EXPANDING OUR REACH. BAML Global Transportation Conference. May 18, 2012
|
|
- Dustin Carson
- 5 years ago
- Views:
Transcription
1 EXPANDING OUR REACH BAML Global Transportation Conference May 18, 2012
2 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question and answer session, may contain forward-looking information, as defined under applicable Canadian securities legislation. Our actual results, performance or achievements could differ materially from those expressed in, or implied by, this forward-looking information. We can give no assurance that any of the events anticipated will transpire or occur or, if any of them do, what benefits or costs we will derive from them. By its nature, forward-looking information is subject to numerous risks and uncertainties including, but not limited to, the impact of general economic conditions, changing domestic and international airline industry conditions, volatility of fuel prices, terrorism, pandemics, currency fluctuations, interest rates, competition from other airline industry participants (including new entrants, capacity fluctuations and the pricing environment), labour matters, government regulations, stock market volatility, the ability to access sufficient capital from internal and external sources, and additional risk factors discussed in other documents we file from time to time with securities regulatory authorities, which are available on SEDAR at sedar.com or, upon request, without charge from us. Our assumptions and estimates relating to the forward-looking information referred to above are updated quarterly and, except as required by law, we do not undertake to update any other forwardlooking information. May
3 WESTJET S TRACK RECORD OF PROFITABILITY SINCE INCEPTION Net Earnings (millions of dollars) '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 Note: figures reported in Canadian GAAP up to 2009 with restatements is restated under IFRS 3
4 WESTJET S GOAL TO GENERATE 12% ROIC Return on Invested Capital* 14% 13% 12% 11% Goal 10% 9% 8% 7% 6% 5% Q Note: calculated under IFRS; 2009 & prior are calculated under Canadian GAAP * Based on trailing 12 month basis 4
5 5
6 6
7 GROWTH AND STRONG FINANCIAL PERFORMANCE CONTINUES
8 WESTJET A GROWTH STORY Revenue (millions of dollars) Available Seat Miles (millions) 3,500 25,000 3,000 20,000 2,500 2,000 15,000 1,500 10,000 1, ,000 0 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 0 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 8
9 PRICING POWER RETURNS 100% 20 Load Factor % 90% 80% 70% 60% Yield (cents) 50% Q Q Q Q Q Q Q Q Q Q Q Q Q Q Load Factor % Yield (cents) 9 Yield for 2008 & 2009 based on CGAAP, while 2010 & 2011 based on IFRS. Difference between CGAAP and IFRS not expected to be material as difference in 2010 is only cents.
10 COSTS REMAIN UNDER CONTROL cents per ASM Q CASM (ex fuel and profit share) Profit Share Fuel Op. Margin reported on IFRS basis; reported under Canadian GAAP excludes reservation system impairment of $31.9 million.
11 MEASURED GROWTH WITH FLEXIBLE FLEET PLAN Cumulative Lease Extension Options 11
12 OPERATING HIGHLIGHTS Q Record First Quarter Net Earnings - up 42% Q Q Change Net earnings (millions) $68.3 $ % Diluted earnings per share $0.49 $ % Total revenues (millions) $891.0 $ % RASM (revenue per available seat mile) (cents) % Fuel costs per litre (dollars) $0.95 $ % CASM, excluding fuel and employee profit share (cents) % 12
13 ANCILLARY REVENUE GROWTH 9 8 Ancillary revenue per guest $ Q Q Q Q Q Q Q Q Q
14 Q ADJUSTED EBT MARGIN WESTJET RANKS 3rd BEHIND LEADING NORTH AMERICAN PEERS 20% 15% 14.5 % 12.7 % 10.9 % 10% 5% 4.5 % 4.0 % 0% (0.4)% (0.7)% (0.7)% -5% -10% (3.3)% (5.7)% Allegiant Spirit WestJet Alaska JetBlue Delta US Airways Southwest United Air Canada 14 Q adjusted EBT Margin per reported results (adjusted for special items and non-op mark-to-market hedge gains/losses)
15 BUILDING ON OUR CAPABILITIES
16 AIRLINE PARTNERSHIPS EXPANDING OUR NETWORK Strategically selecting carriers in each major world region Seamless access to more destinations International travel options for the business traveller Innovative approach to code-share Selective approach keeps costs in line 16
17 ENHANCED EASTERN TRIANGLE SCHEDULE IMPROVED VALUE FOR BUSINESS TRAVELERS Expanded schedule Toronto to Montreal Montreal to Toronto Toronto to Ottawa Ottawa to Toronto Depart Arrive Depart Arrive Depart Arrive Depart Arrive
18 INTRODUCTION OF SERVICE TO LAGUARDIA BUILDS ON THE EASTERN TRIANGLE STRATEGY Weekday Toronto to LaGuardia Weekday LaGuardia to Toronto 7:00 6:55 9:30 7:55 12:30 9:30 14:30 12:00 16:00 14:55 17:30 16:45 19:30 18:30 20:30 19:50 Through our partnership with Delta, WestJet is able to operate with optimal slot times 18
