natgillin/translations-raw huggingface dataset:
additional bag charge fees of EUR [35 to 45] for any second or subsequent bag, it is assumed that 3 % all passengers travel with more than one bag (EUR [1 to 2] million p/a);
pristojbine za dodatno prtljago v vrednosti [35 do 45] EUR za vsak drugi ali dodatni kos prtljage; predvideva se, da 3 % vseh potnikov potujejo z več kot enim kosom prtljage ([1 do 2] milijona EUR letno);
additional revenue shall also be generated through seat reservations fee of EUR [9 to 11] for each reservation, it is assumed that on average 10 passengers a sector will make a seat reservation;
dodaten prihodek se ustvari tudi s pristojbinami za rezervacijo sedežev v vrednosti [9 do 11] EUR za vsako rezervacijo; predvideva se, da v povprečju 10 potnikov na sektor opravi rezervacijo;
lounge access fee of EUR [9 to 11] with an assumed take-up rate of 1 % (EUR [100000 to 200000] p/a);
pristojbina za vstop v letališki salon v vrednosti [9 do 11] EUR s predvideno 1-odstotno stopnjo uporabe ([100000 do 200000] EUR letno);
revenues through bag insurance of EUR [3 to 5] offered when making an online booking with an assumed take-up rate of 1 % (EUR [50000 to 100000] p/a).
prihodki iz zavarovanja prtljage v vrednosti [3 do 5] EUR, ki je na voljo pri spletni rezervaciji, s predvideno 1-odstotno stopnjo uporabe ([50000 do 100000] EUR letno).
In-flight revenues initiatives include
Pobude v zvezi s prihodki iz storitev med poleti vključujejo:
paid catering service (EUR [4 to 5] million p/a);
plačljivo storitev priprave in dostave hrane ([4 do 5] milijonov EUR letno);
sale of duty free and other goods (EUR [1 to 2] million p/a).
prodajo blaga, ki je ob uvozu oproščeno plačila carine, in drugega blaga ([1 do 2] milijona EUR letno).
Reduction of staff and organisation change
Zmanjšanje števila zaposlenih in sprememba organizacije
Air Malta plans to significantly restructure its organisation in order to reduce the costs of the back office and support functions but also to improve the productivity of the front line operational functions.
Družba Air Malta načrtuje znatno prestrukturiranje svoje organizacije, da bi zmanjšala stroške zaledne pisarne in podpornih funkcij ter izboljšala storilnost glavnih operativnih funkcij.
The four trade unions have a legally valid Collective Agreement, through which early retirement schemes (ERS) are available to staff as an entitlement.
Štirje sindikati imajo pravno veljavno kolektivno pogodbo, na podlagi katere so zaposlenim kot pravica na voljo sheme predčasnega upokojevanja.
The eligibility criterion of the ERS is such that only […] staff are eligible to apply.
V skladu z merilom za upravičenost so do vložitve zahtevka za shemo predčasnega upokojevanja upravičeni samo […] zaposleni.
Additionally, Air Malta will offer a voluntary redundancy scheme (VRS) which will be universally available to staff wherein the Company retains the right to accept or refuse the staff member’s application.
Poleg tega bo družba Air Malta nudila shemo prostovoljnega upokojevanja, ki bo splošno dostopna zaposlenim, pri čemer si družba pridržuje pravico do sprejema ali zavrnitve prošnje uslužbenca.
Employees are eligible for the VRS when they have continuously worked with Air Malta for at least […] years.
Zaposleni so upravičeni do sheme prostovoljnega upokojevanja, če so bili pri Air Malta zaposleni najmanj […] let.
The VRS offers a payment of up to EUR […] per employee […].
Shema prostovoljnega upokojevanja nudi plačilo v višini do […] EUR na zaposlenega […].
Moreover, the Company also underwent a main organisation structure change and recruited new key executives to its management team.
Poleg tega je družba izvedla pomembno spremembo strukture organizacije in v svoji vodstveni ekipi zaposlila nove ključne vodilne delavce.
