PRESS RELEASE. First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability
|
|
- Ella Henry
- 5 years ago
- Views:
Transcription
1 PRESS RELEASE First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability Kifissia, 12 September 2017 AEGEAN announces first half 2017 results with consolidated revenue at 450.7m, 12% higher compared to the respective period in and total passenger traffic rising by 6% to 5.6m passengers. During the second quarter of the year, revenue increased to 298.9m, 17% up compared to the respective quarter in, without any increase in overall flight activity. The improvement in load factors by 9 ppt to 81% from 72%, resulted to a rebound in profitability with pre-tax and after-tax earnings at 23.2m and 15.8m, respectively, compared to pre-tax and after-tax losses of 2.1m and 2.2m in the second quarter of. The qualitative as well as quantitative improvement stemmed from targeted network adjustments as well as investment in international markets that continues to yield positive results. Total passengers carried for the second quarter increased by 7% with international network continuing to be the main driver with 12% growth. More specifically, international traffic from Athens International Airport grew by 17% with AEGEAN being the largest contributor to market s growth. During the First Half of the year, net result after tax was a loss of 20m, improved by 3.7m compared to the First Half of. Operating cashflow strengthened substantially to 119.5m from 87m, resulting to cash and cash equivalents of 337.4m 1 at , after the pay out of dividend for FY16 of 28.5m. Mr. Dimitris Gerogiannis, Managing Director, commented: We had a very strong start to the summer season. The maturing process of our international network, more effective capacity management and commercial policy as well a strong demand for Greece, have all contributed. Our performance in our Athens hub with 102 destinations continues to stand out, delivering 17% growth in international traffic. Given the traffic performance of July and August, we are highly confident for the performance of the third quarter of the year which substantially determines our full year results. Seasonality continues to be a key challenge with a weak first and last quarter of the year, especially as long as Greek customer demand remains low. 1 Including restricted cash ( 13.7m) and investments in bonds and securities ( 3.8m) 1
2 Consolidated Results million Quarter 2 Quarter 2017 % First Half First Half 2017 % Revenue % % EBITDAR % % EBITDA % (20.1) (10.5) -48% Pre-tax profit / (Losses) for the period (2.1) 23.2 (31.7) (26.7) -16% Net profit / (Losses) for the period (2.2) 15.8 (23.7) (20.0) -15% Passenger traffic (in,000) Quarter Quarter 2017 % First Half First Half 2017 % Domestic 1,514 1,541 2% 2,569 2,533-1% International 1,704 1,908 12% 2,660 3,022 14% Total 3,218 3,449 7% 5,229 5,555 6% Load Factor % 80.8% % 79.2% 8.2 Avg number of passengers per flight % % Financial statements and Key Performance Indicators are posted on the company s website Aegean Airlines will host a conference call to present and discuss First Half 2017 Financial Results on Tuesday September 12 th Details are available at About AEGEAN ΑEGEAN and Olympic Air carried 12.5 million passengers in network covers 145 destinations (33 domestic and 112 international) to 40 countries. Since June 30, 2010 AEGEAN is a member of STAR ALLIANCE, the strongest airline alliance worldwide. The Company has been honored with the Skytrax World Airline award, as the best European regional airline in First quarter key financial and operating results were announced on May 23, EBITDAR: Earnings before interest, tax, depreciation, amortization & lease payments 4 EBITDA: Earnings before interest, tax, depreciation & amortization 5 Scheduled Revenue passenger km divided by Available Seat km 2
3 AEGEAN at a glance Consolidated results Apr - Apr - Ch Jan - Jan - Ch In millions Jun Jun 2017 In % Jun Jun 2017 In % Revenue % % EBITDAR % % EBITDA % (20.1) (10.5) -48% Pre-tax earnings / (Losses) for the period (2.1) (31.7) (26.7) -16% Net earnings / (Losses) for the period (2.2) (23.7) (20.0) -15% Total number of passengers (in thousands) 3,218 3,449 7% 5,229 5,555 6% Average number of passengers per flight % % Load factor - Scheduled services (RPK/ASK) 72.1% 80.8% 8.7pp 71.0% 79.2% 8.2pp Load factor - Scheduled services (Pax/AVS) 72.5% 80.7% 8.2pp 71.1% 78.9% 7.8pp Average sector length (km) % % RASK (Revenue per ASK, in cents) % % Yield (Revenue per RPK, in cents) % % CASK (EBT level, in cents) % % CASK (EBT level, in cents) - excl. fuel costs % % 3
