Air Malta'srestructuring plan is now in its "advanced stages" and will be submitted to the European Commission for approval by the end of January, The Malta Independent reported. The restructuring plan, which is being prepared by Ernst & Young, will entail job cut recommendations. The plan must be approved by the EC; the €52 million ($67.2 million) emergency loan facility temporarily approved by the body is conditional on the plan's viability (ATW Daily News, ...

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