Half Year Traffic Highlights Presented by CEO, ALAN BORG 1
Presentation Contents 1. Traffic Highlights 2015 2. Route Development 2015 3. Industry Indicators 2015 4. Forecast 2015 5. Airport Investments 2015 2
Traffic Highlights 3
Traffic Results June 2015 Jun 2015 Jun 2014 + / - % Change Passenger Movements 459,280 424,329 34,951 8.2% Aircraft Movements 3,413 3,226 187 5.8% Seat Capacity 565,129 538,777 26,352 4.9% Seat Load Factor 81.30% 78.80% 2.5 PPD Cargo and Mail (in tonnes) 1,417 1,356 61 4.5% MTOW (in tonnes) 280,079 270,504 9,575 3.5% 4
Traffic Results January - June 2015 Jan - Jun 2015 Jan - Jun 2014 + / - % Change Passenger Movements 1,987,497 1,859,732 127,765 6.9% Aircraft Movements 15,422 14,835 587 4.0% Seat Capacity 2,552,215 2,460,043 92,172 3.7% Seat Load Factor 77.90% 75.60% 2.3 PPD MTOW (in tonnes) 1,286,533 1,260,156 26,377 2.10% Cargo and Mail (in tonnes) 7,535 7,687-152 -2.0% General Aviation (aircraft movements) 2,521 1,636 885 54.1% 5
Traffic Results Monthly 2015 Traffic Growth by Month 500,00 450,00 400,00 350,00 +4.3% +9.9% +8.2% 300,00 +4.5% 250,00 200,00 +4.8% +8.1% 150,00 100,00 50,00 0 JAN FEB MAR APR MAY JUN 2014 2015 6
Traffic Results Passenger Growth Comparison 2005-2010-2015 2,500,00 +69% 2,000,00 1,500,00 1,000,00 500,000 0 Q1 Q2 TOTAL 2005 2010 2015 7
Traffic Results Top Markets Jan to Jun 2015 Jan - Jun 2015 Jan - Jun 2014 + / - % Change Share UK 580,107 559,157 20,950 3.7% 29% ITALY 396,427 348,508 47,919 13.7% 20% GERMANY 274,954 250,938 24,016 9.6% 14% FRANCE 125,207 121,748 3,459 2.8% 6% NETHERLANDS 54,536 48,979 5,557 11.3% 3% SPAIN & CANARY ISLANDS 50,745 40,864 9,881 24.2% 3% BELGIUM 47,454 39,974 7,480 18.7% 2% TURKEY 46,922 27,684 19,238 69.5% 2% AUSTRIA 46,491 40,590 5,901 14.5% 2% POLAND 42,961 23,372 19,589 83.8% 2% OTHERS 321,693 357,918-36,225-10.1% 16% TOTAL 1,987,497 1,859,732 127,765 6.9% 100% 8
Traffic Results Top Destinations Jan to Jun 2015 Jan - Jun 2015 Jan - Jun 2014 + / - % Change LONDON - GATWICK 158,945 149,008 9,937 6.7% FRANKFURT 129,967 124,710 5,257 4.2% ROME - FIUMICINO 104,476 101,451 3,025 3.0% LONDON - HEATHROW 87,287 87,688-401 -0.5% MANCHESTER 76,825 77,513-688 -0.9% CATANIA - FONTANAROSSA 67,802 56,217 11,585 20.6% MUNICH - FRANZ J. STRAUSS 62,900 62,256 644 1.0% LONDON - LUTON 52,349 48,477 3,872 8.0% BERGAMO - ORIO AL SERIO 51,799 37,555 14,244 37.9% PARIS - ORLY 49,181 48,396 785 1.6% OTHERS 1,145,966 1,066,461 79,505 7.5% TOTAL 1,987,497 1,859,732 127,765 6.9% 9
Traffic Results Top Airlines Jan to Jun 2015 Jan - Jun 2015 Jan - Jun 2014 + / - % Change Air Malta 769,781 795,377-25,596-3.2% Ryanair 541,700 485,013 56,687 11.7% Easyjet 147,512 146,787 725 0.5% Lufthansa 97,122 100,533-3,411-3.4% Wizz Air 60,849 18,729 42,120 224.9% Turkish 46,922 21,671 25,251 116.5% Others 323,611 291,622 31,989 11.0% Total 1,987,497 1,859,732 127,765 6.9% 10
Traffic Results Business Mix Jan to Jun 2015 3% in 2015 3% in 2014 2015 2014 % Change 54% in 2015 58% in 2014 Flag-carriers 1,074,060 1,085,193-1.0% LCC 850,581 722,153 17.8% Charters 62,856 52,386 20.0% Total 1,987,497 1,859,732 6.9% Flag-carriers LCC 43% in 2015 39% in 2014 Charters 11
Route Development 12
Strategy Continue to Focus on the more untapped markets around Scandinavia and Eastern Europe including Russia Recover traffic from the Spanish market Explore opportunities for connectivity to Portugal Target Regional Airports around Continental Europe Keep growing our Cruise and Fly operation Maintain a healthy business mix 13
Traffic Results UK Market Growth 2005-2010-2015 700,000 600,000 +24% 580,107 500,000 400,000 466,804 458,126 300,000 356,745 285,814 279,782 200,000 223,362 180,990 178,344 100,000 0 Q1 Q2 TOTAL 2005 2010 2015 14
Traffic Results Italian Market Growth 2005-2010-2015 450,000 +147% 400,000 350,000 396,427 300,000 250,000 270,213 200,000 240,029 150,000 156,398 166,414 160,759 100,000 50,000 72,179 103,799 88,580 0 Q1 Q2 TOTAL 2005 2010 2015 15