4 Profit & Loss account Consolidated results April - April - Ch Jan - Jan - Ch In millions Jun Jun 2017 In % Jun Jun 2017 In % Revenue Scheduled Services % % Charter % % Other % % Total revenue % % Other operating income % % Employee benefits (29.9) (29.8) 0% (55.8) (56.6) 1% Aircraft fuel (53.7) (55.0) 2% (83.2) (88.8) 7% Aircraft maintenance (34.5) (40.3) 17% (51.5) (64.3) 25% Overflight expenses (19.1) (17.9) -6% (30.3) (29.0) -4% Ground handling expenses (17.8) (17.0) -4% (28.5) (28.3) -1% Airport charges (15.5) (17.2) 11% (26.5) (28.1) 6% Catering expenses (7.4) (8.2) 10% (11.8) (13.1) 11% Distribution expenses (22.3) (22.9) 3% (39.0) (42.5) 9% Marketing & advertising expenses (4.6) (4.0) -12% (7.8) (7.0) -10% Other operating expenses (18.7) (20.3) 8% (35.3) (38.2) 8% EBITDAR % % EBITDAR margin 13.9% 22.8% 10.2% 13.2% Aircraft leases (31.8) (34.5) 8% (61.4) (70.1) 14% EBITDA % (20.1) (10.5) -48% Depreciation (4.7) (4.7) 0% (8.7) (9.0) 4% EBIT (1.0) (28.8) (19.4) -33% EBIT margin -0.4% 9.7% -7.1% -4.3% Financial results (1.1) (5.7) 431% (2.9) (7.3) 147% EBT (2.1) (31.7) (26.7) -16% EBT margin -0.8% 7.8% -7.9% -5.9% Income Tax (0.1) (7.4) % Net earnings / (loss) after tax (2.2) (23.7) (20.0) -15% 4
5 Balance Sheet AEGEAN Group Summary In millions December 16 June 17 Total fixed assets Cash & equivalents Financial assets available for sale Other current assets Total assets Total equity Finance lease liabilities Loans Other Liabilities Total equity and liabilities Cashflow AEGEAN Group Summary In millions Jan Jun Jan Jun 2017 Net cash flows from operating activities Net cash flows from investing activities 71.3 (0.5) Net cash flows from financing activities (52.0) (33.9) Net (decrease)/ increase in cash and cash equivalents Cash at the beginning of the period Cash at the end of the period Operating figures (AEGEAN & Olympic Air) Capacity Apr Jun Apr Jun 2017 Ch In % Jan Jun Jan Jun 2017 ASKs (in millions) 4,491 4,532 1% 7,074 7,247 2% Total available seats (000) 4,449 4,305-3% 7,360 7,079-4% Total Block Hours 50,007 48,311-3% 80,050 78,532-2% Total Sectors Flown 31,476 29,315-7% 51,850 48,355-7% Average capacity per flight % % Average sector length (km) % % Passengers (000) By type of service : Schedule passengers 3,109 3,293 6% 5,116 5,389 5% Charter passengers % % By network : Domestic 1,514 1,541 2% 2,569 2,533-1% International 1,704 1,908 12% 2,660 3,022 14% Total number of passengers 3,218 3,449 7% 5,229 5,555 6% RPKs (in millions) 3,251 3,653 12% 5,040 5,731 14% Pax/flight % % Load factor - Scheduled (Pax/AVS) 72.5% 80.7% 8.2pp 71.1% 78.9% 7.8pp Load factor - Scheduled (RPK/ASK) 72.1% 80.8% 8.7pp 71.0% 79.2% 8.2pp Ch In % 5
6 Definitions EBITDA EBITDAR ASKs (in millions) Average capacity per flight Average sector length (km) CASK (EBITDAR level, in cents) CASK (EBITDAR level, in cents) - excl. fuel costs CASK (EBT level, in cents) CASK (EBT level, in cents) - excl. fuel costs Load Factor Pax/flight RASK (Revenue per ASK, in cents) Yield (Revenue per RPK, in cents) RPKs (in millions) Total available seats (000) Total Block Hours Total Sectors Flown Earnings before net interest and financial expenses, income taxes, depreciation and amortization Earnings before net interest and financial expenses, income taxes, depreciation and amortization and rental costs Available Seat Kilometers. Represents the number of seats available multiplied by the number of kilometers those seats were flown. The ratio divides total available seats flown by total sectors flown The ratio divides total available kilometers flown by total sectors flown The ratio divides operating expenses by the total number of ASKs. Total operating expenses exclude rentals and depreciation expenses. The ratio divides operating expenses excluding fuel cost by the total number of ASKs. Total operating expenses exclude rentals and depreciation expenses. The ratio divides total expenses by the total number of ASKs The ratio divides total expenses excluding fuel costs by the total number of ASKs Expressed as both RPK/ASK and Passengers/Available seats for scheduled flights The ratio divides total passengers carried by total sectors flown Revenue per Available Seat Kilometer, where revenue refers to revenue from scheduled, charter flights, ancillaries and other operating income Revenue per Revenue Passenger Kilometer, where revenue refers to revenue from scheduled, charter flights, ancillaries and other operating income Revenue Passenger Kilometers; the number of revenue passengers carried multiplied by the distance flown in kilometers. Represents the number of seats available flown A block hour is the time from the commencement of the movement of an aircraft from its parking position at the departure airport until its complete immobilization at the airport of destination Total number of point-to-point flights Detailed financial statements are available at under the About Aegean / investor relations / Financial results section. 6
