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    MIA   MT0000250101

MALTA INTERNATIONAL AIRPORT P.L.C.

(MIA)
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End-of-day quote Malta Stock Exchange  -  2022-06-23
5.950 EUR    0.00%
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Malta International Airport p l c : Apr, 2022 Malta International Airport publishes its traffic results for Q1 2022

04/11/2022 | 03:19am EDT
  • Traffic through MIA still 44% below pre-pandemic levels
  • 14 countries that are currently connected to MIA have lifted all travel restrictions
  • Data for the first two months of 2022 shows Malta still lagging behind its peers

Malta International Airport welcomed 316,713 passengers in March, with this number bringing the traffic for the first quarter of 2022 up to nearly 673,000 passenger movements. This quarterly total was 44.1 per cent below the traffic handled by the airport during the same period in 2019.

The number of seats available on flights to and from Malta remained 35.4 per cent below pre-pandemic levels, while the seat load factor (SLF), which measures the occupancy of these seats, averaged at 65.5 per cent for the first quarter of the year. This seat load factor was 10.2 per cent below 2019 levels.

Malta International Airport's market leaderboard for the first three months of the year saw the Italian market occupy the top spot with just under 125,000 passenger movements registered. The United Kingdom followed with nearly 119,000 passenger movements, while France, Germany and Poland registered a cumulative total of 174,838 passenger movements.

Out of these top five markets, the United Kingdom and Poland announced the lifting of COVID-19 restrictions on travel to the respective countries in March. A total of 14 countries that are currently connected to Malta International Airport have so far completely removed their restrictions.

While the European airport group's results for the first quarter of 2022 are not available yet, results for January and February show that Malta was still recovering at a slower pace than its direct competitors.

Published on: 11.04.2022

Disclaimer

Malta International Airport plc published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 07:18:06 UTC.


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Financials
Sales 2021 47,4 M 50,0 M 50,0 M
Net income 2021 6,97 M 7,36 M 7,36 M
Net Debt 2021 20,9 M 22,1 M 22,1 M
P/E ratio 2021 116x
Yield 2021 -
Capitalization 805 M 849 M 849 M
EV / Sales 2020 26,7x
EV / Sales 2021 17,6x
Nbr of Employees -
Free-Float 75,0%
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Managers and Directors
Alan Borg Chief Executive Officer & Executive Director
Karl Dandler Chief Financial Officer & Executive Director
Nikolaus Gretzmacher Chairman
Ian Maggi Head-Innovation & Technology
Kevin Alamango Head-Technical Services