A Budget that extends the safety-net for Businesses, more tax incentives should follow to enable new investments
19 October 2020
Budget 2021 The Malta Chamber of SMEs is pleased to see a number of its...
GRTU Deputy President
Philip Fenech has this week participated in a consultation meeting organized by
MEUSAC on the Single European Sky 2+. This second regulatory package is
performance-oriented. Its ultimate objective is to increase the economic,
financial and environmental performance of the provisions of the Air Navigation
Services in Europe.
Key facts and
skies and airports risk saturation
passengers pass through Europe's more than 440 airports every year
there are around 27,000 controlled flights – that means 9 million cross
Europe's skies each year
80% of these
flights are operated within the EU
of flights is expected to increase by 50% over the next 10-20 years
is done there will be chaos. Europe would not only have to reject a large
portion of potential demand, it would also be vulnerable to delays and flight
cancellations on an unprecedented scale
usual- congestion costs will increase around 50% by 2050
problem is that Europe's air traffic management systems are fragmented and
GRTU is strongly in
favour of increased efficiencies in air transport and this proposal is exactly
targeted to introduce centralized systems amongst others that would increase
efficiency. Although there might be many arguments against the proposal it is
the way forward and the only logical way in which things can progress. It will
save the cost and time of commuting which we believe will help boost the EU's
economy and increase mobility of tourists. We feel some issues and concerns
might have to be addressed to take into consideration the particular situation
in the Member States but otherwise we feel the aim of the proposal are in
everyone's best interest.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).