PRESS RELEASE Financial Results. Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue
PRESS RELEASE 2016 Financial Results Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue Kifissia, 23 March 2017 AEGEAN reports full year 2016 results with consolidated revenue at 1,020m,
More informationFOURTH QUARTER RESULTS 2017
FOURTH QUARTER RESULTS 2017 KEY RESULTS In the 4Q17 Interjet total revenues added $5,824.8 million pesos that represented an increase of 10.8% over the revenue generated in the 4Q16. In the 4Q17, operating
More informationCorporate Presentation. September 2015
Corporate Presentation September 2015 Agenda 1 Aegean Airlines company overview 2 Update on market environment 3 Financial results and strategy Quality & Award winning airline Weathering through the crisis
More informationTHIRD QUARTER RESULTS 2017
THIRD QUARTER RESULTS 2017 KEY RESULTS In the 3Q17 Interjet total revenues added $5,835.1 million pesos that represented an increase of 22.0% over the revenue generated in the 3Q16. In the 3Q17, operating
More informationFIRST QUARTER RESULTS 2017
FIRST QUARTER RESULTS 2017 KEY RESULTS In the 1Q17 Interjet total revenues added $4,421.5 million pesos that represented an increase of 14.8% over the income generated in the 1Q16. In the 1Q17, operating
More informationCorporate Presentation. December 2015
Corporate Presentation December 2015 Quality & Award winning airline Weathering through the crisis and positioning for strong Full Service Carrier Focus on quality, efficiency, productivity 10.1m passengers
More informationFIRST QUARTER RESULTS 2016
FIRST QUARTER RESULTS 2016 KEY RESULTS In 1Q16 Interjet total revenues added $3,850.8 million pesos that represented an increase of 21.9% over the income generated in the 1Q15. In 1Q16 total passengers
More informationSECOND QUARTER RESULTS 2018
SECOND QUARTER RESULTS 2018 KEY RESULTS In the 2Q18 Interjet total revenues added $ 5,781.9 million pesos that represented an increase of 9.6% over the revenue generated in the 2Q17. In the 2Q18, operating
More informationTHIRD QUARTER RESULTS 2018
THIRD QUARTER RESULTS 2018 KEY RESULTS In the 3Q18 Interjet total revenues added $ 6,244.8 million pesos that represented an increase of 7.0% over the revenue generated in the 3Q17. In the 3Q18, operating
More informationTHIRD QUARTER AND NINE MONTHS OF 2014 KEY RESULTS
THIRD QUARTER AND NINE MONTHS OF 2014 KEY RESULTS In 3Q14 INTERJET total revenues were $ 3,643.4 million, representing an increase of 9.9% on revenues generated in the 3Q13. Accumulated 9M14 INTERJET total
More informationEarnings Report 1 st Quarter 2016 Grupo Viva Aerobus
Earnings Report 1 st Quarter 2016 Grupo Viva Aerobus Grupo Viva Aerobus announces results for the first quarter of 2016 Mexico City, Mexico, April 29, 2016- Grupo Viva Aerobus S.A. de C.V. ( Grupo Viva
More informationQ Fast growth continued, Comparable operating result at record high levels Pekka Vauramo
2018 Fast growth continued, Comparable operating result at record high levels 17.7.2018 Pekka Vauramo 2 A good - Comparable operating result increased to new seasonal high Revenue Comparable operating
More informationCorporate Presentation. March 2017
Corporate Presentation March 2017 March 27, 2017 Quality & Award winning airline Full Service Carrier Focus on quality, efficiency Fleet of 58 Aircraft in 2017 46 Airbus A320 family 12 Turboprops 12.5m
More informationManagement Discussions and Analysis for the three-month period ended 31 March 2014 and Executive Summary
Executive Summary Overview of the global economy during the first quarter of 2015 (Q1/2015) are as following; the US economy has been in recovery mode while rapidly dollar appreciation weighs on net exports
More information--- Disclosure A uirements) A~ulatlons October 24, 2018 IGAUSECT / /1 0
October 24, 2018 IGAUSECT /1 0-1 8/1 0 To National Stock Exchange of India limited Exchange Plaza, C - 1, Block G Sandra Kurla Complex Sandra - (E) Mumbai - 400 051 Symbol: INDIGO To Department of Corporate
More information1Q 2014 Edition. Share Information. Daily Share Price Movements
1Q 2014 Edition 1Q 2013 1Q 2014 Change Financial Summary (USD Mio) OPERATING REVENUES 807 807 0.01% OPERATING EXPENSES 827 1,000 20.86% OTHERS (INCOME) 4 25 460.80% INCOME (LOSS) FROM OPERATIONS -20-193
More informationCopa Holdings Reports Net Income of $49.9 million and EPS of $1.18 for the Second Quarter of 2018
Copa Holdings Reports Net Income of $49.9 million and EPS of $1.18 for the Second Quarter of 2018 Panama City, Panama --- Aug 8, 2018. Copa Holdings, S.A. (NYSE: CPA), today announced financial results
