Malta International Airport (MIA) has declared a net interim dividend of €0.06 per share, payable by 12th September 2025, following a healthy financial performance in the first half of the year.
The group’s results include the contributions of its subsidiaries – Airport Parking Limited, Sky Parks Development Limited and Sky Parks Business Centre Limited.
According to its interim financial statements filed with the Malta Stock Exchange, the MIA group reported total revenue of €71.9 million for the January–June 2025 period. This marks an increase of 11.6 per cent (or €7.4 million) compared to the same period in 2024, largely driven by a substantial 11.7 per cent rise in airport passenger traffic.
Passenger numbers hit a new half-year record, with 4.5 million people passing through Malta’s national airport. The growth was also supported by a strong performance in the non-aviation segment, which saw a 12 per cent increase in traffic year-on-year.
Seat capacity grew by 12 per cent, adding 587,716 new seats, while aircraft movements also rose by 12 per cent to reach 31,436. Interestingly, despite these increases, the seat load factor remained steady at 84 per cent, the same as in 2024.
Notably, even the first quarter, traditionally a slower season, showed “steady growth” in passenger traffic. February stood out with an impressive 18 per cent year-on-year increase in passenger movements.
The first half of 2025 also saw three new airlines commence operations at MIA – SAS, Volotea and LOT Polish Airlines. In July, Qatar Airways began operating direct flights between Malta and Doha.
Aviation-related activities contributed €49.2 million to total revenue (68.4 per cent), reflecting an 11.1 per cent increase. The retail and property segment generated €22.4 million, accounting for 31.2 per cent of total revenue and marking an 11.7 per cent rise. An additional €319,570 (0.4 per cent) was attributed to other revenue streams.
Net profit for the group reached €24.5 million, a 10.7 per cent increase compared to the same period last year.
Capital expenditure rose to €34.4 million, up from €28.2 million in 2024. This was primarily driven by the completion of a new VIP terminal in Q2, which welcomed its first guests in June. Excavation works are nearing completion for the Sky Parks Business Centre 2, with construction expected to begin in late Q3. The development will also include a hotel slated for completion by 2027.
Additional infrastructure projects completed in 2025 include a 1,550-square-metre westward terminal extension and a new Schengen arrivals corridor.
In June, MIA executed a share buyback of 17,692 shares at a weighted average price of €5.95 per share, continuing a trend observed in recent months.
