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 Jul 11, 2023

2046_rns_2023-07-11_14a69ce2-15a5-4b73-8cea-4a6f04689fe9.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

June Traffic Results

Date of Announcement 11 July 2023 Reference 390/2023 In terms of Chapter 5 of the Capital Market Rules

QUOTE

The first half of 2023 concluded on a positive note for Malta International Airport as a total of 754,258 passenger movements were registered throughout the month of June.

This figure not only represents a substantial increase of 4.5 per cent over the passenger traffic handled during same month in 2019, but also marks the end of an encouraging quarter for the airport, as June became the third consecutive month during which the 700,000-passenger mark was reached.

Traffic through Malta International Airport peaked on the 29th of June, as 30,419 departing and arriving passengers took advantage of the four-day bridge weekend that coincided with the end of the academic year for most educational institutions in Malta.

While seat capacity surpassed 2019 volumes by 1.8 per cent, standing at 873,580 seats, load factor also showed a marked improvement, rising from 84.1 per cent in June 2019 to 86.3 per cent last month.

The airport's top five markets remained largely consistent with the previous year. Italy retained the top spot of Malta International Airport's market leaderboard for June, with a market share of 24.5%, followed by the United Kingdom, Germany, which regained third position, France and Spain.

YEAR-TO-DATE TRAFFIC

Malta International Airport's performance in June brought year-to-date traffic up to 3,434,470 passenger movements, exceeding the traffic volumes handled during the first half of 2019 by 5.6 per cent.

UNQUOTE

Signed: Louis de Gabriele

Company Secretary

About Malta International Airport

Malta International Airport welcomed 5.8 million passengers in 2022, marking a recovery of 80 per cent of the record traffic it had handled in 2019.

The company's continued investment in the terminal building has brought about several improvements over the years, the most r ecent of which was the inauguration of a new Food Court, which has widened the food and beverage offering at the airport. In 2020, Malta International Airport inaugurated Park East, a multi-storey car park that has increased the number of parking spaces on the airport campus to 2,700. Additionally, 14,000m² of office and retail space are housed within SkyParks Business Centre, with the SkyParks 2 project that is in the offing set to bring about further expansion in this regard.

The airport team is guided by a vision of service excellence, which has led MLA to clinch the title 'Best Airport in Europe' in 2018, 2019, 2020 and 2021. Malta International Airport has been working towards operating in a more sustainable manner for the past years, particularly toward s achieving net zero carbon emissions by 2050 through better energy management. In 2014, Malta International Airport established the Malta Airport Foundation, which invests in the Maltese Islands' cultural heritage and environment through several collabor ations and initiatives.

Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholde rs 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.