State aid and financing of the restructuring costs
Državna pomoč in financiranje stroškov prestrukturiranja
Given the total restructuring costs of EUR 238 million, the Government of Malta intends to recapitalise the beneficiary with EUR 130 million of equity according to the following schedule: EUR 60 million will be injected via fresh share issue in FY2013, EUR 15 million in FY2014, EUR 3 million in FY2015 in addition to EUR 52 million in Government debt substituting the approved Rescue Aid loan and already disbursed to be converted to equity.
Glede na skupne stroške prestrukturiranja v vrednosti 238 milijonov EUR namerava vlada Malte dokapitalizirati upravičenca s 130 milijoni EUR lastniškega kapitala v skladu z naslednjim načrtom: 60 milijonov EUR bo vloženih prek izdaje svežih delnic v finančnem letu 2013, 15 milijonov EUR v finančnem letu 2014, 3 milijoni EUR pa v finančnem letu 2015, poleg 52 milijonov EUR v vladnem dolgu, ki nadomeščajo odobreno posojilo za reševanje in se že črpajo, da se pretvorijo v lastniški kapital.
Air Malta proposes the remaining amount (i.e. the own contribution of 45 %) to be financed by the sale of land (EUR 66,2 million), sale of subsidiaries (EUR [9 to 12] million), sale of engines (EUR [9 to 12] million) and a bank loan (EUR [20 to 25] million).
Air Malta predlaga, da se preostali znesek (tj. lastni prispevek v višini 45 %) financira s prodajo zemljišča (66,2 milijona EUR), prodajo hčerinskih družb ([9 do 12] milijonov EUR), prodajo letal ([9 do 12] milijonov EUR) in z bančnim posojilom ([20 do 25] milijonov EUR).
The most important part of the Company's own contribution will come from the sale of land.
Najpomembnejši del lastnega prispevka družbe bo pridobljen s prodajo zemljišča.
Air Malta owns a leasehold title on valuable property situated on the perimeter of Malta International Airport.
Air Malta ima zakupljeno zemljišče večje vrednosti, ki se nahaja na obrobju mednarodnega letališča Malta.
The Government of Malta has expressed its strategic interest to acquire Air Malta's airside properties.
Vlada Malte je izrazila svoj strateški interes za nakup zemljišč družbe Air Malta, ki se nahajajo na nadzorovanem delu letališča.
The land sites concerned represent a scarce resource that Government would like to see developed in a manner consistent with its long term strategy for the development of aviation related activity in Malta, including the creation of a cargo hub as part of an enlarged aviation park that also includes aircraft repair and other related facilities.
Zadevna zemljišča predstavljajo redek vir, za katerega bi vlada želela, da se razvija na način, skladen z njeno dolgoročno strategijo za razvoj dejavnosti, povezane z letalstvom, na Malti, vključno z vzpostavitvijo tovornih vozlišč kot delom povečanega letalskega parka, ki vključuje tudi popravilo letal in druge povezane dejavnosti.
The sale will not be carried out in an open, transparent and non-discriminatory tender.
Prodaja ne bo izvedena na podlagi odprtega, preglednega in nediskriminatornega javnega razpisa.
However, in line with its general policy and the national legal requirements, all property acquisitions by the Government have to be effected at a fair open market value, which reflects the price that would be paid on an arm’s length basis by a private investor.
Vendar pa morajo biti v skladu s splošno politiko vlade in z nacionalnimi pravnimi zahtevami vsi nakupi zemljišč s strani vlade izvedeni po tržni vrednosti, ki odraža ceno, ki bi jo zasebni vlagatelj plačal na podlagi neodvisnih tržnih cen.
Air Malta estimates to generate revenues of EUR [9 to 11] million through the sale of its subsidiaries […].
Air Malta ocenjuje, da bo s prodajo svojih hčerinskih družb […] ustvarila prihodke v vrednosti [9 do 11] milijonov EUR.
The sale of spare engines […] took place on 28 October and 17 December 2010 respectively and generated revenues of USD [19 to 22] million.
Prodaja rezervnih letal […] je bila izvedena 28. oktobra oziroma 17. decembra 2010 in je ustvarila prihodke v vrednosti [19 do 22] milijonov USD.