19 THE REGIONAL OPPORTUNITY
20 MARKET OPPORTUNITIES REGIONAL (50+ seats) = $2.1B DOMESTIC + TRANSBORDER 20 Source: Internal estimates using public capacity and traffic information
21 SIGNIFICANT DOMESTIC OPPORTUNITY AC AND PARTNERS SERVE DOUBLE THE CANADIAN DESTINATIONS vs WESTJET Calgary Deer Lake Edmonton Ft. McMurray Gander Halifax Kelowna Montreal Ottawa Winnipeg Regina Saskatoon St. Johns Toronto Vancouver Victoria Whitehorse Baie Comeau Bathurst Calgary Castlegar Charlottetown Cranbrook Deer Lake Edmonton Fredericton Ft. McMurray Ft. St. John Gander Gaspe Goose Bay Grande Prairie Halifax Iles De La Madeleine Kamloops Kelowna Kingston Lethbridge London Medicine Hat Moncton Mont Joli Montreal Nanaimo North Bay Ottawa Penticton Prince George Prince Rupert Quebec Regina Rouyn-Noranda Saguenay Sandspit Sarnia Saskatoon Sault Ste. Marie Sept-Iles Smithers St. John St. Johns Sudbury Sydney Terrace Thunder Bay Timmins Toronto Toronto-City Val D'Or Vancouver Victoria Wabush Whitehorse Windsor Winnipeg Yellowknife Abbotsford Calgary Charlottetown Comox Deer Lake Edmonton Ft. McMurray Grande Prairie Halifax Hamilton Kamloops Kelowna Kitchener London Moncton Montreal Ottawa Prince George Quebec Regina Saskatoon St. Johns Sydney Thunder Bay Toronto Vancouver Victoria Windsor Winnipeg Yellowknife 21
22 WESTJET S REGIONAL AIRLINE AT MATURITY Organizational structure: wholly owned subsidiary Fleet size: up to 45 x 78-seat Q400 turboprop aircraft Network and schedule National operation (Eastern and Western) Domestic and transborder operations Type of flying New destinations Join the dots Schedule improvements Description Flights to/from new destinations not currently served by the WestJet network Flights between existing destinations not currently flown by WestJet Flights on some existing short-haul routes that benefit from increased frequency and higher load factors; B737 flying will be redeployed to maximize the network 22
23 CRITICAL SUCCESS FACTORS REMAIN THE SAME FOR A REGIONAL AIRLINE Guest experience and low cost Guest experience and culture Consistent WestJet guest experience Consistent WestJet values Maintain caring culture Engaged workforce Low cost Obtain meaningful and sustainable cost advantage vs. regional competitors Low fares to stimulate demand and steal traffic Expand low-fare high-value proposition to new markets 23
24 WE HAVE THE FINANCIAL STRENGTH TO PUT OUR STRATEGY INTO ACTION
25 CAPITAL STRUCTURE - EXCESS CASH HAS BEEN USED TO LOWER LONG TERM DEBT & BUY BACK STOCK $ millions Q Cash Adj. net Debt/EBITDAR Adj. Debt/Equity times At March 31, 2012: - Cash of C$1,401 million - Cash to TTM of revenues ratio of 44% - Adjusted net debt to EBITDAR of 1.13x Initiated a quarterly dividend in November Increased to $0.06 from $0.05 in February 2012 Normal Course Issuer Bid - Completed prior NCIB on August 9, 2011 for $106 million or $14.59 per share - TSX approved 6,914,330 share bid or ~ 5%, announced on February 8, Repurchased 1,351,930 shares in Q for $18.8 million or $13.92 per share *2010 and 2011 presented under IFRS. Note: All figures are full-year figures based on trailing twelve months. Debt ratios include aircraft operating leases. 25
26 RELATIVE LIQUIDITY & LEVERAGE RATIOS March 31, % 44% Liquidity Cash / LTM Revenue 40% 30% 20% 10% 0% WestJet Allegiant JetBlue Alaska Southwest United Air Canada US Airways Delta 6 Leverage Adj. Net Debt / EBITDAR N/A Allegiant WestJet Southwest Alaska Delta United Air Canada JetBlue US Airways
27 GUIDANCE * Q2/12 FY 2012 RASM Slightly moderated pace as compared to Q growth CASM (ex fuel & profit share) Up % Up % Fuel cost per litre $ $0.97 (based on $135USD jet/barrel and 1.00 FX) Tax Rate 28% - 30% Capital Expenditures $75 - $80M $165 - $175M System capacity Up % Up ~ 4.0% Domestic capacity Down % Up % * Guidance excludes any possible impacts from the launch of a low cost regional airline 27
28 SUMMARY - WHY INVEST IN WESTJET Earnings margins are consistently among the top tier in the industry Proven track record of profitable growth Well-positioned, low-cost and efficient carrier Award winning culture and highly engaged workforce Strong brand in the market place and expanding airline partnerships Attractive combination of planned growth and a strong balance sheet 28
29 For further information: Hugh Harley Director, Investor Relations P: (403) E: W:
EXPANDING OUR REACH DAHLMAN ROSE & CO, GLOBAL TRANSPORTATION CONFERENCE
