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Meet Your Market With Rizzo Farrugia: Malta International Airport plc Q3 Passenger Figures

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Hailey Borg

On 7 October 2024, Malta International Airport plc announced that it welcomed 896,471 passengers during September 2024, an increase of 10.4% compared to last year.

Passenger movements exceeded their relative 2023 figures for the ninth consecutive month.

The seat load factor stood at an all-time high for September at 90.2%, which is one percentage point higher than in September 2023, despite the fact that seat capacity was 9.1% higher than the same period last year.

The Q3 2024 movements amounted to a record of 2.83 million passengers, which is 11.5% higher than the same period last year and 18.7% higher than the 2019 pre-pandemic level.

The passenger movements during the nine-month period ended September 2024 amounted to 6.90 million, representing an increase of 15.5% above the passenger traffic recorded in the same period last year.

Assuming 10% growth in passengers during each of the last three months of the year compared to the same months last year would result in overall traffic of 8.9 million passengers in 2024.

“Meet Your Market” is issued for information purposes only and does not constitute personal investment advice or recommendation.

The information is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data.

Investing in securities may result in a loss of some or all of the capital invested.

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