Malta MedAir (MT, Malta International) and Six West Services have established a joint-venture providing flight operations solutions to the leasing industry, Six West Malta (Malta International), a support services company, said in a press release.
The new company aims "to position Malta as an attractive jurisdiction for the aircraft leasing industry through the provision of both a niche service which optimises aircraft use in between leases and ACMI services".
The JV will offer airlines and aircraft owners the chance to place their aircraft on Six West Malta's Air Operator's Certificate (AOC). As an established market for aircraft owners, which is under the jurisdiction of the European Union Aviation Safety Agency (EASA), Malta "enables aircraft lessors greater access to worldwide lease placements in destinations which currently present unfavourable levels of risk within the prevailing lessor-lessee business model".
Six West Malta is applying for its own AOC in Malta but also has access to the Malta MedAir's AOC "should there be an immediate need prior to our own AOC being issued", Chief Executive Dany Pennington explained to ch-aviation.
Six West Services provides support services to aircraft lessors, airlines, and private aviation. The Dublin-based firm is also applying for an AOC in the Cayman Islands for Six West (Cayman Islands) (Grand Cayman Island).
Malta MedAir, in turn, is a subsidiary of flag carrier Air Malta (Malta International), initially created in 2018 to warehouse the airline's slots. In order to preserve its AOC, Malta MedAir currently operates one A320-200 on behalf of Air Malta.
