COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - Summer and Year-to-Date 2019

Date of Announcement

08 November 2019

Reference

312/2019

In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport welcomed more than 6.3 million passengers between January and October. This figure translates into an increase of 6.7 per cent over the same comparable period last year, indicating that the airport is on course to close 2019 with a new traffic milestone of more than seven million passenger movements.

The first 10 months of the year all performed well and posted growth, with the summer season - stretching from April until October for the aviation industry - registering an increase of 7.7 per cent in passenger movements at Malta Airport. In parallel with this increase in passenger numbers, aircraft movements and seat capacity grew by 5.6 per cent and 6.8 per cent, respectively.

The top markets for the season were the United Kingdom (+3.3 per cent), Italy (+3.7 per cent), Germany (+17.3 per cent), France (+8.4 per cent) and Spain (+9.3 per cent). Malta International Airport's connections with these already popular markets were further strengthened in summer with the introduction of new routes, such as Exeter, Cardiff, Verona and Perugia, and better flight frequencies on existing routes.

"With another successful summer behind us, the focus has now been shifted to ensuring that the winter and off-peak months deliver results that are in line with our strategy, which is aimed at attracting year-round tourism to the islands. Our recently launched winter schedule will continue to make Malta accessible to tourists in the off-peak months, whilst increasing convenience and travel options for locals," said Malta International Airport CEO Mr Alan Borg.

The summer season was brought to a close by October, which recorded an 8.8 per cent increase over the same month last year and went on to surpass the 700,000-passenger mark for the first time. The last days of the month saw Malta International Airport launch its new winter scheduleand welcome the first flights from Paphos, Trieste, and Santiago de Compostela.

UNQUOTE

Signed:

Louis de Gabriele

COMPANY SECRETARY

About Malta International Airport

Malta International Airport connects the Maltese archipelago to over 100 destinations in more than 30 countries. Being Malta's only air terminal, the airport hosts more than six million passengers annually, of which the majority are inbound tourists. To be able to cater for an ever-increasing number of passengers, the company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project set to be completed in 2018 bringing about the most recent overhaul. The airport campus itself has grown to provide over 1,500 parking spaces, and 14,000m² of office and retail space housed within SkyParks Business Centre, with projects in the offing set to bring about further expansion. The airport team is guided by a vision of service excellence, which has landed MIA among the top five airports in ACI's prestigious Airport Service Quality Awards for the past nine years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation, an independently run non-profit organisation, which will be unveiling three projects in 2018.

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%).

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

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Malta International Airport plc published this content on 08 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2019 16:24:02 UTC