Malta International Airport plc published its Interim Statement on 18 May informing the market that since the start of 2012, the financial position of the Company has remained sound and the performance has been in line with projected results. The Directors stated that subject to any unforeseen circumstances, the Company’s financial results for 2012 will be within the projections prepared at the beginning of the year.
The airport operator indicated that passenger movements declined by 4.7% during the first quarter of 2012 but increased by 1.4% in April resulting in an overall 2.6% decline during the first four months of the year. MIA stated that this is largely in line with the forecast for 2012 for an overall decline of between 2% to 3% compared to the record levels of 2011.
MIA also provided an update on the new Sky Parks Business Centre which is in its final phase of completion after a delay of six months from the original target date. The building will be inaugurated in the second week of July 2012 and the first tenants should be moving in by then.