Malta International Airport p l c : March Traffic Results

COMPANY ANNOUNCEMENT
Malta International Airport plc (the "Company")
March Traffic Results
Date of Announcement	9 April 2024
Reference	404/2024
In terms of Chapter 5 of the Capital Market Rules

QUOTE

Passenger movements through Malta International Airport exceeded the 600,000-mark in March for the first time in the airport's history, with the airport team welcoming 633,826 passengers last month. As March traffic registered a 30.1 per cent growth over 2023, the first quarter of 2024 was brought to a close with a total of 1,573,712 passenger movements.

Passenger volumes reached their peak towards the end of the month, with 27,250 passengers travelling through Malta International Airport on Thursday 28th March. Apart from heralding the Easter long weekend, Maundy Thursday also coincided with the commencement of Cruise and Fly services offered by P&O Cruises, whose operations will extend to October.

This positive traffic performance was achieved on the back of an increase of 24.6 per cent over 2023 in the seat capacity deployed on flights to and from Malta, and a strong seat load factor of 87.2 per cent; the highest load factor to ever be recorded in March. Aircraft movements also increased by 20.5 per cent year-on-year to total 4,031 take-offs and landings last month.

With a combined market share of just over 50 per cent, Malta International Airport's top three markets in March remained Italy, the United Kingdom and Germany. However, out of the top five markets, Poland achieved the most substantial growth of 80.6 per cent over 2023, surpassing the French market to secure fourth position on the airport's market leaderboard.

After serving the Maltese Islands as the national flag carrier for the past 50 years, Air Malta's final flight landed at the airport in the early hours of Saturday 31st March, paving the way for the inaugural KM Malta Airlines flight to depart from our airport later that same day. Whilst thanking Air Malta for collaborating closely with our airport, and for the services it has provided to guests over the last half a century, we would like to take this opportunity to welcome its successor, KM Malta Airlines. We would also like to congratulate Universal Air on commencing operations from our airport towards the end of March.

UNQUOTE

Signed:

Louis de Gabriele

Company Secretary

About Malta International Airport

As Malta's sole air terminal, Malta International Airport connects the Maltese archipelago to over 100 destinations. In 2023, the airport welcomed 7.8 million passengers, marking a growth of 6.7% in passenger traffic over 2019.

The airport team is guided by a vision of service excellence, which has led MLA to clinch the title 'Best Airport in Europe' for 2018, 2019, 2020, 2021 and 2022. To uphold this reputation and to be able to cater for an ever-increasing number of passengers, the company has consistently invested in the airport campus since the airport's privatisation in 2002.

The company announced a five-year investment programme totalling €250 million in 2023, aimed at enhancing the airport's infrastructure and ensuring that Malta International Airport can seamlessly handle increasing volumes of passengers, whilst reaching its environmental targets and continuing to develop the airport campus.

Apart from these notable investments into the airport's infrastructure, Malta International Airport also invests into the Maltese Islands' cultural heritage and environment through the Malta Airport Foundation which will be celebrating its 10th year anniversary this year.

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%).