The Ministry for Tourism and Consumer Protection and Malta Tourism Authority announced the Malta airport reopening as of July 1, 2020. Addressing a press conference earlier today, Malta International Airport Chief Executive Officer Mr Alan Borg also announced the company’s traffic forecast for 2020, which indicates that passenger numbers will rise […] The Maltese equity market remained largely subdued for most of the year with very little activity taking place across the larger companies listed on the MSE. Malta International Airport today unveiled the company’s long-term vision for the airport, revealing details of an investment of circa €100 million in a terminal expansion. By browsing this site you are giving your consent for us to set cookies. Malta International Airport’s share price information can be found in the Malta Stock Exchange. During a television interview yesterday, Tourism Minister Julia Farrugia Portelli revealed that Prime Minister Robert Abela will announce when the airport will be reopening in the coming days. John Galea. Rizzo, Farrugia & Co. (Stockbrokers) Ltd. © 2021. After taking into account a tax income of €0.89 million, the loss for the period under review amounted to €2.01 million compared to a net profit of almost €14 million in the first half of 2019. MIA derives revenue from passenger and aircraft traffic as well as rent (from retail outlets within the airport terminal, outlets and office at SkyParks Business Centre and warehousing), advertising, parking the operation of the various retail outlets. This is the official Malta International Airport Facebook community. IMPORTANT NOTICE: Given the ever-evolving situation, Malta International Airport recommends that passengers contact their airline for further information about an upcoming flight.. For the most recent updates on country-specific Covid-19 requirements and travel restrictions, please click here, and refer to the ‘Flight & Destination Information’ section. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (Rizzo Farrugia) is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. Find out more details and individual contact information. Malta’s Ministry for Tourism and Consumer Protection and the Malta Tourism Authority (MTA) welcomes the announcement made yesterday by Prime Minister Robert Abela that a further six countries have been added to the list of destinations for when the airport in Malta officially reopens on July 1, and that restrictions on all other flight destinations will be lifted on July 15th. This is the official Malta International Airport Facebook community. Neither RFC, nor any of its directors or employees accept any liability for any loss or damage arising out of the use of all or any part thereof and no representation or warranty is provided in respect of the reliability of the information contained in this report. We use cookies on this site to enhance your user experience. As the first few COVID-19 cases were reported in Malta in March 2020 leading to a number of unprecedented measures by the health authorities effectively shutting down a large part of the economy including air travel, share prices of companies on the MSE dropped heavily mirroring the trend seen internationally. Karl Farrugia, the head of Malta's central Watch: 'Historic day' - First batch of Covid-19 vaccines arrives in Malta - The Malta Independent Malta expected to reach herd immunity by summer of 2021 and travellers will be issued a vaccine passportMalta expected to reach herd immunity by summer of 2021 and travellers will be issued a vaccine passport Built in the early stages of the Air Battle for Malta in 1940, the Combined Operations Room was where some of the key military figures of the time worked from and took crucial decisions, which helped the strategically located island emerge victorious from what was to … “We have always said the airport should be closed until 15 June but we will continue assessing this with the health authorities,” she said on TVM’s Xtra on Thursday night, in what was a strong hint that government is targeting a mid-June reopening. Following the recovery in recent weeks, GO’s equity is heading for a decline of 17% throughout 2020 with a steeper decline of 31% for HSBC Bank Malta despite the rally of just over 28% from the 12-year low of €0.70. Malta International Airport plc – Interim Financial Statements for the six-month period ended 30 June 2020. As a result, the ‘Airport’ segment only contributed €8.36 million in revenues compared to €31 million in H1 2019. There are no flights then and Canada is closed . This is the official Malta International Airport Facebook community. MIA also highlighted that it is sufficiently resilient to be able to sustain the current adverse conditions and that it has sufficient resources to meet all of its financial obligations. c/o Rizzo, Farrugia & Co. (Stockbrokers) Ltd, Airways House, 3rd Floor, High Street, Sliema SLM1549 Tel: (356) 2258 3000 Fax: (356) 2132 4546 E: vincent.rizzo@rizzofarrugia.com www.stockbrokersmalta.com. This page includes a list of the existing Corporate bonds and their respective amounts issued, maturity, interest, price, yield, bids and offers. The Euro Stoxx 50 is showing a decline of 4.5%. Rizzo, Farrugia & Co. (Stockbrokers) Ltd, “RFC”, is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. Sathvika was welcomed at the Malta International Airport on Wednesday afternoon. The girl was adopted from India by Angie and Kevin Farrugia. MIA CEO Alan Borg thanked staff members for the achievement during a challenging year. Čia buvo 504 074 žmonės. In view of the very limited commercial activity, coupled with the number of emergency cost-cutting measures introduced by MIA during the period under review, total operating costs dropped by almost 23% to €16.9 million (H1 2019: €21.9 million). Malta’s Ministry for Tourism and Consumer Protection and the Malta Tourism Authority (MTA) welcomes the announcement made yesterday by Prime Minister Robert Abela that a further six countries have been added to the list of destinations for when the Malta International Airport officially reopens on July 1, and that restrictions on all other flight destinations … View Joanne Farrugia’s profile on LinkedIn, the world’s largest professional community. Amongs its schemes, Malta Enterprise providing up to €5,000 for every business, allowing them to embark on a reengineering exercise with approved companies. Rizzo, Farrugia & Co. (Stockbrokers) Ltd, ‘Rizzo Farrugia’, is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. The second-best performing equity during December was of Medserv plc with a rise of 41%. A further six countries have been added to the allowed list. In 2001, the equity market had tumbled by 34.8% and a similar performance was registered in 2008 with a decline of 35%. It has not been disclosed to the company/s herein mentioned before its publication. Minister for the Economy, Investments and