However, whereas engine No. […] was fully owned by Air Malta, engine No. […] was leased property of Air Malta with an option to purchase the engine at EUR [5 to 7] million, which was exercised.
Vendar pa je Air Malta imela letalo št. […] v 100-odstotni lasti, letalo št. […] pa v zakupu z možnostjo nakupa po ceni [5 do 7] milijonov EUR, ki je bil tudi opravljen.
The net proceeds from the sale of the engines are EUR [9 to 12] million.
Neto prihodki od prodaje letal znašajo [9 do 12] milijonov EUR.
The EUR [20 to 25] million bank loan will be concluded only in FY2014, Air Malta has thus not concluded the negotiations yet.
Bančno posojilo v vrednosti [20 do 25] milijonov EUR bo sklenjeno šele v finančnem letu 2014, zato Air Malta še ni zaključila pogajanj.
Sources and uses of funding 2011-2016
Sredstva in poraba sredstev v obdobju 2011–2016
Uses
Poraba
Sources
Sredstva
Repayment of rescue aid
Vračilo pomoči za reševanje
Internal contribution:
Notranji prispevek:
Sale of land
Prodaja zemljišča
Repayment of third party loan
Vračilo posojila tretje stranke
Sale of subsidiaries
Prodaja hčerinskih družb
Redundancy payments
Odpravnine za presežek delovne sile
Sale of engines
Prodaja letal
Third party contribution:
Prispevek tretje stranke:
Bank debt
bančni dolg
Change in working capital/ net losses
Sprememba gibljivih sredstev/neto izgub
Maintenance reserves payment
Plačilo rezerv za vzdrževanje
Government funding:
Vladno financiranje:
Government equity
vladni kapital
On 25 January 2012, the Commission opened the formal investigation procedure.
Komisija je 25. januarja 2012 začela formalni postopek preiskave.
In its decision, the Commission expressed doubts relating to the return to long term viability of the company, namely about the feasibility of the optimistic forecasts of the previous version of the RP which assumed a return to profitability by 2016 to be on a similar level as the profitability of major low cost carriers such as Ryanair or major traditional carriers such as Lufthansa.
V svojem sklepu je izrazila dvome v zvezi z obnovo dolgoročne rentabilnosti družbe, in sicer glede izvedljivosti optimističnih napovedi iz prejšnje različice načrta za prestrukturiranje, v kateri je bila predvidena obnovitev dobičkonosnosti do leta 2016 na podobni ravni, kot je dobičkonosnost glavnih nizkocenovnih prevoznikov, kot je Ryanair, ali glavnih tradicionalnih prevoznikov, kot je Lufthansa.
In particular, the Commission questioned the assumed impact of the ancillary revenues, cost reduction through contract renegotiation, market growth rates, yield and the non-inclusion of cost inflation in Air Malta's RP.
Komisija je zlasti izrazila dvome glede predvidenega učinka dodatnih prihodkov, zmanjšanja stroškov, ponovnih pogajanj o pogodbah, stopnjah rasti trga, donosa in nevključitve stroškovne inflacije v načrt za prestrukturiranja družbe Air Malta.
Furthermore, Malta was invited to provide clarifications regarding the scenario analysis.
Poleg tega je bila Air Malta pozvana, naj zagotovi pojasnila v zvezi z analizo scenarijev.
Regarding the proposed compensatory measures, the Commission doubted that the proposed overall capacity reduction of 20 % of ASK can be regarded as compensatory measures since it also contains loss-making routes whose closure is necessary to restore viability.
Glede predlaganih izravnalnih ukrepov je Komisija dvomila, da se predlagano zmanjšanje celotne zmogljivosti za 20 % ASK lahko šteje za izravnalni ukrep, saj vključuje tudi proge, ki ustvarjajo izgubo in jih je treba ukiniti za obnovo rentabilnosti.
The Commission also asked for further clarifications regarding the calculation of profitability of certain non-loss making routes as well as additional information that would demonstrate that the proposed measures are sufficient enough to compensate for the undue distortion of competition caused by the state aid.
