My Airline only wants to pay outstanding wages with a new investor

Airbus A320 (Photo: The Bangsawan).
Airbus A320 (Photo: The Bangsawan).

My Airline only wants to pay outstanding wages with a new investor

Airbus A320 (Photo: The Bangsawan).
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The short-lived airline My Airline is said to owe many employees their salaries. Numerous employees therefore went to court with the support of the union. The company has now agreed that money will flow from January 2024.

My Airline had to be in early October 2023 cease flight operations. Employee representatives explain that many employees did not receive any salaries for the months of September and October 2023. According to its own information, the union represents 158 people affected and also states that in some cases no money has been paid for over five months. In the meantime, some lessors have already cashed in their planes.

First, they contacted the relevant authorities. This was followed by an order stating that My Airline must pay the outstanding wages and salaries. Since there was little follow-up to this, those affected went to court. The company has now agreed that the outstanding debts will be paid from January 2023.

But there is a catch: the promise is tied to finding new investors. In other words: My Airline currently does not have the money to which its employees are entitled. The hope is that fresh financial resources can be obtained and then used to pay off the debts owed to employees.

Accordingly, the reaction of the responsible union is not exactly euphoric. There is even talk of the commitment being worthless if management fails to find new investors. This would not be an acceptable approach for the employees, because the employee representatives rate the probability that no one will be found who wants to take over the company and/or support it financially as “very high”.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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About the editor

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

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