Lithuanian ACMI carrier behind project for new Maltese national carrier?

Published: 24-02-2023 Lithuanian ACMI carrier behind project for new Maltese national carrier?

Feb 24, 2023 (newstodate): The Lithuanian charter and ACMI airline Heston Airlines is in the process of establishing a subsidiary "in disguise" in Malta.
   Industry sources and media claim that the coming new offshoot is identical to another new venture, Valetta Air, poised to lift-off early 2023 with a focus on global charter and ACMI services.
   Heston Airlines is thus claimed to be behind Valetta Air's AOC and Operating License, granted on February 9, 2023, and Valetta Air has now applied with the US FAA for a Foreign Air Carrier Permit and Exemption Authority.
   Valetta Air is planning for operating three Airbus A320-200 and two Airbus A330-200 before the end of 2023.
   Speculations are that Valetta Airlines is poised to become the successor to the country's current national carrier, Air Malta, that is deep in financial mire and close to a crash landing with a fleet of seven Airbus A320 aircraft.

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