Komisija je zaprosila tudi za dodatna pojasnila v zvezi z izračunom dobičkonosnosti določenih prog, ki ne ustvarjajo izgube, in dodatne informacije, ki bi dokazale, da predlagani ukrepi zadoščajo za nadomestitev škode zaradi neupravičenega izkrivljanja konkurence, ki ga je povzročila državna pomoč.
Apart from the capacity reduction, the Commission doubted whether the proposed sale of non-loss making assets can be considered as compensatory measure in view of the fact that according to point 40 of the R&R Guidelines, the compensation measure should take place in particular in the market where the firm will have a significant market position after restructuring.
Poleg pomislekov glede zmanjšanja zmogljivosti je Komisija tudi dvomila, da se predlagana prodaja sredstev, ki ne ustvarjajo izgube, lahko šteje za izravnalni ukrep, ob upoštevanju dejstva, da se mora izravnalni ukrep v skladu s točko 40 smernic za reševanje in prestrukturiranje izvajati zlasti na trgu, kjer bo imelo podjetje po prestrukturiranju pomemben tržni položaj.
Regarding the own contribution, the Commission expressed its doubt whether it is indeed real, i.e. actual and excluding all future expected profits, as required by point 43 of the R&R Guidelines.
Glede lastnega prispevka je Komisija izrazila dvom, da je realen, tj. dejanski in brez vseh pričakovanih prihodnjih dobičkov, kot se zahteva v točki 43 smernic za reševanje in prestrukturiranje.
In particular, the Commission requested clarification regarding the sale of Air Malta's subsidiaries, the availability of the envisaged EUR 20 million loan and whether the sales of engines took place within the restructuring period.
Komisija je zlasti zahtevala pojasnilo v zvezi s prodajo hčerinskih družb družbe Air Malta, z razpoložljivostjo predvidenega posojila v vrednosti 20 milijonov EUR in glede tega, ali je bila prodaja letal izvedena v obdobju prestrukturiranja.
Lastly, the Commission requested further comments regarding the Plan's compliance with the "one time, last time" principle with regard to an EUR 57 million capital increase that was carried out by Malta in April 2014.
Komisija je zaprosila tudi za nadaljnje pripombe v zvezi s skladnostjo načrta z načelom „enkrat in zadnjič“ glede povečanja kapitala za 57 milijonov EUR, ki ga je Malta izvedla aprila 2014.
COMMENTS FROM MALTA
PRIPOMBE MALTE
In its reply to the opening decision, Malta submitted comments and clarifications regarding all of the points raised in the Commission's opening decision, indicating that the notified RP complies with all the conditions imposed by the R&R Guidelines.
Malta je v svojem odgovoru na sklep o začetku postopka predložila pripombe in pojasnila v zvezi z vsemi vprašanji iz sklepa Komisije o začetku postopka, pri čemer je navedla, da priglašeni načrt za prestrukturiranje izpolnjuje vse pogoje, določene s smernicami za reševanje in prestrukturiranje.
Moreover, Malta also provided an update regarding the restructuring process, demonstrating that significant progress has already been achieved.
Poleg tega je Malta zagotovila tudi posodobitev v zvezi s postopkom prestrukturiranja, s čimer je dokazala, da je bil že dosežen znaten napredek.
As regards the doubts on the forecasted return to profitability, Air Malta revised its forecasts (see Table 3) to an EBIT margin of [3 to 5] % in FY2016, which is lower than the historical margins achieved by Ryanair and Lufthansa.
V zvezi z dvomi glede napovedane obnovitve dobičkonosnosti je Air Malta popravila svoje napovedi (glej preglednico 3) na stopnjo EBIT v višini [3 do 5] % v finančnem letu 2016, kar je manj od preteklih stopenj, ki sta jih dosegla Ryanair in Lufthansa.
This reduction in profitability is mainly due to the realignment of the fuel assumptions.
To zmanjšanje dobičkonosnosti je večinoma posledica spremembe domnev glede goriva.
Air Malta provided substantiated comments regarding the ancillary revenues, demonstrating that they will represent [3 to 5] % of passenger revenues in FY 2016 which is significantly lower than the percentages achieved by the directly competing low Cost carriers (LCCs) such as Ryanair and easyJet as well as other network carriers that have embraced the ancillary revenue strategy, such as Aer Lingus.
