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 Dec 9, 2020

2046_rns_2020-12-09_1fad2b5d-8c95-46b2-84d3-60b7c805b8e7.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – November

Date of Announcement 9 December 2020 Reference 340/2020 In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport registered 39,875 passenger movements last November, translating into a drop of 91.9 per cent over the same month in 2019.

As the aviation industry continued to grapple with the challenges brought by Covid-19, including travel restrictions and low consumer confidence, daily average passenger movements at Malta International Airport dropped from 16,439 in November 2019 to just 1,327 last November.

The 24th of November was Malta International Airport's quietest day yet since the airport's reopening to commercial operations in July 2020, with only one passenger flight leaving for Amsterdam Schiphol Airport.

Amsterdam Schiphol together with Rome Fiumicino, Frankfurt International Airport, Istanbul Airport, and London Heathrow were November's most popular airports, accounting for just over 16,500 passenger movements for the month.

While passenger traffic continued to register staggering drops, the blow dealt to cargo and mail was not as devastating, given the importance of keeping supply chains running amid the crisis.

Last month, cargo and mail through Malta International Airport registered a decrease of 16.2 per cent to stand at 1,459 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. The Company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project 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, such as the Terminal Expansion Project, set to bring about further expansion. The airport team is guided by a vision of service excellence, which led MIA to clinch the title Best Airport in Europe for two consecutive years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation in 2014: an independently run non-profit organisation.

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%).

Talk to a Data Expert

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