JetMagic Ends Malta Operations After Boeing 757 Deregistration

JetMagic (JMK), based at Malta International Airport, has ceased all aircraft operations in Malta following the deregistration of its Boeing 757-200, registration 9H-AVM (msn 24527). This marks a significant shift for the Maltese aviation company, which has maintained a presence in the region since 2013.

The 35.4-year-old Boeing 757-200 had been a part of JetMagic’s fleet for over a decade. Its last flight under the Maltese flag departed from London Luton on October 27, 2023, before the aircraft was stored at Lasham. On December 23, 2024, the aircraft was re-registered in the United States as N107TV. Between January 16 and 19, 2025, it was ferried via Shannon and Bangor International to Marana, Arizona, where it currently remains parked. The future of N107TV remains uncertain, with no official announcements regarding its next destination or operational status.

Despite the deregistration of its Boeing 757-200, JetMagic continues to hold a Maltese Air Operator’s Certificate (AOC). Historically, the company operated additional aircraft in Malta, including a Global 5000 from 2014 to 2020 and a Global Express from 2015 to 2021. These aircraft served various charter and private flight needs, contributing to JetMagic’s reputation for providing premium aviation services in the region.

In 2016, JetMagic expanded its operational footprint by applying for an AOC in Aruba. During this period, the company managed a Boeing 737-700 (BBJ) between 2014 and 2015, as well as a Global 5000 that was later transferred to the Maltese registry. However, JetMagic does not currently hold an AOC in Aruba, indicating a strategic consolidation of its operations within Malta and other regions.

The decision to deregister the Boeing 757-200 and halt operations in Malta raises questions about JetMagic’s future strategic direction. While the company retains its Maltese AOC, the absence of registered aircraft suggests a possible shift in focus or restructuring within its fleet management. The deregistration process, completed through regulatory channels, aligns with industry practices for managing aging aircraft and optimizing fleet efficiency.

Ch-aviation reached out to JetMagic for clarification on the company’s current operational status and future plans following the deregistration. As of now, JetMagic has not provided an immediate response, leaving stakeholders to speculate on potential developments. The company’s ability to maintain its AOC indicates ongoing compliance with Maltese aviation regulations, even in the absence of active aircraft.

JetMagic’s portfolio has included a diverse range of aircraft, catering to both passenger and cargo needs. The Global 5000 and Global Express models previously operated by JetMagic were instrumental in delivering high-end charter services, reflecting the company’s commitment to luxury and reliability. The Boeing 757-200, with its extended range and capacity, was a significant asset for longer-haul flights, enhancing JetMagic’s service offerings during its operational years.

The aviation industry in Malta, known for its strategic location and robust regulatory framework, remains competitive. JetMagic’s exit from operating aircraft under the Maltese registry may influence market dynamics, potentially opening opportunities for other operators to fill the void left by the deregistration. Malta International Airport continues to attract a variety of carriers, both commercial and private, seeking to capitalize on the region’s connectivity and favorable business environment.

As JetMagic navigates this transition, the company’s strategic decisions will be closely watched by industry analysts and stakeholders. The retention of the Maltese AOC suggests that JetMagic may explore alternative operational models, such as leasing aircraft or expanding into different aviation services that do not require active fleet registration. Alternatively, the company might focus on other geographic markets where it can leverage its expertise without the constraints faced in Malta.

JetMagic’s deregistration of its Boeing 757-200 and the cessation of aircraft operations in Malta represent a pivotal moment for the company. While the immediate impact is the removal of a significant aircraft from its fleet, the long-term implications will depend on JetMagic’s strategic responses and ability to adapt to the evolving aviation landscape. As the company reassesses its operational strategies, stakeholders remain hopeful for a clear and positive direction in JetMagic’s future endeavors.

Related News: https://airguide.info/category/air-travel-business/airline-finance/

Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com