More informationVueling improves its result in 4 points for the first quarter 2009
Vueling improves its result in 4 points for the first quarter 2009 Improvement in costs was the most important factor for the improvement in EBIT margin Synergies in revenue due to the merger offset the
More information2012 Result. Mika Vehviläinen CEO
2012 Result Mika Vehviläinen CEO 1 Agenda Market environment in Q4 Business performance and strategy execution Outlook Financials 2 Market Environment According to IATA, Global air travel continues to
More informationOPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events
Copa Holdings Reports Net Income of $103.8 million and EPS of $2.45 for the Third Quarter of 2017 Excluding special items, adjusted net income came in at $100.8 million, or EPS of $2.38 per share Panama
More informationAnalyst and Investor Conference Call Q Ulrik Svensson, CFO and Member of the Executive Board
Analyst and Investor Conference Call Q2 2017 Ulrik Svensson, CFO and Member of the Executive Board Frankfurt, 2 August 2017 Disclaimer The information herein is based on publicly available information.
More informationGrupo Viva Aerobus announces results for the third quarter of 2016
Earnings Earnings Report Report 3 rd rd Quarter Quarter 2016 2016 Grupo Grupo Viva Viva Aerobus Aerobus Grupo Viva Aerobus announces results for the third quarter of 2016 Mexico City, Mexico, October 27,
More informationQ Finnair s growth continued Pekka Vähähyyppä
2018 Finnair s growth continued 25.10.2018 Pekka Vähähyyppä 1 We continued to develop our services and network New route to Los Angeles in 2019, two daily flights to Hong Kong New digital service for exploring
More informationTiger Airways Holdings Limited FY11 Results
Tiger Airways Holdings Limited FY11 Results May 2011 Financial Year Ended 31 March 2011 Disclaimer The information contained in this presentation (the "Information") is provided by Tiger Airways Holdings
More informationOPERATING AND FINANCIAL HIGHLIGHTS
Copa Holdings Reports Financial Results for the Fourth Quarter of 2018 Excluding special items, adjusted net profit came in at $44.0 million, or Adjusted EPS of $1.04 Panama City, Panama --- February 13,
More informationSAS Group Q Teleconference
SAS Group Q4 2012 Teleconference December 12, 2012 1 Break-even result in 2012 despite 1.6 bn SEK higher fuel cost 23 MSEK EBT (before non-recurring items) despite 1.6 bn SEK higher fuel cost Positive
More informationCopa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018
Copa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018 May 9, 2018 PANAMA CITY, May 9, 2018 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today announced financial
More information1 2 23 24 15 16 7 8 9 Ancillary Revenue target per pax RM55 10 Online 365 11 212 13 14 14 Quarter Ended: 31 March RM'000 Revenue 2,068,227 Operating expenses: - Staff costs (286,663) - Depreciation
More informationFinnair Q Result
17 August 2016 CEO Pekka Vauramo CFO Pekka Vähähyyppä Finnair Q2 2016 Result 1 Highlights of the second quarter The seventh consecutive quarter of profit improvement Fukuoka & Guangzhou route openings
More informationCopa Holdings Reports Record Earnings of US$41.8 Million for 4Q06 and US$134.2 Million for Full Year 2006
Copa Holdings Reports Record Earnings of US$41.8 Million for 4Q06 and US$134.2 Million for Full Year 2006 Panama City, Panama --- March 7, 2007. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa
More informationNORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT SECOND QUARTER 2006 [This document is a translation from the original Norwegian version]
NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT SECOND QUARTER 2006 SECOND QUARTER IN BRIEF had earnings before tax of MNOK 24.8 (20.6) in the second quarter. The operating revenue increased by 44 % this quarter,
More informationAnalysts and Investors conference call. Q results. 15 May 2013
Analysts and Investors conference call Q1 2013 results 15 May 2013 Management summary Key messages of Q1 2013 +6% +9% +3.3%p. Q1 2013 operational KPIs are in line with 109.7 116.2 6.5 7.1 82.3 85.6 expectations,
More informationVueling completes its restructuring plan and turns a 13.4m operating profit in Q2
Vueling completes its restructuring plan and turns a 13.4m operating profit in Highlights Vueling turned a 13.4m operating profit (excluding restructuring costs) during the second quarter in the year,
More informationCorporate Presentation. June 2016
Corporate Presentation June 2016 Quality & Award winning airline Full Service Carrier Focus on quality, efficiency, productivity Young fleet of 61 Aircraft 47 Airbus A320 family 14 Bombardier Star alliance
