Air Malta’s frequent flyer programme, Flypass, has just announced a 50% discount on the miles needed for all reward flights taken in June 2015.
You can book flights anytime from now until 30 June, provided that all your travel is completed within the month of June.
The 50% miles reduction applies to both Economy and Business Class flights, and makes for some reasonably attractive reward flights, as follows:
Note that these are return prices. One way redemptions cost the same as returns, so frankly they are a very poor use of Air Malta miles.
Given that you need to pay taxes and charges, the obvious value is in the Business Class redemptions. In particular, a return flight from/to Heathrow in Business Class gets you access to the Etihad lounge, which is fantastic. At 42500 miles, this is a real redemption sweet spot.
Note that the half price sale applies to flights only, not upgrades using miles.