COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - April

Date of Announcement

7 May 2020

Reference

325/2020

In terms of Chapter 5 of the Listing Rules

QUOTE

Passenger numbers through Malta International Airport suffered a 99.64 per cent drop in April when compared to the same month last year, further highlighting the overwhelming impact of the COVID-19 pandemic on the aviation industry.

While passenger traffic had already decreased significantly in March 2020, the situation at Malta International Airport continued to deteriorate in April, which was the first full month to see air traffic to and from the airport come to an almost complete standstill.

"Last April, we handled just 2,370 passengers, which is roughly equivalent to the number of passengers usually processed in an hour on a typical day in summer. The road to pre-COVID figures will doubtlessly be a long and hard one, but I am optimistic that if all stakeholders continue to pull the same rope and remain open to taking the necessary measures, customer confidence will gradually be restored and the demand for travel will recover," said Malta International Airport CEO Alan Borg.

The decline in passenger numbers for the month of April was observed in parallel with drops of

94.30 per cent in aircraft movements and 98.35 per cent in seat capacity. Seat load factor (SLF) for the month of April stood at a very low 18.8 per cent.

Following the ban of all inbound commercial flights towards the end of March, Malta International Airport continued to focus on its role in facilitating essential travel.

In April, there were 73 repatriation flights to and from eight countries including the United Kingdom, Germany, Italy, and the Netherlands. Moreover, flights carrying freight registered an increase of 39.8 per cent over the same month in 2019 to total 186 aircraft movements.

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. The Company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project 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, such as the Terminal Expansion Project, set to bring about further expansion. The airport team is guided by a vision of service excellence, which led MIA to clinch the title Best Airport in Europe for two consecutive years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation in 2014: an independently run non-profit organisation.

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%).

Attachments

  • Original document
  • Permalink

Disclaimer

Malta International Airport plc published this content on 07 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2020 13:53:04 UTC