Air Malta said today that it made an operating loss of €6.1 million in the first quarter of its financial year (April-June) -€1.2 million lower than projected and €3.9 million lower than in the same period last year. The airline registered an increased turnover on budget of €2.1m. The airline said that during the quarter it carried 472,000 passengers and increased its passenger load factor by 2.6% to 75%.
Wednesday, August 22, 2012
Wednesday, August 15, 2012
A Maltese-registered Bombardier private plane has been impounded by the Spanish police in the Canary Islands after it was allegedly found to be carrying a ton of cocaine. According to reports in the Spanish media, the drug was concealed in boxes carrying Red Cross markings. The plane had previously flown from Venezuela to Miami and then the Canary Islands. The Colombian pilot and two Germans are under arrest. (Source: timesofmalta.com)
Thursday, August 9, 2012
Tuesday, August 7, 2012
Monday, August 6, 2012
In July, aircraft movements and seat capacity increased by 4.8% and 5.7% respectively over the corresponding period last year, whilst the average seat load factor (SLF) increased by 1.1% to reach 85.1%. This increase in SLF is the 16th monthly consecutive growth. The maximum take-off weight also increased by 5.6% on that registered in July last year, whilst cargo and mail were 8% higher than that recorded during the same month in 2011.
All the core markets, with the exception of Germany, registered increases during the month of July with Italy, France and Spain and showing an increase of 10.2%, 9.7% and 3.5% respectively. The largest market, the United Kingdom, resulted in an increase of 2.4%. The German market on the other hand registered a slight decrease of 1%.
January – July 2012: The results for the first seven months of the year, in terms of passenger movements therefore show an increase of 2.8% when compared to the same period last year, totalling 2.02 million passenger movements. This overall increase in the first seven months was mostly due to the record number of passengers in the month of July. (Source: maltairport.com)
Friday, August 3, 2012
Following last year’s initiative of giving a 100% refund to all scheduled airlines on all their landing fees last winter, Malta International Airport plc will once again waive landing fees for the coming winter season with the aim to further stimulate traffic during the shoulder/winter months.
This initiative forms part of Malta Airport’s Incentive Programme for airlines which has just been updated. The first Airline Incentive Scheme – launched back in 2007 – was aimed to attract airlines interested to start off their operations to Malta or looking at increasing their presence on the Maltese Islands. The Scheme targeted markets which back then were considered strategic, like the Iberian peninsula, Scandinavia and Eastern Europe. (Source: maltairport.com)
Labels: Malta IAP