Albert, don't fret.... if they need that much dosh to keep their heads above water ( which kind of makes you wonder how they got into such a state ?! ) they'll soon p1ss that little(?) lot away - after all, nothing much has changed (yet) in their management team...... give it time.
Aside - that bung effectively cost
each and every Maltese man, woman & child £77.35 MTL ( i.e. just over £122 GBP ) and whilst, from an individual view point, it's not quite on the scale of the UK's / Norman Lamonts 'Black Wednesday' ( 16th September 1992 ) it's still a lot of money to pour into a private company; even if it is the (suposed) 'state airline'.
That said, on the basis of them having been bailed out - courtesy of this substantial bung which, had that happened next week, would be deemed illegal - I too concur that it's particularly 'below the belt'.
Q). Isn't it the case that AirMalta have a monopoly on 'handling' at Luqa airport - surely that's something that, for starters, should be broken-up under the EU's anti-competitive practices ?!