Earnings Release • Jun 11, 2024
Earnings Release
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Date of Announcement 11 June 2024 Reference 407/2024 In terms of Chapter 5 of the Capital Market Rules
Passenger movements through Malta International Airport surpassed the 800,000-mark in May for the first time in the airport's history, with this milestone being reached in July last year.
In fact, May's 858,402 movements exceeded the airport's previous passenger traffic record for the month, held by May 2023, by 18.2 per cent, or more than 132,000 movements.
Last month's upswing in passenger traffic was observed in parallel with a 13.8 per cent increase in aircraft movements, with a total of 5,607 take-offs and landings recorded in May, and a rise of 14.1 per cent in seat capacity.
A high seat load factor of 85.9 per cent also demonstrated strong demand for air travel and efficient utilisation of available seats.
Italy, the United Kingdom, and Germany continued to dominate Malta International Airport's market leaderboard, collectively holding just over 50 per cent of the market share. France and Poland secured the fourth and fifth positions respectively, with Poland achieving the most substantial growth, increasing by 62.4 per cent over 2023.
| Total Traffic | 858,402 passenger movements |
|---|---|
| Top Market | Italy (194,744 passenger movements) |
| Most Popular Airport | London, Gatwick (48,045 passenger movements) |
| Aircraft Movements | 5,607 take-offs & landings |
| Seat Capacity | 999,238 seats |
| Fastest-growing Market (from top 5) |
Poland (62.4 per cent) |
| Cargo and Mail | 2,014 tonnes |
| Year to Date Traffic | 3,206,676 passenger movements (+19.6% over 2023) |
Signed:
Louis de Gabriele Company Secretary
About Malta International Airport
As Malta's sole air terminal, Malta International Airport connects the Maltese archipelago to over 100 destinations. In 2023, the airport welcomed 7.8 million passengers, marking a growth of 6.7% in passenger traffic over 2019.
The airport team is guided by a vision of service excellence, which has led MLA to clinch the title 'Best Airport in Europe' for 2018, 2019, 2020, 2021 and 2022. To uphold this reputation and to be able to cater for an ever-increasing number of passengers, the company has consistently invested in the airport campus since the airport's privatisation in 2002.
The company announced a five-year investment programme totalling €250 million in 2023, aimed at enhancing the airport's infrastructure and ensuring that Malta International Airport can seamlessly handle increasing volumes of passengers, whilst reaching its environmental targets and continuing to develop the airport campus.
Apart from these notable investments into the airport's infrastructure, Malta International Airport also invests into the Maltese Islands' cultural heritage and environment through the Malta Airport Foundation which will be celebrating its 10th year anniversary this year.
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%).
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