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Malta International Airport Plc
Business and Financial Review • Sep 11, 2024
2046_rns_2024-09-11_491042d0-a590-4aeb-8604-0a171a7e988c.pdf
Business and Financial Review
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COMPANY ANNOUNCEMENT
Malta International Airport plc (the "Company")
August Traffic Results
Date of Announcement 11 September 2024 Reference 414/2024 In terms of Chapter 5 of the Capital Market Rules
QUOTE
Malta International Airport welcomed a total of 983,182 passengers last month, confirming August 2024 as the airport's busiest month on record. As demand for summer travel reached fever pitch, passenger volumes increased steadily throughout August to register a strong growth of 11.9 per cent over the same month in 2023. Daily passenger throughput peaked on the 8th of August, with 34,771 passengers arriving and departing on the airport's busiest day of the month.
Growth in passenger numbers was experienced in parallel with an upturn of 14.3 per cent in aircraft movements and an increase of 12.1 per cent in seat capacity. Seat occupancy on flights also registered strong growth to stand at 91.2 per cent; the highest seat load factor to be recorded in 2024 so far.
Malta International Airport's top markets remained largely unchanged, with Italy and the United Kingdom topping the leaderboard with a combined market share of almost 45 per cent. Germany, however, overtook France to become the third largest driver of passenger traffic for the month, while Spain regained the fifth spot for the first time since February.
AUGUST 2024 HIGHLIGHTS
| Total Traffic | 983,182 passenger movements |
|---|---|
| Top Market | Italy (249,410 passenger movements) |
| Most Popular Airport | Rome, Fiumicino (58,782 passenger movements) |
| Aircraft Movements | 6,106 take-offs & landings |
| Seat Capacity | 1,078,257 seats |
| Fastest-growing Market (from top 5) | United Kingdom (25.0 per cent) |
| Cargo and Mail | 1,987 tonnes |
| Year-to-Date Traffic | 6,000,457 passenger movements (+16.3 per cent over 2023) |
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%).