Malta International Airport Plc

Regulatory Filings • Mar 9, 2020

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - February

Date of Announcement 09 March 2020

Reference 320/2020

In terms of Chapter 5 of the Listing Rules

QUOTE

Traffic through Malta International Airport totalled 421,567 passenger movements in February, translating into growth of 17.3 per cent over the same month last year.

The 29th of February provided for an additional day of operations, boosting the month's total traffic with 16,986 passenger movements.

The top drivers of traffic for the month were the United Kingdom, Italy, Germany, France and Spain, with all markets, except for Germany (-5.0 per cent), registering varying levels of growth.

Despite February's overall traffic result being a positive one, seat load factors (SLF), particularly on Italian routes, bore the brunt of the Covid-19 outbreak in Europe and declining travel demand, with significant drops being registered in the last week of the month.

The seat load factor for the month of February, which measures the occupancy of seats available on flights operated to and from Malta International Airport, stood at 75.8 per cent.

"The Covid-19 outbreak is putting aviation and tourism stakeholders across the globe to the test, as passenger demand for air travel plummets and airlines cut capacity across the board. The last week of February at Malta International Airport gave us but a small taste of what lies ahead; we are now bracing ourselves for two challenging months. To date, seven airlines have already cancelled 278 flights from Italy and other markets," said Malta International Airport Chief Executive Officer Alan Borg.

Mr Borg went on to highlight that the company's focus right now is on the safety and wellbeing of its guests, employees working on the airport campus, and the general public.

FEBRUARY IN NUMBERS
	421,567 pax. movements		3,196 aircraft movements
	Top Market United Kingdom (95,065 pax. movements)		Busiest Day 22.02.2020 (19,956 pax. movements)
	Fastest-growing market in top 5 France (+36.2%)		Seat Capacity 555.898 available seats
	Most popular airport London, Gatwick (24,834 pax. movements)		Cargo & Mail 1,543 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).