More information1 st Quarter Results FY
1 st Quarter Results FY 2004-05 05 Q1 Highlights p Context 8Improving economic context 8Strong economic growth in Americas and Asia 8Modest economic recovery in Europe 8Soaring fuel prices 8IPE Brent up
More informationNORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT FIRST QUARTER 2004 [This document is a translation from the original Norwegian version]
NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT 2004 IN BRIEF At the start of 2003, Norwegian has become a pure low-fare airline. The Fokker F-50 operations have been terminated, and during the quarter the
More information1Q13 R sults esentation
1Q13 Results Presentation 14 May 2013 Disclaimer The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there has
More informationAzul Increases Net Income by R$152 Million in 1Q18 Operating margin was a record 12.5% despite the 21% increase in oil year over year
Azul Increases Net Income by R$152 Million in 1Q18 Operating margin was a record 12.5% despite the 21% increase in oil year over year São Paulo, May 10, Azul S.A., Azul, (B3:AZUL4, NYSE:AZUL) the largest
More informationManagement s Discussion and Analysis
Management s Discussion and Analysis For the period ended 30 June 2016 Bangkok Airways Public Company Limited and Its Subsidiaries 1 Bangkok Airways Public Company Limited and its Subsidiaries Management
More information4Q15 and 2015 Results Presentation. March 30, 2016
4Q15 and 2015 Results Presentation March 30, 2016 Highlights Paulo Kakinoff CEO Highlights Macro Environment Even more adverse environment for the Brazilian economy, with a GDP drop of 3.8% in 2015 Devaluation
More informationCopa Holdings Reports Net Income of $57.7 million and EPS of $1.36 for the Third Quarter of 2018
Copa Holdings Reports Net Income of $57.7 million and EPS of $1.36 for the Third Quarter of 2018 November 14, 2018 PANAMA CITY, Nov. 14, 2018 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today announced
More informationCebu Air, Inc. Annual Stockholders Briefing. 24 June cebupacificair.com
Cebu Air, Inc. Annual Stockholders Briefing 24 June 2015 cebupacificair.com Business Updates Passengers (M) Operating Statistics 2014: Passenger traffic grew 17.5% to 16.9M. Seat capacity grew 14.8% to
More informationCebu Air, Inc. 2Q2014 Results of Operation
Cebu Air, Inc. 2Q2014 Results of Operation 1 Disclaimer This information provided in this presentation is provided only for your reference. Such information has not been independently verified and, as
More informationCopa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008
Copa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008 Panama City, Panama --- February 19, 2009. Copa Holdings, S.A. (NYSE: CPA), parent
More information3M 2013 Edition. Share Information : GIAA.IJ / GIAA.JK. Daily Share Price Movements
3M 2013 Edition 3M 2012 3M 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 717 807 12.51% OPERATING EXPENSES 734 827 12.70% INCOME (LOSS) FROM OPERATIONS (17) (20) 20.68% INCOME (LOSS) BEFORE
More informationFinancial Results 1 st Quarter Mar/2016 (FY2015) 30 July, 2015
Financial Results Mar/2016 (FY2015) 30 July, 2015 Today s Topics P.2 P.3 P.15 1 Overview of FY Mar/2016 Financial Results Operating Revenue Operating Profit 320 307.0 +4.9Bn (+1.6%) 312.0 50 +17.6Bn (+94.6%)
More informationAnalyst Meeting 1Q/2015
Analyst Meeting 1Q/2015 DISCLAIMER The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change
More informationVirgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1
Virgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1 Summary of H1 FY18 Group Outcomes 2 Group Underlying Profit Before Tax of $102.5 million up 142.3% Group Statutory Profit After Tax of $4.4
More informationCopa Holdings Reports Earnings of US$30.3 Million and EPS of US$0.70 for 3Q08
Copa Holdings Reports Earnings of US$30.3 Million and EPS of US$0.70 for 3Q08 Panama City, Panama --- November 13, 2008. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa Airlines and Aero Republica,
More informationCopa Holdings Reports Fourth Quarter and Full Year 2007 Results
Copa Holdings Reports Fourth Quarter and Full Year 2007 Results Panama City, Panama --- February 21, 2008. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa Airlines and Aero Republica, today announced
More informationFinnair Q Result
Finnair Q1 2015 Result 7 May 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Turbulent market environment The weakness of the Finnish economy continued to be reflected in the demand in the first
More informationINVESTOR NEWSLETTER. Full Year 2013 Editions. PT Garuda Indonesia (Persero) Tbk. FY 2012 FY 2013 Change. Summary.