Air Malta je predložila utemeljene pripombe glede dodatnih prihodkov, ki dokazujejo, da bodo ti prihodki v finančnem letu 2016 predstavljali [3 do 5] % prihodkov iz potniškega prometa, kar je precej manj od odstotkov, ki jih dosegajo nizkocenovni prevozniki v neposredni konkurenci, kot sta Ryanair in easyJet, pa tudi drugi mrežni prevozniki, ki so sprejeli strategijo dodatnega prihodka, kot je Aer Lingus.
Regarding the costs reduction through contract renegotiation, Air Malta confirmed that over EUR [4 to 6] million p.a. has already been committed through concluded negotiations and a number of additional savings have been identified which would lead to a total amount of contract savings of EUR [9 to 11] million instead of EUR [7 to 9] million as previously planned.
V zvezi z zmanjšanjem stroškov prek ponovnih pogajanj o pogodbah je Air Malta potrdil, da je bilo že dodeljenih več kot [4 do 6] milijonov EUR letno prek zaključenih pogajanj in da so bili ugotovljeni številni dodatni prihranki, ki bi vodili do skupnih prihrankov na podlagi pogodb v vrednosti [9 do 11] milijonov EUR namesto [7 do 9] milijonov EUR, kot je bilo načrtovano prej.
Malta has clarified that the RP only assumes an average growth of less than 2 % for yields throughout the period (passenger revenues including ancillary/total passengers) which is in line with the forecast for several network carriers in Europe such as Aer Lingus or IAG and lower than the directly competing LCCs easyJet and Ryanair.
Malta je pojasnila, da načrt za prestrukturiranje za prihodke v celotnem obdobju (prihodki iz potniškega prometa, vključno z dodatnim/skupnim številom potnikov) predvideva povprečno rast, manjšo od 2 %, kar je v skladu z napovedjo za več mrežnih prevoznikov v Evropi, kot sta Aer Lingus ali IAG, in manj od napovedi za nizkocenovne prevoznike v neposredni konkurenci, kot sta easyJet in Ryanair.
Malta has also adapted its assumptions on cost inflation, in particular in aircraft leases and forecasted fuel costs and clarified the assumptions for the scenario analysis including the deviation from EBIT.
Malta je prilagodila tudi svoje domneve o povečanju stroškov, zlasti pri zakupih letal in predvidenih stroških goriva, ter pojasnila domneve za analizo scenarijev, vključno z odklonom od stopnje EBIT.
As regards the proposed compensatory measures, Malta provided additional detailed information regarding the calculation of profitability of routes in respect of their contribution to the fixed/variable direct operating costs and overheads.
Kar zadeva predlagane izravnalne ukrepe, je Malta predložila dodatne podrobnosti v zvezi z izračunom dobičkonosnosti prog, ob upoštevanju njihovega prispevka k neposrednim stalnim/spremenljivim stroškom poslovanja in režijskim stroškom.
Malta reiterated that the sale of its two profit-making insurance companies could be considered as a relevant compensatory measure because it provided Air Malta with cost effective insurance solutions and both of the companies were significant players in the local aviation insurance market.
Malta je ponovila, da se prodaja njenih dveh dobičkonosnih zavarovalnic lahko šteje za ustrezen izravnalni ukrep, ker je družbi Air Malta zagotovila stroškovno učinkovite zavarovalniške rešitve in ker sta bili obe družbi pomembna akterja na lokalnem trgu letalskih zavarovanj.
Since Air Malta is a small airline, it has a high component of overheads relative to its overall cost base due to the functional requirements of operating an airline.
Ker je Air Malta majhna letalska družba, ima veliko režijskih stroškov glede na svoje celotne stroške zaradi funkcionalnih zahtev obratovanja letalske družbe.
Excessive reduction of capacity would thus compromise the airline's long term viability.
Prekomerno zmanjšanje zmogljivosti bi tako ogrozilo dolgoročno rentabilnost letalske družbe.