EXPANDING OUR REACH DAHLMAN ROSE & CO, GLOBAL TRANSPORTATION CONFERENCE September 5, 2012 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation,
More informationBUILDING MOMENTUM. J.P. Morgan Aviation, Transportation & Defense Conference. March 4, 2013
BUILDING MOMENTUM J.P. Morgan Aviation, Transportation & Defense Conference March 4, 2013 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation,
More informationCAUTION REGARDING FORWARD-LOOKING INFORMATION
May 16, 2013 CAUTION REGARDING FORWARD-LOOKING INFORMATION Certain statements set forth in this presentation and statements made during this presentation, including, without limitation, information respecting
More informationScotiabank Transportation & Aerospace Conference. November 19, 2013
Scotiabank Transportation & Aerospace Conference November 19, 2013 CAUTION REGARDING FORWARD-LOOKING INFORMATION Certain statements set forth in this presentation and statements made during this presentation,
More informationSTAYING TRUE. Scotia Capital Transportation & Aerospace Conference. November 15, 2011
STAYING TRUE Scotia Capital Transportation & Aerospace Conference November 15, 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including
More informationSTAYING TRUE. BofAML Global Transportation Conference. May
STAYING TRUE BofAML Global Transportation Conference May 19 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question
More informationAnnual General Meeting May 8, 2008
Annual General Meeting May 8, 2008 Disclaimer CAUTION REGARDING FORWARD-LOOKING INFORMATION Certain statements in this presentation may contain statements which are forward-looking statements. These forward-looking
More informationBank of America Merrill Lynch Global Transportation Conference. June 16, 2010
Bank of America Merrill Lynch Global Transportation Conference June 16, 2010 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any
More information2010 ANNUAL GENERAL MEETING. May 4, 2010
2010 ANNUAL GENERAL MEETING May 4, 2010 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question and answer session, may contain
More informationCorporate Presentation National Bank Transportation and Logistics Conference March 24, 2010
Corporate Presentation National Bank Transportation and Logistics Conference March 24, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation,
More informationCorporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010
Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation, including
More informationFORWARD-LOOKING STATEMENT
CIBC 9th Annual Eastern Institutional Investor Conference September 23, 21 FORWARDLOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any
More informationWestJet Investor Day
WestJet Investor Day December 6, 2012 8:00 8:30 a.m. Registration and continental breakfast 8:30 8:40 a.m. Hugh Harley Director, Investor Relations 8:40 9:05 a.m. Gregg Saretsky President and CEO 9:05
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 informationManagement Presentation. November 2018
Management Presentation November 2018 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 informationINVESTOR PRESENTATION. Imperial Capital Global Opportunities Conference September 2015
INVESTOR PRESENTATION Imperial Capital Global Opportunities Conference September 2015 Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private
More informationJazz Air Income Fund presented by Joseph Randell President and Chief Executive Officer
Jazz Air Income Fund presented by Joseph Randell President and Chief Executive Officer 19 th Annual Canadian Airline Investment Conference June 6, 2006 InterContinental Toronto Centre, Toronto Check against
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 informationScotia Capital Transportation & Aerospace Conference. June 5, 2007
Scotia Capital Transportation & Aerospace Conference June 5, 2007 1 2 Changing the Game Changing the Game Canada s #1 domestic, trans-border and international airline Strong brand recognition Innovative
More informationINVESTOR PRESENTATION. May 2015
INVESTOR PRESENTATION May 2015 Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the
More informationJoshua Koshy, Executive Vice President & CFO. Changing the Game
Joshua Koshy, Executive Vice President & CFO Changing the Game Changing the Game Canada s #1 domestic, trans-border and international airline Strong brand recognition Innovative revenue model driving customer
More informationWestJet announces 18th consecutive quarter of profitability Airline reports third quarter net earnings of $31.4 million
