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 Feb 7, 2017

2046_rns_2017-02-07_685233b7-7533-475e-852a-0bbc25d95d8e.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - January 2017

Date of Announcement th February 2017
7
Reference 246/2017
In terms of Chapter 5 of the Listing Rules 5.16.5/5.20

In January the company exceeded the 300,000 passenger mark for the first time.

Hosting precisely 301,289 passengers in January, the airport's traffic for the month increased by 27.3% or an increase of 64,699 passengers over the same month last year.

This growth was registered on the back of an upturn in both aircraft movements and seat capacity, which grew by 22.1% and 27.7%, respectively. Enhanced connectivity to markets such as Germany, Spain and Italy was an important contributing factor to this growth. Moreover, seat load factor (SLF) also increased by 1 percentage point to reach 72.7%, indicating that airlines were more efficient in filling up available seats, as more tourists chose to travel to Malta.

The United Kingdom, Italy and Germany were the top three contributors of traffic at Malta International Airport, with all three registering double-digit growth.

Accounting for 15,784 and 13,903 passenger movements, Belgium and Spain, were the fourth and fifth top drivers of traffic to Malta during the month of January. Looking at the top five airports delivering traffic to Malta, one notes that newcomer Catania Fontanarossa International Airport established itself at the top of the list, following the introduction of added flight frequencies to this airport.

The maximum take-off weight (MTOW) at the airport also experienced a 26.8% growth to reach 104,108 tonnes and the weight of cargo and mail climbed to 1,305 tonnes from the 1,185 tonnes registered in January 2016.

Signed: Louis de Gabriele COMPANY SECRETARY Note

Some changes in data collection have come into effect as from January 2017, with the numbers reported being marginally different to those reported in previous years. This, however, does not have a material impact on our reported results. If further details are required, kindly contact the Marketing & Brand Development team via [email protected].

About Malta International Airport

Malta International Airport is the only airport serving the Maltese Islands, connecting the tiny island state to more than 80 destinations in Europe, North Africa and the Middle East, through over 30 partner airlines. With 97% of all Malta's tourists flying through it, the airport handles more than 5 million passengers and over 15,000 tonnes of freight annually. Since becoming fully operational in 1992, the terminal has received continuous investment and now accommodates more than 20 retail outlets, 14 catering establishments and parking for over 1,500 cars. Malta International Airport owns SkyParks Business Centre, which contains nearly 10,000m² of Malta's hardest working office space and 4,000m² of retail and amenities for the business and local community. The building is eco-certified by BREEAM and has become one of Malta's most sought-after corporate addresses.

For more information, visit www.maltairport.com. Alternatively, follow us on Facebook (facebook.com/maltairport).

Talk to a Data Expert

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