As regards the own contribution Malta confirmed that all sales of the subsidiaries will be conducted in an open, competitive, transparent and non-discriminatory manner.
Kar zadeva lastni prispevek, je Malta potrdila, da bodo vse prodaje hčerinskih družb izvedene na odprt, konkurenčen, pregleden in nediskriminatoren način.
Malta also provided additional information regarding the sale of engines, the EUR [20 to 25] million facility that is to be drawn in FY2014 and confirmed the conclusion of the EUR [25 to 30] million bridge loan agreement.
Malta je zagotovila tudi dodatne informacije v zvezi s prodajo letal in posojilom v vrednosti [20 do 25] milijonov EUR, ki se bo začelo črpati v finančnem letu 2014, ter potrdila sklenitev pogodbe o premostitvenem posojilu v vrednosti [25 do 30] milijonov EUR.
As regards the "one time, last time" principle, Malta submitted a business plan on the basis of which the EUR 57 million capital increase was carried out in 2004, demonstrating that this transaction should be viewed as conform with the market economy investor principle.
V zvezi z načelom „enkrat in zadnjič“ je Malta predložila poslovni načrt, na podlagi katerega je bila leta 2004 izvedena dokapitalizacija v višini 57 milijonov EUR, s čimer je dokazala, da je treba to transakcijo obravnavati kot skladno z načelom vlagatelja v tržnem gospodarstvu.
During the formal investigation procedure the Commission received comments from six interested parties: Ryanair; International Airlines Group SA (IAG, i.e. the holding company owning British Airways and Iberia); Malta Chamber of Commerce, Enterprise and Industry; Airline Pilots Association Malta (ALPA); Malta Hotels and Restaurant Association (MHRA) and a consultant who wishes not to disclose his identity.
Med formalnim postopkom preiskave je Komisija prejela pripombe šestih zainteresiranih strani: družbe Ryanair; International Airlines Group SA (IAG, tj. krovne družbe, ki ima v lasti letalski družbi British Airways in Iberia); malteške trgovinske, podjetniške in industrijske zbornice; malteškega združenja pilotov (ALPA); malteškega združenja hotelov in restavracij (MHRA) in svetovalca, ki ne želi razkriti svoje identitete.
The observations of the Malta Chamber of Commerce, ALPA and MHRA were in favour of Air Malta's continuity in business underlining its importance for the whole Maltese economy, especially for the tourism sector.
Ugotovitve malteške trgovinske zbornice, ALPA in MHRA so podpirale neprekinjeno poslovanje družbe Air Malta, pri čemer je bil poudarjen njen pomen za celotno gospodarstvo Malte, zlasti za sektor turizma.
The Commission was asked to take into account the particularities of the case and the small size of Air Malta when assessing the RP.
Komisija je bila zaprošena, naj pri ocenjevanju načrta za prestrukturiranje upošteva posebnosti primera in majhnost družbe Air Malta.
The critical comments made by Ryanair and IAG refer mostly to the doubts already expressed in the opening decision as regard to the return to viability and the underlying assumptions.
Kritične pripombe družb Ryanair in IAG se nanašajo predvsem na dvome, ki so že bili izraženi v sklepu o začetku postopka, in sicer glede obnove rentabilnosti in temeljnih predpostavk.
Ryanair states that the small size of Air Malta's fleet deprives it of the possibility of benefiting from economies of scale and integration.
Ryanair navaja, da je Air Malta zaradi majhnosti svoje flote prikrajšana za možnost izkoriščanja ekonomij obsega in povezovanja.
This disadvantage will be further exacerbated by the decrease in the number of aircraft.
Ta pomanjkljivost se bo še dodatno povečala z zmanjšanjem števila letal.
Furthermore, Ryanair and the anonymous consultant criticise that the land sale will be carried out not in an open tender and allege that Malta hopes to inject extra aid into Air Malta through this transaction.
Poleg tega Ryanair in anonimni svetovalec kritizirata, da prodaja zemljišča ne bo izvedena na podlagi odprtega javnega razpisa, in navajata, da Malta upa, da bo lahko prek te transakcije zagotovila dodatno pomoč za družbo Air Malta.