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Malta International Airport Plc

Business and Financial Review Jan 18, 2016

2046_rns_2016-01-18_975cb588-6c19-4253-8844-0088985b4844.pdf

Business and Financial Review

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COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Announces Traffic Figures for 2015 and Forecasts for 2016

Date of Announcement 18 January 2016
Reference 219/2016
In terms of Chapter 5 of the Listing Rules LR 5.16.3

QUOTE

The Company is expecting at least 4.73 million passengers this year, a 2.4 per cent increase in traffic from 2015 when 4,618,642 visitors were registered.

The results of last year showed the airport was achieving its goal of increasing traffic in the winter months. December alone saw a 9 per cent increase over last year. Throughout this winter, MIA will be connected to another three airports, bringing the total to 57.

3 new airlines are expected to start flying next summer, including Volotea to Catania, Iberia Express to Madrid and Czech Airlines to Prague.

Meanwhile, EasyJet will launch a new route to Geneva and Ryanair will be expanding their operations by another 10 routes in the summer, including Poznan, Baden-Baden and Cologne.

Flights will also be added to Athens, Budapest and Helsinki, through Aegean, Wizzair and Finnair respectively, all relative newcomers to Malta International Airport.

Last month, MIA announced a series of investments that would inject at least €78 million into the Maltese economy. The investment plans include an estimated €40 million on SkyParks 2, a €28 million Terminal Expansion and €9.8million in capital expenditure for 2016.

Last year was a very positive year for MIA, with passenger growth of 7.7 per cent over 2014, a total increase of 328,338 passengers. Aircraft movements increased by 6.3 per cent, while seat capacity went up by 5.8 per cent.

The top markets for 2015 remained the United Kingdom, which saw an increase of 4.7 per cent, Italy, which increased by 13.3 per cent and Germany which increased by 3.1 per cent. Substantial increases were also registered from Turkey (82.7 per cent), Poland (50.1 per cent) and Switzerland (18.7 per cent).

Seat load factor also increased to 81.1 per cent from 79.7 per cent, meaning planes are being filled closer to capacity. Meanwhile, Cargo and Mail was up by 5.6 per cent from 15,547 tonnes in 2014 to 16,414 tonnes in 2015.

UNQUOTE

Signed:

Louis de Gabriele COMPANY SECRETARY

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