INVESTOR NEWSLETTER PT Garuda Indonesia (Persero) Tbk. Full Year 2013 Editions FY 2012 FY 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 3,472 3,716 7.02% OPERATING EXPENSES 3,304 3,660 10.75%
More informationVolaris Reports Strong First Quarter 2015: 32% Adjusted EBITDAR Margin, 9% Operating Margin
Volaris Reports Strong First Quarter 2015: 32% Adjusted EBITDAR Margin, 9% Operating Margin Mexico City, Mexico, April 22, 2015 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving
More informationOPERATING AND FINANCIAL HIGHLIGHTS
Copa Holdings Reports Net Income of US$32.0 Million and EPS of US$0.72 for the Second Quarter of 2012 Excluding special items, adjusted net income came in at $58.6 million, or EPS of $1.32 per share Panama
More informationOPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS
Copa Holdings Reports Financial Results for the Third Quarter of 2016 Excluding special items, adjusted net income came in at $55.3 million, or adjusted EPS of $1.30 per share Panama City, Panama --- November
More informationFinnair Q result. 25 October 2017 CEO Pekka Vauramo
Finnair Q3 2017 result 25 October 2017 CEO Pekka Vauramo 1 All-time best quarter Revenue up by 15% to record level of 735 M Aircraft flew full, passenger load factor was 87% Asian routes and San Francisco
More informationFinnair Q Result
Finnair Q2 2015 Result 14 August 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Market environment shows signs of improvement There were signs of a recovery in the demand for consumer and business
More informationAIR CANADA REPORTS 2010 THIRD QUARTER RESULTS; Operating Income improved $259 million or 381 per cent from previous year s quarter
AIR CANADA REPORTS 2010 THIRD QUARTER RESULTS; Operating Income improved $259 million or 381 per cent from previous year s quarter MONTRÉAL, November 4, 2010 Air Canada today reported operating income
More informationOPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events
Copa Holdings Reports Net Income of US$113.1 Million and EPS of US$2.57 for the First Quarter of 2015 Excluding special items, adjusted net income came in at US$106.0 million, or EPS of US$2.41 per share
More informationAir China Limited Interim Results. August Under IFRS
Air China Limited 21 Interim Results Under IFRS August 21 1 Agenda 21 Interim Results Overview Business Overview Financial Overview Outlook 2 2 2 21 Interim Results 3 21 Interim Results Overview 4 4 4
More informationFinancial Results Q3 FY16
Financial Results Q3 FY16 6 February 2016 Agenda Key performance highlights Jet Airways performance highlights JetLite performance highlights 2 Key highlights Highest ever quarterly and period profit Jet
More informationFinnair 2015 kolmannen vuosineljänneksen tulos
Finnair 215 kolmannen vuosineljänneksen tulos Q3 Result 215 3 October 215 3.1.215 Toimitusjohtaja Pekka Vauramo Talousjohtaja Pekka Vähähyyppä 1 Highlights of the quarter Excellent Q3 result: Record result
More informationOPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events
Copa Holdings Reports Financial Results for the First Quarter of 2016 Excluding special items, adjusted net income came in at US$69.9 million, or EPS of US$1.66 per share Panama City, Panama --- May 5,
More informationThird Quarter 2014 Results. 29 October 2014
Third Quarter 2014 Results 29 October 2014 Highlights of the Third Quarter Operating environment Air France-KLM Economic environment remains weak Further currency volatility affecting revenues and results
More informationEarnings Report 4 th Quarter 2016 Grupo Viva Aerobus
Earnings Report 4 th Quarter 2016 Grupo Viva Aerobus Grupo Viva Aerobus announces results for the fourth quarter of 2016 Mexico City, Mexico, February 20, 2016- Grupo Viva Aerobus S.A. de C.V. ( Grupo
More informationNet Debt, $m 1, ,733.7
Virgin Australia Holdings Limited (ASX: VAH) FY17 Results: Stronger Cash and Balance Sheet, Statutory and Underlying Loss, Outlook Improving 1 Summary of FY17 Financial Outcomes Group Underlying Loss Before
More informationFinnair Group Interim Report 1 January 30 September 2008
Finnair Group Interim Report 1 January 30 September 2008 1 31/10/2008 Presentation name / Author Airline industry at a historical turning point Expensive fuel price in the beginning of 2008 has dramatical
More information1.3% millionn euros. Net debt of 5.4 improvement. euros to. Financial Year. the Air. operating. equipped. ness and. also focus on.
