Malta International Airport plc

Malta International Airport plc

Malta International Airport plc was registered as a company on the 16th May 1991 (registration number C 12663) and commenced operations on 1st January 1992. Initially, MIA managed and operated the air terminal but was later entrusted with the responsibility of the entire airport. Before 1992 these activities had been undertaken by the Government's Air Terminal Department since the 1st January 1989, and before that by the Government's Department of Civil Aviation (DCA).


Malta's geographical position made it possible for the Island to develop the aviation industry as early as the second decade of this century. At the time Malta was a British colony and as expected the first aircraft operating were military. Civil aircraft appeared later during the 1920's.

The foundation stone of the present air terminal was laid in September 1989 and inaugurated in record time 29 months later in February 1992. Malta International Airport became fully operational on March 25, 1992, and the old Luqa airport was effectively closed down after 35 years.

In July 2002, the Government of Malta signed an agreement with the Malta Mediterranean Link Consortium Ltd (MML) for the sale of 40% of Malta International Airport plc. The deal was worth Lm 40 million (€93.16 million). MML is owned by Flughafen Wien AG (57%), SNC-Lavalin Inc. (39%) and Airport Investments Ltd, which is an associate company of the Maltese Bianchi Group of Companies.

In 2008, Malta International Airport handled 3.11million passengers (+4.7% over 2007) on scheduled and non-scheduled flights, 30,261aircraft movements and 18,262 tonnes of cargo and mail. Tourism indeed remains the most significant factor. It is therefore inevitable that a shift in the number of tourist arrivals has an immediate and direct impact on MIA's performance. For the Financial Year ended 31 December 2007 MIA's turnover was of Lm 19.04 million (€44.35 million) resulting in an EBITDA of Lm 8.72 (€20.31 million) and the EBITDA margin standing at 45.8%.

MIA's core air terminal operations include general passenger services, and the operation of an extensive range of retail services at the airport, airside and landside shops, restaurants and other outlets, which are all operated on concession agreements. MIA also leases office space to airlines and other travel related operators at the airport.

Malta International Airport is a member of the ACI-EUROPE (Airport Council International - Europe) and a number of company officials sit on specialised committees and working groups within this council.

Location

Malta International Airport Luqa LQA 4000
Malta

Contact Info
Telephone: 
(+356) 21249 600
Email: 
Contact Form

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