Malta International Airport : Traffic Results – Full Year 2019

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

2019 Full-Year Traffic Results

Date of Announcement	08 January 2020
Reference	314/2020
In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport closed off 2019 with a record 7,310,289 passenger movements. Translating into an increase of 7.4 per cent over 2018, the achievement of this full-year result marks the tenth year of traffic growth for the airport.

This rise in passenger numbers was observed in parallel with a 7.3 per cent increase in seat capacity. Measuring the occupancy of seats available on flights to and from Malta International Airport, seat load factor (SLF) remained unchanged from the previous year to stand at a healthy 81.8 per cent.

This solid full-year performance was partly driven by improved flight schedules for both the winter and the summer months. During the course of 2019, in fact, Malta International Airport welcomed a new airline, inaugurated 18 new routes spanning three continents, and introduced other developments aimed at further enhancing the islands' connectivity, particularly in the off-peak months.

While growth of 7.2 per cent was posted in the winter and shoulder months, the peak summer months saw a marginally higher increase in passenger movements of 7.6 per cent. The fastest-growing months of 2019 were December (+15.2 per cent), April (+10.5 per cent), June (+8.8 per cent), and October (+8.8 per cent), with three of these top performers being winter and shoulder months. On the other hand, the largest contributor to full- year traffic was the month of August, registering just over 823,000 passenger movements.

The top drivers of traffic for the year were the United Kingdom (+2.2 per cent), Italy (+3.4 per cent), Germany (+9.0 per cent), France (+10.8 per cent) and Spain (+17.3 per cent), all of which benefitted from route developments that continued to reinforce their popularity during 2019.

With another successful year having been brought to a close, Malta International Airport will soon be publishing its traffic forecast for 2020.

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).