Malta International Airport plc - Fuel Ground Handling Tender

On 15 April, Malta International Airport plc announced that it issued a Fuel Ground Handling tender to replace the existing agreement with present suppliers which expired on 31 March 2011. The new tender provides for a significantly reduced fuel handling user fee from €12.50 per 1,000 litres to €2.60 per 1,000 litres. MIA estimates that this reduction will result in a revenue decline of €1.2 million every year.

Separately, media reports revealed that yesterday the Malta Environment and Planning Authority (MEPA) approved an extension for parking facilities at the SkyParks Business Centre. Moreover MEPA is in the process of considering the new Master Plan submitted by MIA for the entire area. The new plan reportedly includes further developments at the airport including an extension to the air terminal, parking facilities including multi-level parking, a small hotel, a retail mall and also a recreational area.