Borg has contracted renewed to 2030
Malta International Airport (MIA) CEO Alan Borg has had his contract extended to 2030, as the company looks to push through a €345 million investment plan in the coming years.
Borg has led the airport’s management team since 2015, having first joined the company in 2007. His new three-year contract term will begin in February 2027, when his current deal expires.
In a market statement issued on Wednesday, MIA said it welcomed just over 10 million passengers in 2025, a 12.3% increase over the previous year. The company is now targeting 10.5 million passenger movements for 2026.
Passenger traffic in December alone was up by 19.9% when compared to December 2024.
Aircraft movements were up 11.4% in 2025 and while seat capacity rose by just over 13%, the average seat load factor remained largely unchanged at 85.4%.
Guidance issued by its board of directors indicates that the company expects revenues to reach €162 million this year with post-tax profits of €51 million. The airport, however, expects to invest almost double that, €90 million, in an expansion project that will see the airport grow by a further 6,000 square metres and connect to the multi-storey Park East car park.