Small Businesses Silvio Schembri and Minister for Tourism and Consumer Protection Julia Farrugia Portelli participated in the re-opening of Malta International Airport and witnessed the first commercial flight by Air Malta with 108 passengers on board. Abigail Magro. Malta may get a new air link to Dubai for summer 2021 as Malta International Airport is engaged in "advanced talks" with Fly Dubai. Excluding depreciation charges, MIA recorded an EBITDA of €2.57 million (H1 2019: €27 million) reflecting the EBITDA of €4.55 million generated by the ‘Retail & Property’ segment which was however partly offset by the negative EBITDA of €2.04 million recorded by the ‘Airport’ segment. This is the official Malta International Airport Facebook community. The airport in Malta officially reopens on July 1, and restrictions on all other flight destinations will be lifted on July 15th. While the airport operator remained debt free, the amount of lease liabilities increased to just under €53 million from €52.8 million as at the end of 2019. RS2 was the fourth most actively traded equity in 2019 after Bank of Valletta plc, Malta International Airport plc and GO plc. 504,140 were here. Malta International Airport's list of licensed stock brokers is available here. This is the official Malta International Airport Facebook community. Read more here. Business Today reports that Malta International Airport won the Best Airport Award and the HR Excellence Award at this year’s edition of the Airports Council International. 499,492 were here. Meanwhile, net finance costs increased slightly to €1.04 million. It is interesting to highlight that in its 25-year history, the Maltese market already had instances of such substantial losses. In fact, the NASDAQ index rallied by over 40% with the S&P 500 up by nearly 16% and the Dow Jones Industrial Average heading to the year-end with a gain of over 6%. The share price of IHI had dropped to a low of €0.452 during the year which implies that the share price has rallied by nearly 60% from this all-time low. This is however dwarfed by the 34% upsurge of the OMX Copenhagen 25 index which tracks the largest companies in Denmark. Article #675 by Edward Rizzo - Published Weekly, Rizzo, Farrugia & Co. (Stockbrokers) Ltd. © 2021. As international developments during the course of November indicated the strong progress achieved by a number of the front runners of the COVID-19 vaccine developers, investor sentiment also started to improve locally possibly also on the back of the very strong gains registered across international equity markets. ... Vaser lipo with Dr. Farrugia in Malta. Malta International Airport: The ‘8 Till Late Pharmacy’ is open every day from 8am to 10pm Gozo: 9am to noon. Nonetheless, given the larger drop in revenues, MIA still reported an operating loss of €2 million as the €5.01 million operating loss within the ‘Airport’ segment was only partially offset by the operating profit of €2.95 million generated by the ‘Retail & Property’ segment. Malta International Airport will reopen to as many as two dozen European destinations on July 1 before eventually lifting restrictions on all other flight destinations on July 15, Malta's Prime Minister Robert Abela announced this week. This page includes a list of the existing Malta Government Stocks and their respective amount issued, maturity, interest, price, yield, bids and offers. It is also located close to the Hal Far industrial estate and the Malta International Airport. The first few months of next year will also be characterised by the difficult operating environment brought about by the ongoing pandemic while the main focus during the second half of the year will likely be on the extent of any recovery that will be registered by the Maltese economy and the individual companies listed on the MSE as a result of the rollout of a number of vaccines on a global level. Accordingly, the Maltese equity market underperformed most of the larger developed global stockmarkets. It has not been disclosed to the company/s herein mentioned before its publication. About MIMCOL Malta Investment Management Company Limited (MIMCOL) is a government entity dedicated to creating, assisting and promoting financial endeavours/projects with the ultimate aim of strengthening the national economic effort; offering services for the restructuring and privatisation, strategic management services, Human Resources guidance and a wide range of financial services. During the first half of 2020, MIA registered a 66.5% decline in revenues to €14.9 million. E. Gingell and M. A. Saliba, “Analytical study and versatile simulation of tool crib operations in an aircraft maintenance hangar”, International Journal of Mechanical Engineering and Robotics Research, Vol. The share price performance of RS2 Software plc was rather subdued in recent weeks following the 19 November announcement that the company convened an Extraordinary General Meeting for 15 December to approve a large number of resolutions mainly related to a proposed issuance of preference shares. In their commentary, the Directors of MIA explained that since re-opening to commercial flights on 1 July 2020, the company restored connectivity with 76 airports located in 21 European countries. The Ministry for Tourism and Consumer Protection and the Malta Tourism Authority have announced the reopening of Malta International Airport and the resumption of commercial flights to and from Malta as from 1 July 2020. On 29 July 2020, Malta International Airport plc published its interim financial statements covering the six-month period ended 30 June 2020. On the other hand, the Spanish IBEX 35 is the worst performing major index as it is down by over 14%. Malta International Airport was the second company to publish its interim financial statements last week following Mapfre Middlesea plc on July 12 which kicked off the interim reporting season. Minister for Tourism and Consumer Protection Julia Farrugia Portelli noted that the decision to allow visitors will give Malta a summer travel season and … ... charlene.farrugia Created Date: On the same day, the Maltese airport will reopen, and commercial flights from Malta to the countries listed above will resume, SchengenVisaInfo.com reports. In the case of the Maltese equity market, it is worth remembering that the onset of the pandemic towards the end of Q1 2020 followed the political crisis that engulfed our shores during the latter part of 2019. The share price performances of several companies would be dependent on any company-specific developments that may take place. It is naturally very hard to predict whether the spectacular recovery in some share prices over recent weeks will continue during the first few months of 2021. This is the official Malta International Airport Facebook community. Just one week of the OMX Copenhagen 25 index which tracks the companies! 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