FOR IMMEDIATE RELEASE WestJet announces 18th consecutive quarter of profitability Airline reports third quarter net earnings of $31.4 million CALGARY, ALBERTA. November 4, 2009. WestJet (TSX:WJA) today
More informationManagement Presentation. September 2015
Management Presentation September 2015 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 informationJumpstart 2017 Lukas Johnson SVP, Commercial. June 2017
Jumpstart 2017 Lukas Johnson SVP, Commercial June 2017 Forward looking statements This presentation as well as oral statements made by officers or directors of Allegiant Travel Company, its advisors and
More informationManagement Presentation. May 2013
Management Presentation May 2013 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 informationAdjusted net income of $115 million versus an adjusted net loss of $7 million in the second quarter of 2012, an improvement of $122 million
Air Canada Reports Record Second Quarter 2013 Results Highest Adjusted Net Income, Operating Income and EBITDAR Results for Second Quarter in Air Canada s History Adjusted net income of $115 million versus
More informationManagement Presentation. November 2013
Management Presentation November 2013 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 informationAIR CANADA REPORTS FULL YEAR AND FOURTH QUARTER 2010 RESULTS
AIR CANADA REPORTS FULL YEAR AND FOURTH QUARTER 2010 RESULTS Record annual EBITDAR of $1.386 billion, 104 per cent improvement Operating income improvement of $677 million Employees to receive special
More informationSpirit Overview & 2016 Priorities
March 2016 Disclaimer Statements in this release and certain oral statements made from time to time by representatives of the Company contain various forward-looking statements within the meaning of Section
More informationManagement Presentation. September 2011
Management Presentation September 2011 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 information1Q 2017 Earnings Call. April 18, 2017
1Q 2017 Earnings Call April 18, 2017 Safe Harbor Statement Certain statements included in this presentation are forward-looking and thus reflect our current expectations and beliefs with respect to certain
More informationMontie Brewer, President and CEO Joshua Koshy, Executive VP and CFO UBS Transport Conference
Montie Brewer, President and CEO Joshua Koshy, Executive VP and CFO UBS Transport Conference 1 London, England September 17, 2007 Agenda Strongly positioned international airline Investment proposition
More informationAIR CANADA REPORTS FIRST QUARTER RESULTS
AIR CANADA REPORTS FIRST QUARTER RESULTS As a result of the deconsolidation of Jazz effective May 24, 2007, Air Canada s consolidated results for the first quarter of 2008 are not directly comparable to
More informationManagement Presentation. November 2011
Management Presentation November 2011 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 informationJ.P. Morgan Aviation, Transportation and Industrials Conference
J.P. Morgan Aviation, Transportation and Industrials Conference March 3, 08 Scott Kirby President Safe Harbor Statement Certain statements included in this presentation are forward-looking and thus reflect
More informationAIR CANADA REPORTS THIRD QUARTER RESULTS
AIR CANADA REPORTS THIRD QUARTER RESULTS THIRD QUARTER OVERVIEW Operating income of $112 million compared to operating income of $351 million in the third quarter of 2007. Fuel expense increased 49 per
More informationAir Canada Reports Third Quarter 2015 Results
Air Canada Reports Third Quarter 2015 Results EBITDAR margin expands by 7.0 percentage points to 26.7 per cent Operating income of $815 million, an improvement of $289 million or approximately 55 per cent
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 informationCREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014
CREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014 1 1 SAFE HARBOR This presentation contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning
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 informationFinancial Review. Changing the Game
Financial Review Changing the Game 1 $7,238 +8.1% Revenue (1) $ Millions $7,824 $10,095 30-Sep-05 30-Sep-06 12 Months Ended Sept. 9 months ended 30, 2006 2 8.1% revenue growth achieved with only 3.8% ASM
More informationInvestor Update April 23, 2009
JetBlue Airways Investor Relations (718) 709-2202 ir@jetblue.com Investor Update April 23, 2009 This investor update provides our investor guidance for the second quarter ending June 30, 2009 and full
More informationAir Canada Reports 2016 Annual Results
