Thursday, August 7, 2014

M.I.A. plc releases traffic results for July 2014

Malta IAP hosted a record 511,243 passengers in July, marking an increase of 8.5% when compared to the same month last year.

These figures reinforce M.I.A. plc's decision to revise its forecast for the rest of the year. CEO M. Klaushofer announced last week that the aiRport was now expecting a year-on-year growth of 4.2%, revised from 2% originally forecast in January. This followed six record months which accounted for more than 1.8 million passenger movements.

July's figures were due to an overall seat capacity increase of 8.2% and a 0.2% increase in seat load factor, reaching 82.8% for the month. Aircraft movements for the month rose by 8.2%.

Traffic from the U.K. grew by 9.4% in July, as a result of the increased capacity to and from London-Gatwick. Traffic from Italy and France rose by 15% and 19.9% respectively, due to further growth in these markets over the July period. Traffic to and from Germany increased by 6.1%. (Source: maltairport.com, 5-Aug-2014)