Air Malta reports FY2012 financial highlights

08-Aug-2012 Air Malta has today presented its audited annual report and consolidated financial statements for the year ended 31st March 2012. During this year the airline started seeing positive improvements as a result of the effectiveness of its restructuring efforts and has exceeded, albeit slightly, its budgeted figures of the restructuring plan. The positive improvements were achieved despite the financial conditions across Europe, the reduction in capacity and a large increase in fuel costs which impacted the level of progress that was registered.