Air Canada Reports 2016 Annual Results Record annual EBITDAR (1) (excluding special items) of $2.768 billion Annual operating income of $1.345 billion Net income of $876 million and Adjusted net income
More informationAIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy
AIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy MONTRÉAL, May 6, 2010 Air Canada today reported a reduced operating loss of
More informationTransportation and Aerospace Conference 2014
presents at Transportation and Aerospace Conference 2014 Toronto November 13, 2014 CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada s public communications may include forward-looking statements
More informationManagement Presentation. August 2012
Management Presentation August 2012 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 information10TH ANNUAL WOLFE RESEARCH GLOBAL TRANSPORTATION CONFERENCE MAY 23, 2017
1 10TH ANNUAL WOLFE RESEARCH GLOBAL TRANSPORTATION CONFERENCE MAY 23, 2017 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationJ.P. Morgan Global High Yield & Leveraged Finance Conference Miami, FL
J.P. Morgan Global High Yield & Leveraged Finance Conference Miami, FL February 28, 2011 Caution Regarding Forward-looking Information Air Canada s public communications may include forward-looking statements
More informationSkyWest, Inc. Announces First Quarter 2018 Profit
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces First Quarter 2018
More informationTransportation and Logistics Conference. Toronto March 18, 2008
Transportation and Logistics Conference Toronto March 18, 2008 1 Our Investment Proposition Innovative revenue strategy that produces results Major cost reductions Strong financial performance Aggressive
More informationAIR CANADA REPORTS SECOND QUARTER RESULTS
AIR CANADA REPORTS SECOND QUARTER RESULTS SECOND QUARTER OVERVIEW Passenger revenue increased 5 per cent to $2.5 billion, due to growth in traffic and yield. Excluding fuel expense, unit cost declined
More informationJazz Air Income Fund presented by Joseph Randell, President and Chief Executive Officer National Bank Financial Transportation & Logistics Conference
Jazz Air Income Fund presented by Joseph Randell, President and Chief Executive Officer National Bank Financial Transportation & Logistics Conference March 2008 Forward Looking Statement CAUTION REGARDING
More informationAir Canada reported an operating income of $63 million in the second quarter of 2012, a decline of $10 million from the second quarter of 2011.
Air Canada Reports Second Quarter 2012 Results Second Quarter 2012 EBITDAR of $314 million Cash and short-term investments of $2.383 billion at June 30, 2012 MONTRÉAL, August 8, 2012 Air Canada recorded
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 informationSupport to Air Force Transformation (Search and Rescue)
Support to Air Force Transformation (Search and Rescue) Sean Bourdon Directorate of Air Staff Operational Research ORD Technical Report TR 2005/15 April 2005 Defence R&D Canada Operational Research Division
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 informationGlobal Transportation Conference. New York June 18, 2008
Global Transportation Conference New York June 18, 2008 1 It s Different Up Here Diversified network New revenue model Canada a growth market New efficient fleet New onboard product Well hedged fuel Strong
More informationCanada s Airport Occupations: the important unseen workforce David Berrington 3 November 2010
strategic transportation & tourism solutions Canada s Airport Occupations: the important unseen workforce David Berrington 3 November 2010 Outline Key findings of the recently completed comprehensive analysis
More information2014 RBC CAPITAL MARKETS' CANADIAN AIRLINE AND AEROSPACE INVESTOR DAY
at 2014 RBC CAPITAL MARKETS' CANADIAN AIRLINE AND AEROSPACE INVESTOR DAY Presentation by Michael Rousseau Executive Vice President & Chief Financial Officer Toronto October 9, 2014 CAUTION REGARDING FORWARD-LOOKING
More informationCowen Securities 6 th Annual Global Transportation Conference June 11, 2013
Cowen Securities 6 th Annual Global Transportation Conference June 11, 2013 This presentation and the discussion today will include forward-looking statements regarding the performance of Alaska Air Group
More informationSecond Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition
Second Quarter 2017 Management s Discussion and Analysis of Results of Operations and Financial Condition August 1, 2017 TABLE OF CONTENTS 1. Highlights... 3 2. Introduction and Key Assumptions... 5 3.
