Air Malta announced its third quarter (Oct-Dec 2012) results that, according to the airline, "confirm steady financial progress. During this period the airline has halved its operating loss, increased its revenue, seat load factor and passenger figures over the same period last year."
The national airline has reduced the operating loss for the quarter to €4.8 million (Q3 2011: €9.8 million loss). The net result position after restructuring costs (largely one-time charges) and interest costs is a loss of €8.5 million (Q3 2011: €11.9 million loss), as anticipated in the restructuring plan approved by the European Commission.
These figures continue to build on the progress registered in the first two quarters of the financial year and show that the airline is on track to achieve its stated milestone of halving last year's €30 million operating loss in the current financial year.
It said that these positive interim third quarter results were driven by constant improvements of the airline's revenue (+9.7% to €47.7 million), passengers numbers (+3.5% to 377,951 passengers) and seat load factor (+1.0% to 75.1%).
Passenger movements at Malta International Airport in 2012 reached 3.65 million, an increase of 4.1% over 2011. Aircraft movements at Malta IAP increased slightly by 182 which is 0.6% more when compared to 2011 whilst seat capacity increased by almost 50,000, which is equivalent to 1.1%.
Air Malta had 1,660,545 passenger movements, registering a negligible decrease of 1.1% on figures registered in 2011, and which resulted in a share of 45.5% of total traffic. It is followed by Ryanair with a traffic share of 25.4% equivalent to 925,880 passenger movements meaning an increase of 17.6% and easyJet with a traffic share of 8.8% equivalent to 319,601 passenger movements meaning a decrease of 6.3%.
Malta IAP's main markets for 2012 were the U.K. with a share of 30% or 1,106,436 passenger movements, +1.9% over 2011. This was followed by Italy with 17% or 619,575 passenger movements, +0.5% over 2011; and Germany with 15% or 539,119 passenger movements, +3.5% over 2011.
Legacy carriers have increased their passenger numbers marginally by 0.8%, with their overall market share registering a decrease of 1.8% to 57% (62% in 2010, 58.8% in 2011). Low-cost carriers increased their market share by 2% to 36.4% (32% in 2010, 34.4% in 2011) with an increase of 10.1% in passenger movements. Charter operations have retained their 7% share from total traffic as in 2011 (6% in 2010) with an increase of 2% in their passenger movements.
Malta International Airport plc is forecasting that passenger numbers for 2013 will be around 1.5% more than the record 3.65 million achieved in 2012, that is c. 3.7 million.
An easyJet Airbus A320-200 (G-EZTF), performing flight EZY8824 from Malta IAP to London-Gatwick, U.K., was forced to return back to Malta IAP for an emergency after the crew had to shut down engine #1 shortly after departure. The aircraft landed safely on RWY 31 at 1248lt, 20-mins after departing from the same runway. The aircraft stopped briefly on the runway while the fire team inspected the portside side of the aircraft. After it was cleared, the aircraft taxied to apron-9 under its own power. (21-Jan-2013)
Two Russian Federation naval vessels from the Baltic Fleet, RFS Yaroslav Mudryy (727) and RFS Lena, have sailed into Valletta Port (the Grand Harbour) this morning on a four-day courtesy visit. RFS Yaroslav Mudryy is a Neustrashimyy class (Project 1154) frigate, commissioned in the Russian Navy on June 21, 2009. RFS Lena is an Uda class (Project 577) replenishment tanker, commissioned in the Russian Navy in December 1966. RFS Yaroslav Mudryy and RFS Lena are currently berthing alongside at Pinto-3 and Pinto-4/5 wharves respectively. The Russian frigate has one Kamov Ka-27 helicopter on board, serial 28 'Yellow'. Both vessels are expected to sail from Malta on Sunday, January 13, at 1130lt and 1200lt respectively.