that were arduous to reach. The plan of action defined the European Commission’s main goal that is to establish an equitable distribution of wealth within the EU Bloc (European Parliament, 2022).
Ryanair CEO Eddie Wilson pronounced that:
“As the largest airline serving Malta, Ryanair is delighted to open this new maintenance centre. Ryanair creates opportunities for highly skilled engineering jobs, with our industry leading rosters and youngest fleet in Europe. This €20m investment plan further underlines Ryanair’s commitment to the highest standards of aircraft operations & maintenance, and also Ryanair’s commitment to Malta, where we offer a record 62 routes this summer and lead Malta’s post-Covid tourism recovery.” (Ryanair, 2022)
The Aircraft Maintenance, Repair and Overhaul (MRO) activity in Malta conveys in-bound and out-bound cargo movements to sustain the undertaking of the aircraft’s maintenance. The operation entails dedicated ‘time-sensitive’ Logistics Service Providers that are able to integrate their systems within the needs of the Airline’s technical support, maintenance and overall management.
FreightZone (Malta) Logistics Ltd supported by a qualified team has over the years established cargo management skillsets in handling projects related to the growing (MRO) sector on the Island.
Sources:-
European Parliament, 2022. Economic and Budgetary Outlook for the European Union 2022. – www.europarl.europa.eu.
Ryanair, 2022. Ryanair Announces Malta Maintenance Facility. – www.corporate.ryanair.com.
