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    AZN   GB0009895292


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AstraZeneca : Air Malta Transports Maltese Solidarity to Rwanda; 135,690 AstraZeneca vaccines to Kigali; Longest and Farthest Non-stop Flight

10/20/2021 | 08:51am EST

Air Malta has operated its longest and farthest non-stop flight. The charter flight, to Rwanda's capital, Kigali, carried 135,690 AstraZeneca vaccines donated by the Government of Malta to the African nation.

The seven-hour long direct flight, covered 2426 nautical miles, departed Malta at 2:00am on Friday morning and landed at Kigali at 9:00am.

Flight KM7510 was flown by the airline's youngest Airbus A320neo aircraft (9H-NED). Such long-distance non-stop flights can now be operated with the airline's new A320neo aircraft fleet that offers additional range, 20% lower fuel costs, are more environmentally friendly and have a 50% less noise footprint then the older Airbus A320ceo models.

Commenting on this humanitarian mission, Air Malta's Executive Chairman, David G. Curmi said, 'We are proud to again offer our assistance to transport this humanitarian assistance donated by the Maltese people to this African nation. The WHO recently stated that Africa needs seven times more covid vaccines than it currently receives to meet its target to fully vaccinate 70% of its population by September 2022. As an airline, that believes in equality and solidarity, it is our duty to assist in such situations and be part of this global effort to help other parts of the world achieve immunity against this disease. Air Malta will continue to be of strategic importance to the Islands by offering its support when the need arises.'

During the pandemic the airline was instrumental to the Maltese Islands by carrying hundreds of tons of cargo that included vaccines, medicines, medical supplies, and personal protective equipment. The airline has also taken an active role to assist the Maltese government to distribute covid vaccines abroad. Last August the airline transported 40,000 vaccines and a similar number of rapid testing kits to Libya.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2021 35 919 M - -
Net income 2021 3 423 M - -
Net Debt 2021 25 253 M - -
P/E ratio 2021 37,4x
Yield 2021 2,56%
Capitalization 170 B 170 B -
EV / Sales 2021 5,45x
EV / Sales 2022 4,46x
Nbr of Employees 76 100
Free-Float 96,4%
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Leif Valdemar Johansson Non-Executive Chairman
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Pam P. Cheng Executive VP-Operations & Information Technology
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