Traffic Results German Market Growth 2005-2010-2015 300,000 +63% 250,000 274,954 200,000 180,470 183,903 150,000 168,782 100,000 94,484 105,616 109,272 50,000 63,166 74,631 0 Q1 Q2 TOTAL 2005 2010 2015 16
Regional Traffic Achievements Eastern Europe Market Growth 2005-2010-2015 200,000 +353% 180,000 160,000 173,312 140,000 120,000 100,000 120,156 80,000 60,000 40,000 53,156 20,000 25,754 29,534 38,217 39,879 0 12,463 10,345 Q1 Q2 TOTAL 2005 2010 2015 17
Regional Traffic Achievements Scandinavian Market Growth 2005-2010-2015 80,000 +35% 70,000 75,192 60,000 66,033 62,184 50,000 50,222 55,900 40,000 40,786 30,000 20,000 10,000 15,114 11,962 9,159 0 Q1 Q2 TOTAL 2005 2010 2015 18
Industry Indicators 19
Economic Indicators GDP Growth Forecast GDP Forecasts for 2015 India 7.6% Source: The Economist (13-19 June 2015) China Czech Republic Poland 3.4% 3.4% 6.9% Turkey 3.0% Spain Sweden 2.7% 2.7% United Kingdom USA 2.4% 2.3% Canada Germany 1.8% 1.8% Euro Area 1.5% France Belgium 1.2% 1.2% Italy 0.6% 0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 20
Industry Indicators Top 50 Airlines European Airports Top 50 Airlines at European Airports Change in monthly seat capacity Source: OAG Schedules Analyser for August 2015 and August 2014 40% 35% 30% 25% 20% 15% 10% 5% 0% -5% -10% -15% -20% -25% Ryanair easyjet Turkish Lufthansa Air France BA Vueling Aeroflot SAS airberlin Norwegian KLM Pegasus Airlines Alitalia Iberia Wizz Air germanwings Aegean Thomson Aer Lingus Austrian TAP Transaero Finnair Flybe Air Europa S7 Jet2.com Condor Thomas Cook Emirates Monarch Brussels Transavia TUIfly UTair SunExpress Delta Air Lines Volotea Wideroe LOT United Airlines Transavia.com Ural Airlines Meridiana Ukraine Int l Airlines SmartWings Onur Air Jetairfly 21
Industry Indicators ACI results Jan to May 2015 MIA 6.50% Airports < 5min 6.10% Europe 4.90% EU 5.50% Non -EU 2.90% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 22
Industry Indicators ACI Connectivity Report 2015 30% 25% 26% 20% 20% 15% 10% 11% 11% 13% 9% 10% 5% 5% 5% 0% Direct Indirect TOTAL Europe Group 4 Malta 23
Forecast 24
Forecast Considerations Growth rate registered between January and June Winter traffic Development Positive start to Summer and indications of further growth 25
New Developments Traffic Projections Winter 2015-2016 Two weekly flights to Stockholm will be operated during most of the winter period. A second weekly flight to Munich is being added to the winter schedule. 3 additional flights are being included to the existing winter schedule to operate 10 flights a week to Istanbul. East Midlands, Kaunas and Rome Ciampino will be new routes this winter. The schedule to Madrid will be also increasing to three flights a week. Two weekly flights to Barcelona will be operated during most of winter. The newly introduced Warsaw route will extend into the winter season. A second weekly flight to Sofia will also be added to the winter schedule. 26
Forecast 2015 Passenger Traffic 2015 Passenger movements in 2015 are expected to increase to a total of c. 4.5 million passengers. 27
Airport Investments 28
Investments Non-Schengen Expansion - 2m Footprint increased by 54% and modification of Arrivals area including 5 additional gates Runway, Apron and Taxiway Improvements - 950K Rehabilitation and resurfacing of pavements on Taxiway Charlie and improvements to Runway 23-05 High Voltage Network re-organisation + Back-Up Standby Power Generators - 970K Re-engineering and replacement of equipment to increase the reliability, safety and control of the electrical power and distribution system 29
Investments 2015 Improving Product Malta Torri Xutu restoration in full swing Foundation sponsored documentary film about the Marine Protected Area around Filfla in production Currently finalising a partnership with MTA to embellish a beach in the south of Malta and get the necessary infrastructure in place to bring it up to Blue Flag Status 30
Thank You. 31