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Malta International Airport Plc
Earnings Release • Aug 12, 2024
2046_rns_2024-08-12_04f4bb2e-886b-469b-ac07-a720ed678cc9.pdf
Earnings Release
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COMPANY ANNOUNCEMENT
Malta International Airport plc (the "Company")
July Traffic Results
Date of Announcement 12 August 2024 Reference 413/2024 In terms of Chapter 5 of the Capital Market Rules
QUOTE
Malta International Airport welcomed an unprecedented 951,861 passengers in July, marking a significant 12.2 per cent increase compared to the record passenger volumes handled in 2023. This result also confirms July 2024 to be the busiest month in Malta International Airport's history, as the first ever month to surpass 900,000 passenger movements.
This milestone was accompanied by a robust 14.1 per cent growth in aircraft movements, bringing the total number of flights operated to and from Malta International Airport up to 6,054. The airport received 214 arriving and departing flights on its busiest day of the month, which fell on Thursday 25th July.
With seat capacity rising by 11.5 per cent, an impressive 89.7 per cent of all available seats were occupied, reflecting the high demand for travel as the summer travel rush set in. Italy remained the top market for Malta International Airport, capturing 25.5 per cent of the market share, followed by the United Kingdom, France, Germany, and Poland.
JULY 2024 HIGHLIGHTS
| Total Traffic | 951,861 passenger movements |
|---|---|
| Top Market | Italy (242,385 passenger movements) |
| Most Popular Airport | Rome, Fiumicino (57,399 passenger movements) |
| Aircraft Movements | 6,054 take-offs & landings |
| Seat Capacity | 1,061,396 seats |
| Fastest-growing Market (from top 5) |
Poland (51.4 per cent) |
| Cargo and Mail | 2,128 tonnes |
| Year to Date Traffic | 5,017,275 passenger movements (+17.1 per cent over 2023) |
AUGUST TRAFFIC EXPECTED TO PEAK THIS WEEK
Malta International Airport is preparing for even higher passenger volumes as the Santa Maria public holiday weekend edges closer. The airport anticipates that over 33,700 passengers will travel on its busiest days, projected to be the 15th, 22nd and 29th days of August. The peak week of travel is expected between the 12th and 18th of August, with 216,922 passengers expected to travel through Malta International Airport.
UNQUOTE
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%).