Malta International Airport Plc

Earnings Release • Apr 6, 2018

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – March 2018

Date of Announcement	6 April 2018
Reference	276/2018
In terms of Chapter 5 of the Listing Rules

QUOTE

The Company hosted over 1.8 million passengers during winter, which extends from November to March for the aviation industry. This translates into an upturn of 17.0 per cent over the previous comparable stretch.

Summer remains high season for traffic through the terminal, but the airport has been experiencing increasingly busy winters mainly resulting from collaborative efforts to promote Malta as a year-round destination.

A monthly passenger profile exercise carried out among inbound, non-business travellers reveals that for the stretch between November and February*, culture and weather were the top two reasons that attracted tourists to Malta. An encouraging 97 per cent went on to add that the island lived up to their expectations.

Growth in passenger movements was registered in parallel with an increase of 16.6 per cent in aircraft movements and an increase of 18.1 per cent in seat capacity; both stemming from an enhanced winter flight schedule offering five new routes and increased frequencies on existing ones. On the other hand, seat load factor (SLF) for the season dropped marginally and stood at 77.2 per cent.

The Company's top markets were the United Kingdom (+11.6 per cent), Italy (+12.9 per cent), Germany (+14.7 per cent), France (+20.9 per cent), and Belgium (-3.7 per cent), cumulatively accounting for over 1.3 million passenger movements of the airport's total traffic for winter.

While all winter months experienced double-digit growth, at 22.5 per cent the strongest increase was registered in March. The Easter holidays and the launch of a summer schedule offering more than 100 destinations were important contributing factors to the significantly improved performance observed last month.

With summer now having started, Malta International Airport has inaugurated 12 new routes operated by different airlines for the season, and will be launching more routes in April. Busier days are expected, but with eight additional check-in desks and a new Central Security Area in operation as part of the company's Terminal Reconfiguration Project, the airport is in a better position to handle the increase in traffic.

*MIA Passenger Profile compiled by MISCO Ltd.

UNQUOTE Signed: Louis de Gabriele

COMPANY SECRETARY

About Malta International Airport

Malta International Airport is the only airport serving the Maltese islands, connecting the tiny island state to more than 80 destinations through over 30 partner airlines. With 97% of all Malta's tourists flying through it, the airport handles more than 6 million passengers annually, as well as over 16,000 tonnes of cargo. The airport's existent terminal has been in operation for the past 26 years, during which time it has grown to support over 4,000 airport jobs, accommodate 45 retail and catering outlets, and provide parking for over 1,500 cars. In 2017, Malta International Airport ranked amongst the top five European airports in ACI's Airport Service Quality survey for the seventh consecutive year, and in 2016 it was awarded a prestigious 4-star rating by Skytrax. Malta International Airport owns SkyParks Business Centre, an eco-certified building that provides nearly 10,000m² of office space and 4,000m² of retail and amenities. To maximise its contribution to Malta's cultural heritage and environment, Malta International Airport set up the Malta Airport Foundation in 2015, an independently run non-profit organisation.

For more information, visit www.maltairport.com. Alternatively, follow us on Facebook (facebook.com/maltairport).