PRIVATISATION OF MALTA INTERNATIONAL AIRPORT
The first phase of the privatisation of Malta International Airport (MIA) took place in early 2002, when Vienna airport, which is the majority shareholder in a consortium, Malta Mediterranean Link, bought a 40 per cent stake in MIA. The director of Vienna International Airport, Herbert Kaufmann, stressed that MIA was a very effective airport "with very committed staff".
The privatisation of MIA proceeded to the second phase when Government announced the sale of 13,530,000 shares in MIA to the public in November 2002. MIA is the only airport in Malta and serves as the main hub for Air Malta. Many other airlines utilise the airport, including several European holiday airlines.
MIA's core air terminal operations include general passenger services and the operation of an extensive range of retail services at the airport, airside and landside shops, restaurants and other outlets, which are all operated on concession agreements. MIA also leases office space to airlines and other travel related operators at the airport. MIA is a member of the Airports Council International Europe (ACI-EUROPE) and a number of the company officials sit on specialised committees and working groups within this council.