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 informationIAG results presentation. Quarter One th May 2018
IAG results presentation Quarter One 2018 4 th May 2018 Highlights Willie Walsh, Chief Executive Officer Highlights Another strong quarter performance with an operating profit of 280m (5.6% margin, +2.3pts)
More informationMIRAMAR, Fla., April 29, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported first quarter 2015 financial results.
April 29, 2015 Spirit Airlines Announces First Quarter 2015 Results; Adjusted Net Income Increases 87.1 Percent to $70.7 Million and Pre-Tax Margin Increases 900 Basis Points to 22.7 Percent MIRAMAR, Fla.,
More informationSecond Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition
Second Quarter 2018 Management s Discussion and Analysis of Results of Operations and Financial Condition July 27, 2018 TABLE OF CONTENTS 1. Highlights... 1 2. Introduction and Key Assumptions... 3 3.
More information1Q 2017 EARNINGS PRESENTATION APRIL 25, 2017
1 1Q 2017 EARNINGS PRESENTATION APRIL 25, 2017 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A
More informationAir Canada. Transportation & Aerospace Conference presents at the. Toronto November 20, 2012
Air Canada presents at the Transportation & Aerospace Conference 2012 Toronto November 20, 2012 1 2 Caution Regarding Forward-looking Information Air Canada s public communications may include forward-looking
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 informationJP Morgan Aviation, Transportation and Industrials Conference MARCH 15, 2017
JP Morgan Aviation, Transportation and Industrials Conference MARCH 15, 2017 1 1 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation
More informationCopa Holdings Reports Net Income of US$113.9 Million for the Fourth Quarter of 2013
Copa Holdings Reports Net Income of US$113.9 Million for the Fourth Quarter of 2013 Panama City, Panama --- February 12, 2014. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the
More informationE190 REPLACEMENT & FLEET UPDATE JULY 11, 2018
1 E190 REPLACEMENT & FLEET UPDATE JULY 11, 2018 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A
More informationAir Canada Reports Second Quarter 2018 Results
\ Air Canada Reports Second Quarter 2018 Results Second quarter EBITDAR of $646 million and operating income of $226 million Record second quarter operating revenues of $4.333 billion Record unrestricted
More informationMichael Rousseau Executive Vice President & Chief Financial Officer
at Presentation by Michael Rousseau Executive Vice President & Chief Financial Officer Montreal September 18, 2014 CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada s public communications may
More informationInvestor Update July 22, 2008
JetBlue Airways Investor Relations Lisa Studness (718) 709-2202 ir@jetblue.com Investor Update July 22, 2008 This investor update provides our investor guidance for the third quarter ending September 30,
More informationAir Canada Reports Record Full Year 2013 Results
Air Canada Reports Record Full Year 2013 Results Adjusted net income of $340 million, an increase of $285 million from 2012 Annual EBITDAR of $1.433 billion (excluding the impact of benefit plan amendments),
More informationCONTACT: Investor Relations Corporate Communications
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2017
More informationInvestor Update October 23, 2008
JetBlue Airways Investor Relations (718) 709-2202 ir@jetblue.com Investor Update October 23, 2008 This investor update provides our investor guidance for the fourth quarter ending December 31, 2008 and
More informationCONTACT: Investor Relations Corporate Communications
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Fourth Quarter 2017
More informationAmerican Airlines Group Inc.
