AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Malta International Airport Plc

Earnings Release Aug 8, 2019

2046_rns_2019-08-08_bac0bf8d-3a70-4994-acc3-88cec151ad91.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – July 2019

Date of Announcement 08 August 2019

Reference 308/2019

In terms of Chapter 5 of the Listing Rules

QUOTE

Summer getaways pushed traffic through Malta International Airport to reach an unprecedented 798,453 passenger movements in July, translating into an increase of 5.6 per cent over the same month last year.

The terminal bustled with an average of circa 25,700 daily passenger movements, which figure surpasses the number of people inhabiting Malta's most populous town; St Paul's Bay.

Out on the airfield, activity was not lacking, with aircraft movements increasing by 4.5 per cent to total more than 5,000 take-offs and landings throughout the month.

Seat capacity registered an increase of 5.6 per cent. Seat load factor (SLF) for the month of July stood at a healthy 87.0 per cent, with this metric indicating how much of the carrying capacity of airlines operating to and from Malta Airport was used.

TOP MARKETS

The United Kingdom (+3.9 per cent), Italy (+1.5 per cent), Germany (+18.2 per cent), France (+6.8 per cent) and Spain (+10.0 per cent) were July's top drivers of passenger traffic.

The results registered by these five markets were partly spurred by an improved schedule for the summer months, which introduced several new routes including Cardiff, Exeter, Genoa, Verona, Lamezia and Perugia.

Other developments that contributed to the growth posted by these five markets include the extension of the Leipzig, Berlin and Hamburg routes into the summer months, and increased capacity on several routes such as Rome Fiumicino, Lyon, Madrid, Valencia and Bilbao.

Moreover, the airport's Cruise and Fly programme was a contributing factor to the solid performance recorded by both the United Kingdom and Germany

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).

Talk to a Data Expert

Have a question? We'll get back to you promptly.