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Malta International Airport Plc

Earnings Release Jul 9, 2019

2046_rns_2019-07-09_117d5f2a-6ad6-4c13-8556-08195fe47043.pdf

Earnings Release

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COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – Mid-year Update

Date of Announcement 09 July 2019
Reference 305/2019
In terms of Chapter 5 of the Listing Rules

QUOTE

A busy first half of 2019 saw Malta International Airport welcome over 3.2 million passengers. The company announced its mid-year traffic results, which show an increase of 5.9 per cent in passenger movements over the same stretch last year.

The airport's performance in the first half of the year confirms the company's confidence in its forecast of 7.2 million passenger movements expected by end of year.

While record passenger numbers were registered every month in 2019 so far, with a 10.5 per cent increase in traffic, April was the fastest-growing month for this period. This was followed by June, which registered an upturn of 8.8 per cent.

According to the analyses published last week by Airports Council International (ACI) in its Airport Industry Connectivity Report 2019, Malta International Airport's connectivity doubled between 2009 and 2019, putting it in the lead in a group of 26 airports in the European Union.

Addressing a press conference earlier today, Mr Alan Borg stated, "These solid results stem from Malta International Airport's constant efforts, made together with government and our main tourism stakeholders, to make sure that the islands are served by the most convenient connections all year round. The launch of three new routes this October, the extension of 17 routes from summer into the upcoming winter season, and increased flight frequencies on several routes, allow us to look ahead with confidence, whilst encouraging us to keep working on securing sustainable traffic."

721,565 pax. movements 4.951 aircraft movements
Top Market
United Kingdom
(172,645 pax. movements)
Busiest Day
30.06.2019
(29,103 pax. movements)
Fastest-growing market in top 5
Germany
(+29.3%)
Seat Capacity
858,258 available seats
Most popular airport
London, Gatwick
(40.419 pax. movements)
Cargo & Mail
1,371 tonnes

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).

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