American Airlines Group Inc. Bank of America Merrill Lynch 2018 Transportation Conference Derek Kerr Chief Financial Officer Cautionary Statement Regarding Forward-Looking Statements and Information This
More informationResults 2Q17. August 9, 2017
Results 2Q17 August 9, 2017 2Q17 Highlights Indicators 2Q17 Var. x 2Q16 ASK (BN) 10.4-3.0% Traffic (000) 7,261-1.3% RPK (BN) 8.1 +0.5% Load Factor 77.9% +2.7 p.p. Yield (R$ cents) 23.2 +4.8% Pax Revenue
More informationSpirit Airlines Maxim Group Growth Conference March 26, 2012
Spirit Airlines Maxim Group Growth Conference March 26, 2012 Disclaimer This presentation includes forward-looking statements. We have based these forward-looking statements largely on our current expectations
More informationManagement Presentation. May 2012
Management Presentation May 2012 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 informationTransportation & Aerospace Conference
Presents at Transportation & Aerospace Conference Toronto November 15, 2011 2 Caution Regarding Forward-looking Information Air Canada s public communications may include forward-looking statements within
More information2Q 2017 Earnings Call. July 19, 2017
2Q 2017 Earnings Call July 19, 2017 Safe Harbor Statement Certain statements included in this presentation are forward-looking and thus reflect our current expectations and beliefs with respect to certain
More informationCONTACT: Investor Relations Corporate Communications
NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2016
More informationInvestor Update April 22, 2008
JetBlue Airways Investor Relations Lisa Studness (718) 709-2202 ir@jetblue.com Investor Update April 22, 2008 This investor update provides our investor guidance for the second quarter ending June 30,
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 information2012 Performance. ,ċ ĂĊ. %* * % (ƫ +/%0%+*ƫ,ċƫăă. Our profits (excluding special items) of $417 million grew 26 percent as compared to 2011.
212 Southwest Airlines One Report // Performance // 212 Performance Our Business Select offering contributed $93 million in Passenger revenues in 212. 212 Performance!2!*1!/ƫ,ċƫăĀ Our profits (excluding
More informationINSTITUTIONAL INVESTOR CONFERENCE
Michael Rousseau Executive Vice President & Chief Financial Officer presents at the INSTITUTIONAL INVESTOR CONFERENCE Toronto January 15, 2015 CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada
More informationMontreal September 24, 2008
1 Montreal September 24, 2008 Air Canada Diversified network Proven revenue model Canada a stronger market New efficient fleet New onboard product Well hedged fuel Strong financial performance 2 Diversified
More informationInvestor Day. December
Investor Day December 4 2018 Caution regarding forward-looking information This presentation contains forward-looking information, as defined under applicable securities legislation, including without
More informationJazz Air Income Fund presented by Joseph Randell President and Chief Executive Officer
Jazz Air Income Fund presented by Joseph Randell President and Chief Executive Officer National Bank Financial Inc. Second Annual Transportation & Logistics Conference March 28, 2007 Toronto, Ontario Check
More informationAir Canada Reports First Quarter 2018 Results
\ Air Canada Reports First Quarter 2018 Results First quarter EBITDAR of $397 million and operating loss of $14 million Record first quarter operating revenues of $4.071 billion Record unrestricted liquidity
More informationSpirit Airlines Reports Highest Second Quarter Pre-Tax Margin in Company History
July 24, 2013 Spirit Airlines Reports Highest Second Quarter Pre-Tax Margin in Company History MIRAMAR, Fla., July 24, 2013 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported second
More informationSpirit Airlines Reports First Quarter 2017 Results
Spirit Airlines Reports First Quarter 2017 Results MIRAMAR, Fla., April 28, 2017 - Spirit Airlines, Inc. (NASDAQ: SAVE) today reported first quarter 2017 financial results. GAAP net income for the first
More informationJazz Air Income Fund. presented by Allan Rowe, Senior Vice President and Chief Financial Officer
Jazz Air Income Fund presented by Allan Rowe, Senior Vice President and Chief Financial Officer BMO Capital Markets 2007 Income Trust Conference Toronto, November 20, 2007 Hello. 1 Forward Looking Statement
More information44th Consecutive Profitable Quarter Fourth Quarter Fully Diluted Earnings per Share of $0.94 Full Year Fully Diluted Earnings per Share of $4.
Allegiant Travel Company Fourth Quarter and Full Year 2013 Financial Results January 29, 2014 1:00 PM PT 44th Consecutive Profitable Quarter Fourth Quarter Fully Diluted Earnings per Share of $0.94 Full
More informationInvestor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE
Investor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE 1 Forward Looking Statements In addition to historical information, this presentation contains forward-looking statements
More informationThird Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition
Third Quarter 2017 Management s Discussion and Analysis of Results of Operations and Financial Condition October 25, 2017 TABLE OF CONTENTS 1. Highlights... 3 2. Introduction and Key Assumptions... 5 3.
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 information