Regulatory Filings • Jul 10, 2013
Regulatory Filings
Open in ViewerOpens in native device viewer

Date of Announcement: 10 July 2013
Reference: 156/2013
In terms of: Chapter 5 of the Listing Rules
For the third consecutive year, Malta International Airport plc will once again be giving a 100% refund to all scheduled airlines on all their landing fees for the coming winter season (Nov 2013 – Mar 2014) with the aim to further stimulate traffic during the shoulder/winter months.
The waiving of landing fees in winter - a time which is particularly difficult for airlines helps to alleviate the airlines' fixed costs when flying to and from Malta Airport. This is a measure through which the Company shares the risk with the airline by eliminating the fixed cost and enabling it to pay only those fees applicable when the seat is filled. Once again, the Company is continuing in its efforts to stimulate further traffic and address the issue of seasonality, which is so crucial to the Maltese tourism industry.
This initiative forms part of Malta Airport's Incentive Programme for airlines, aimed to attract airlines interested to start off their operations to Malta or looking at increasing their presence on the Maltese Islands.
The details of the Incentive Programme for airlines are available online on www.maltairport.com.
UNQUOTE
Signed:
Louis de Gabriele Company Secretary
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.