Malta International Airport Plc

Business and Financial Review • Feb 7, 2019

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results January 2019

Date of Announcement 07 February 2019

Reference 295/2019

In terms of Chapter 5 of the Listing Rules

QUOTE

Having served 366,015 passengers in January, Malta International Airport continued to register growth, albeit at unexpected slower pace, in the winter months.

Following several months of robust growth, January's modest 4.1 per cent increase in passenger numbers was observed alongside a 9.9 per cent increase in aircraft movements and a rise of 7.9 per cent in seat capacity. Seat load factor (SLF) for the month stood at 69.0 per cent.

Within the top five markets, Spain registered a phenomenal increase of 87.2 per cent and France grew by a healthy 12.0 per cent.

The performance of the Spanish and French markets indicates that the joint traffic diversification strategy of Malta International Airport, the Ministry for Tourism and the Malta Tourism Authority is bearing the desired results, in that it has stimulated newer markets to gain momentum just as legacy markets are reaching maturity.

The Iberian Peninsula constitutes one such new market and, in fact, the Seville, Malaga and Barcelona routes, which were introduced by two different airlines in summer 2018, are all being operated during the winter months.

In January, Malta International Airport's traditional top driver of passenger traffic, the United Kingdom (-3.2 per cent) was outperformed by the Italian market (-0.8 per cent), by 604 passenger movements, and followed by the German market (-8.3).

Outside the top five markets, traffic from Hungary was up a noteworthy 42.4 per cent. This surge can be attributed to the extension of the Budapest route from summer 2018 into winter. The encouraging results being registered by the Hungarian market are expected to be further reinforced through the introduction of a flight to Debrecen in summer 2019.

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%).

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