25 th July 2014 Financial Year 2014: First Half results SECOND QUARTER Revenues of 6.45 billion euros, upp 1.7% like-for-like; passenger unit revenue up 1.3% at constant currency thanks to strict capacity
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2018(FY2017) July 31, 2017 Today s Topics P.1 P.2 P.3 P.4 P.6 P.15 Overview of Financial Results for (FY2017) 1 st quarter resulted in an increase in both
More information2017 A year of strong growth Finnair Q4 and FY 2017 result
2017 A year of strong growth Finnair Q4 and FY 2017 result 16.2.2018 Pekka Vauramo 1 A record Q4 concluded a strong year 2017 Comparable operating result at record level, 22.9 million euro (Q4 2016: 1.6)
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q4 FY08
JET AIRWAYS (I) LTD Presentation on Financial Results Q4 FY08 June 24, 2008 1 1 1 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Consolidated Jet
More information26 October 2017 Icelandair Group Interim Report NET PROFIT USD 101 MILLION IN THIRD QUARTER
NET PROFIT USD 101 MILLION IN THIRD QUARTER Total income in Q3 up by 10% between years, to USD 536.0 million Passenger revenue higher than expected EBITDA unchanged year on year, at USD 161.1 million Passenger
More informationSAS Q3 2017/ August 2018
SAS Q3 2017/2018 31 August 2018 Strong earnings in peak season POSITIVES Record number of passengers Total revenue up MSEK 936 vs. LY Currency adjusted yield up 1.1% vs. LY EB point sale up 27% vs. LY
More informationOPERATING AND FINANCIAL HIGHLIGHTS
Copa Holdings Reports Financial Results for the Fourth Quarter of 2015 Excluding special items, adjusted net income came in at $31.7 million, or EPS of $0.73 per share Panama City, Panama --- February
More informationManagement Presentation. March 2016
Management Presentation March 2016 Forward looking statements This presentation as well as oral statements made by officers or directors of Allegiant Travel Company, its advisors and affiliates (collectively
More informationKey Highlights Q2/2018 Business result. July 2018
Key Highlights Q2/2018 Business result July 2018 Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY
More informationSAS Group Presentation Carnegie, May 22, 2012 Sture Stölen, Head of IR
SAS Group Presentation Carnegie, May 22, 2012 Sture Stölen, Head of IR 1 This is the SAS Group 128 destinations 27,2 million passengers 28 new routes to be launched 2012 1,085 daily flights Revenues 2011,
More informationFinancial Results 3 rd Quarter MAR/2016 (FY2015)
Financial Results MAR/2016 (FY2015) January 29 th, 2016 CONTENTS P.1 P.2 P.3 P.4~ Overview of FY MAR/16 Results Operating Revenue Operating Profit 1,030 1,020 1,010 +1.0Bn 1,022.3 1,023.4 (+0.1%) 180 160
More informationAEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS
AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS Moscow, 1 March 2018 Aeroflot Group ( the Group, Moscow Exchange ticker: AFLT) today publishes its audited financial statements in accordance with International
More informationAir China Limited Annual Results. March Under IFRS
Air China Limited 21 Annual Results Under IFRS March 211 Agenda Part 1 Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook 2 Part 1 Highlights Steady Economic Growth; Asia Pacific
More informationCebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations. cebupacificair.com
Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations cebupacificair.com Disclaimer The information provided in this presentation is provided only for your reference. Such information has
More informationANALYST MEETING 3Q2015
ANALYST MEETING 3Q2015 November 12, 2015 DISCLAIMER The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there
More informationOPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS
Copa Holdings Reports Net Income of US$6.2 Million and EPS of US$0.14 for the Third Quarter of 2015 Excluding special items, adjusted net income came in at $37.4 million, or EPS of $0.85 per share Panama
More informationManagement s Discussion and Analysis
Management s Discussion and Analysis For the period ended 31 December 2015 Bangkok Airways Public Company Limited and Its Subsidiaries 1 Bangkok Airways Public Company Limited and its Subsidiaries Management
