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8.45 Million Passengers Expected For Malta Airport In 2024

8.45 Million Passengers Expected For Malta Airport In 2024
Local

Malta International Airport announced an adjustment to its 2024 traffic forecast and financial guidance, projecting 8.45 million passengers by year-end, an increase of approximately 650,000 passengers from 2023.

Building on record results from 2023, the airport reported a strong first quarter in 2024, with expectations of steady growth throughout the year. In April, Malta International Airport welcomed 774,562 passengers, marking a 9.3% growth in traffic volumes compared to the same period in 2023, alongside a 9.6% increase in aircraft movements.

Although seat capacity increased by 10.5% over 2023, the average seat occupancy on flights slightly decreased to 83.8%.

April’s top markets were Italy, the United Kingdom, Germany, France, and Poland. The United Kingdom (+23.9%), Germany (+4.5%), and Poland (+47.0%) outperformed their 2023 results, while the Italian and French markets saw year-on-year declines of 2.8% and 3.8%, respectively.

Given the strong performance to date and a positive outlook for the remainder of 2024, Malta International Airport has revised its financial projections. The airport now expects revenues to total €132 million and a net profit of €44 million.

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