Malta International Airport Plc

Earnings Release • Nov 7, 2018

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results

Date of Announcement 7 November 2018

Reference 289/2018

In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport continued to register exceptional results, with year-to-date traffic through the terminal reaching 5,939,436 passenger movements. This figure indicates that the airport is on track to reaching its forecast 6.8 million passenger movements by the end of 2018.

Last summer, which was the busiest one yet for the team at Malta Airport, was an important contributor to this year-to-date total. A 12.2 per cent growth in passenger traffic for the summer months – from April to October – was observed alongside a 13.4 per cent increase in aircraft movements and an increase of 13.7 per cent in seat capacity. These improvements mainly resulted from a significantly enhanced summer schedule with more than 100 destinations on offer.

"Year-to-date traffic results are quite remarkable considering that last year the six million mark was only reached on the last day of 2017. While summer has now ended, over 12 routes have been extended into the winter period and more frequencies have been added on a number of routes. The months ahead promise to keep us busy, auguring well for our pledge to constantly work towards year-round tourism," said Malta International Airport CEO, Alan Borg

The top drivers of passenger traffic during the summer months were the United Kingdom (+14.9 per cent), Italy (+15.1 per cent), Germany (-2.3 per cent), France (+12.5 per cent), and Spain (+44.5 per cent). Spain's noteworthy spike in passenger movements can be attributed to the launch of three new summer routes; Malaga, Seville, and Bilbao, two of which have been extended into the winter period.

Last summer's most popular destination with Maltese holidaymakers was Italy, with Catania and Rome being the most sought-after cities. These two cities will be benefitting from four additional weekly flights each throughout the winter period, which will certainly serve to further cement their popularity with the Maltese public even in the off-peak months.

October, which marks the end of summer for the aviation industry, grew by 8.4 per cent in terms of traffic to reach 646,559 passenger movements

SUMMARY OF RESULTS
	October	October	0/0	Summer	Summer	0/0	Year to	Year to	0/0
	2018	2017	Increase	2018	2017	Increase	Date 2018	Date 2017	Increase
				(April	(April		(Jan.	(Jan.
				Oct.)	Oct.)		Oct.)	Oct.)
Pax.	646,559	596,648	8.4%	4,767,233	4,249,321	12.2%	5,939,436	5,231,298	13.5%
Movements
Aircraft	4.580	4,121	11.1%	33,170	29,256	13.4%	42,101	36,934	14.0%
Movements
Seat	785,080	707,275	11.0%	5,685,437	5,002,421	13.7%	7,198,902	6,288,373	14.5%
Capacity

UNQUOTE

Signed: Louis de Gabriele

COMPANY SECRETARY

About Malta International Airport

Malta International Airport connects the Maltese archipelago to over 100 destinations in more than 30 countries. Being Malta's only air terminal, the airport hosts more than six million passengers annually, of which the majority are inbound tourists. To be able to cater for an ever-increasing number of passengers, the company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project set to be completed in 2018 bringing about the most recent overhaul. The airport campus itself has grown to provide over 1,500 parking spaces, and 14,000m² of office and retail space housed within SkyParks Business Centre, with projects in the offing set to bring about further expansion. The airport team is guided by a vision of service excellence, which has landed MIA among the top five airports in ACI's prestigious Airport Service Quality Awards for the past nine years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation, an independently run non-profit organisation, which will be unveiling three projects in 2018.

Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholders being the Malta Mediterranean Link Consortium (40%), with Flughafen Wien AG owning a 96% share, the Government of Malta (20%), the general public (29.9%), and VIE Malta Limited (10.1%).