Gayle Lynn Callus is no longer holding the position as Head of Retail, Property, Marketing & Communications, the Malta International Airport said in a statement. He will however continue to assist the Chief Executive Officer, Alan Borg, and focus on the airport’s marketing and communications functions.
It is understood that Mr Callus will continue to serve the CEO and support the airport in its marketing and communications activities as a contracted consultant.
The Retail & Property segment will fall under the direct responsibility of the Chief Executive Officer in the interim, MIA confirmed.
Mr Callus was appointed Head of Retail and Property in August 2023. He joined MIA in 2018 as a human resources executive and steadily progressed in the six years with MIA.
The announcement came as MIA announced Board approval of the Group’s financial results for year-end 2023.
Financial Results 2023
Resilient demand for air travel led MIA to close 2023 with a record 7.8 million passenger movements, as traffic volumes increased by 33.4 per cent over 2022.
The Group’s total revenue generated in 2023 amounted to €120.2 million, with the aviation segment contributing 68.5 per cent of this total and the non-aviation segment contributing 31.3 per cent in 2023.
The Group’s Earnings before Interest, Taxation, Depreciation and Amortisation (EBITDA) increased by 37 per cent over 2022 to reach €75.2 million. The EBITDA margin also registered a slight improvement to stand at 62.6 per cent.
Additionally, the Group’s net profit for the year amounted to €40.3 million compared to a net profit of €38.9 million, inclusive of a tax credit of €12 million, reported in 2022.
Featured Image:
Gayle Lynn Callus / LinkedIn Photo
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