On 17 November, Malta International Airport plc issued its Interim Directors’ Statement covering the period since the half-year end on 30 June. The Directors stated that since 30 June 2010 the financial position of the Company remained sound. Moreover the Directors confirmed the positive trend in passenger numbers with growth rates of 8.9% in the first quarter, 11.1% in the second quarter and 14.8% in the third quarter. The Company expects this trend to continue during the last three months of the year. In fact passenger movements in October climbed by 18.4%.
Given this increase in passenger numbers, the Directors expect the 2010 full-year figures to be better than the projections made at the beginning of the year and of the profitability of €8.8 million in 2009.
The Directors also stated that construction works at the new Sky Parks Business Centre has progressed steadily throughout the year and the first tenants are expected to move in by the third quarter of 2011.