More informationIn 2Q18, Brazil s #1 airline achieves a 2% EBIT margin and grows net revenues by 9%
In 2Q18, Brazil s #1 airline achieves a 2% EBIT margin and grows net revenues by 9% Operating Income for the second quarter doubled, reaching R$43 million São Paulo, August 2, 2018 - ( GOL or Company ),
More informationQ1 2018/
Q1 2018/2019 27.02.2019 Highlights Q1/19 CHANGE VS. Q1-18 Financial drivers Total revenue up 6% with broadly unchanged capacity Slight increase in passengers and load factor HIGHLIGHTS Q1/19 Improved unit
More informationFirst Quarter Results August 31 st, 2006
First Quarter Results 2006-07 August 31 st, 2006 Key features of the First Quarter Market context Sustained global economic growth, and a recovery in Europe Average jet fuel price of 691 $/t, up 25% year-on-year
More informationFIRST QUARTER 2017 RESULTS. 4 May 2017
FIRST QUARTER 2017 RESULTS 4 May 2017 A resilient start of the year, traffic up 4.2% 20.9 million passengers carried, up 5.2%, traffic (RPK) up 4.2%, capacity (ASK) up 3.3% and load factor up 0.7pts Confirmation
More informationANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015
ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015 1 Agenda Hal 1. Company Profile 3 8 2. Operational Performance 9 13 3. Financial Performance 14 20
More informationFourth Quarter and Full Year 2009 Results Presentation January 27, 2010
Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationSummary of Results for the First Quarter of FY2015/3
Summary of for the First Quarter of FY2015/3 August 8, 2014 Tokyu Corporation (9005) http://www.tokyu.co.jp/ Contents Ⅰ.Executive Summary 2 Ⅱ.Conditions in Each Business 4 Ⅲ.Details of Financial for the
More informationFinnair Group Interim Report 1 January 30 June 2008
Finnair Group Interim Report 1 January 30 June 2008 1 08/08/2008 Presentation name / Author Airline industry at a historical turning point Fuel price has a stranglehold on the business Average ticket prices
More informationSummary of Results for the First Three Quarters FY2015/3
Summary of Results for the First Three Quarters FY2015/3 February 10, 2015 Tokyu Corporation (9005) http://www.tokyu.co.jp/ Contents Ⅰ.Executive Summary 2 Ⅱ.Conditions in Each Business 5 Ⅲ.Details of Financial
More informationCorporate Presentation
Jakarta, 2 November 2018 Corporate Presentation Q3/2018 - Corporate Performance Shares Information 6,800 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 206 5,976.553 450 6,600 6,400 400 6,200
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2017(FY2016) July 29, 2016
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2017(FY2016) July 29, 2016 Today s Topics P.1 P.2 P.13 From the first quarter of this fiscal year, figures for Revenue Passengers Carried, ASK, RPK and Load
More informationFinnair Group Annual Report 1 January 31 December 2006
Finnair Group Annual Report 1 January 31 December 2006 2006: A year for restructuring Scheduled Passenger Traffic transforming to meet Asian traffic demands Labour negotiations to cut 670 jobs 80 million
More informationRef. PE004/ May Subject: Management Discussion and Analysis for the First Quarter of 2018
Ref. PE004/2561 10 May 2018 Subject: Management Discussion and Analysis for the First Quarter of 2018 Attention: President The Stock Exchange of Thailand According to the financial reports of Nok Airlines
More informationEarnings Release Second Quarter 2006
GOL Reports Net Revenues of R$844mm and EPS of R$0.54 for 2Q06 Brazil s Low-cost, Low-fare Airline Reports Quarterly Net Income of R$107mm 56% increase in Earnings per ADS São Paulo, July 20, 2006 GOL
More informationResults 2Q17. August 9, 2017
Results 2Q17 August 9, 2017 2Q17 Highlights Indicators 2Q17 Var. x 2Q16 ASK (BN) 10.4-3.0% Traffic (000) 7,261-1.3% RPK (BN) 8.1 +0.5% Load Factor 77.9% +2.7 p.p. Yield (R$ cents) 23.2 +4.8% Pax Revenue
More informationVietJet Aviation Joint Stock Company Key Highlights Q1/2017 Business result. Apr 2017
VietJet Aviation Joint Stock Company Key Highlights Q1/2017 Business result Apr 2017 Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT
More information