Lufthansa s Group Strategy and Setup for Passenger Business Investor Day 2007 Frankfurt/Main, January 25th, 2007
|
|
- Anis Lester
- 6 years ago
- Views:
Transcription
1 Lufthansa s Group Strategy and Setup for Passenger Business Investor Day 2007 Frankfurt/Main, January 25th, Wolfgang Mayrhuber Chairman of the Executive Board and CEO Deutsche Lufthansa AG
2 Overview Industry Trends Group Strategy Passenger Business Strategy 2
3 Air Traffic will Remain a Growth Industry Forecast of Worldwide CAGR for Different Regions until 2011 North America- India 7.9% 9.0% 3.6% 3.9% 4.7% 5.1% 4.7% 6.5% 7.5% 5.2% 5.3% 4.2% 4.6% 4.0% 4.0% 3.9% 3.6% Bubble size = market size, in terms of passengers 3
4 Profitability in the Industry is Restored Airline Industry Net Results in USDbn e 2007e Forecast -15 Source: ICAO , IATA
5 Capital Markets Reward Stronger Economic Perspectives Top Ten Airlines Worldwide in EURm, plus Selected Airlines 1) 1) 2) 2,199 3,296 5,729 5,488 4,873 6,387 5,877 6,105 4,795 4,913 3,737 3,693 7,805 7,357 9,548 9,388 9,195 8,591 8,049 11,081 10,738,194,122 2,567 2,817 1,384 2,617 2,16 2,121 1,827 3,625 Market Cap. 31st December 2006 Market Cap. 31st December ) Approx. year-to-year data 2) Year-to-year data not available due to changes in quotation
6 Consolidation in the Industry is Gaining Momentum Recent Steps in Industry Consolidation USA: America West - US Airways (2005) US Airways offer for Delta Air Tran s offer for Midwest Air United Continental talks Europe: Air France - KLM (2004) Lufthansa - SWISS (2005) AirBerlin - dba (2006) Ryanair s offer for Aer Lingus Australia: Qantas takeover by financial investors 6
7 Overview Industry Trends Group Strategy Passenger Business Strategy 7
8 The Lufthansa Group Sets for Future Growth and Ongoing Value Creation Focus on core Profitable growth in core business Strengthen and invest in core Expand position in growth markets Capitalise on integration capabilities Enhance value also for non-core Keep financial and strategic flexibility strong 8
9 The Strategy: Focussing on Passenger Business as a Nucleus is the Major Strategic Group Rationale Lufthansa Provides Mobility for People and Goods Management of Networks Management of Operations Management of Assets, Resources and Supply Chain (People, Aircraft, Systems, Facilities, Fuel) Individual Business Unit Strategies Competition Growth / Yield Capital Requirements Risks Dependencies on Passenger Business Competence Fit with Passenger Business Relevance for Passenger Business Dependency on Passenger Business Strategic Mapping of Business Units 9
10 Business Units Logistics and MRO Competence fit Management of networks and know-how of processes Relevance Belly sales/marketing/it/mro Dependency Logistics. Utilization of belly capacity of passenger aircraft by logistics.. Competence fit MRO Operation/Global Support Relevance Management of optimised life cycle cost Know-how, purchase power Dependency Strategic co-operation Brand... 10
11 Business Units IT Services and Catering Competence fit IT Services Airline specific know-how of processes Relevance Supply of airline specific innovations Dependency Internal supplier Competence fit Catering Management of production and logistics Relevance Internal supplier Dependency Internal customer 11
12 Leisure Travel Solution Found Providing Value Leisure Travel Thomas Cook was identified as non-core to Lufthansa After turnaround in 2005 Thomas Cook is set for growth Agreement found with KarstadtQuelle MoU signed in December
13 Segments are Well Positioned in Growth Markets Passenger Business Logistics Market Growth Shorthaul: ~ 5% Western Europe 2.6% Domestic Germany 2.0% Eastern Europe No. 1 Carrier EU & to Eastern Europe Russia: 9 destinations and 103 frequencies Eastern Europe: 24 destinations and 582 frequencies Var. co-op (e.g. LOT, AUA, Croatia) No. 1 Cargo Carrier with 45 destinations served 6.4% Market Growth Longhaul: > 5% 4.1% 5.1% 5.9% No.1 Carrier to Asia, No. 2 to NA 5.9% India: 6 destinations and 88 frequencies China: 4 destinations and 47 frequencies Japan: 3 destinations and 26 frequencies Various co-operations (e.g. Air China, Shanghai Airl., Air India, Singapore Airl.) Joint Ventures in Shenzhen and Pudong Jade Cargo started operations in 2006 Source: IATA Passenger Forecast MRO JV in Hungary, Ireland, Malta Further development evaluated MRO contracts with growth carriers Various JV s (Ameco, LHT Philippines) 13
14 Overview Industry Trends Group Strategy Passenger Business Strategy 14
15 The Key Issues for the Upcoming Changes in Airline Business Are Proactively Addressed by Lufthansa Mega-Trends as Drivers of Change Key Issues and Subjects of Activity What Interferes in Our Process of Change? Globalisation Deregulation Shareholder s prospects New business models Internet and IT Innovations Consolidation Enlargement Star Alliance Integration Swiss etc. Segmentation Full range of products Multi-Hub, Multi-Market Focussing Aviation Group System Partnerships Regulatory influence High barriers for market exit Expectations of unions Monopolistic suppliers 15
16 The Strategic Frame Enhances the Spirit of Entrepreneurship within the Organisation Multi-Brand Multi-Product Premium Economy Budget Multi-Market Entrepreneurship & Competition Multi-Hub 16
17 Multi-Brand: From a Branded House to a House of Brands "Mainline" "Regional" "Budget " Premium Large markets Intercont. & continental Transfer & point-to-point Premium Small markets Continental & regional Transfer & point-to-point No frills Stimulating markets Point-to-point only We address our customers with a portfolio of tailor-made brands The brands are complementary and competitive 17
18 Multi-Product: Mobility à la carte with High Quality Products in Each Segment Segment Role Current Measures Premium Economy Budget First Class Business Class Economy Flex Economy Basic No- Frills Top line Business / Celebrity Service Brand amplifier & image driver Mainstream Business customer Global Corporate / SME Driving Earnings Yielding new customers Profit contribution Rounding off the range Participate in growth market Lufthansa Private Jet Services HON Circle Service First Class Terminal New Business Class Continental and Intercont. WLAN, SMS services FFP range (SEN, FTL, JetFriends) Schnäppchen Aggressive price system germanwings SunExpress Mobility Buyer Budget Traveler 18
19 Multi-Product: Focus on Premium Improved Passenger Mix Investments in Quality and Innovation Product Enhancements Increase Passenger Mix and Create Loyalty Rev. Share in % Q Q Q Q First Class Terminal: individualised, time saving boarding process for First Class and HON Circle Lufthansa Private Jet Services Plus 10%P revenue share of longhaul premium customers In 2006 premium revenue on longhaul flights exceeded 50% share 19
20 Multi-Market: Star Alliance Offers a Tight Network Full of Opportunities for Our Customers More than 16,000 Daily Flights to 841 Destinations in 157 Countries and welcoming in 2007: 20
21 Multi-Market: Succeeding in New Markets with Partnerships and New Business Models In Our Home Market Europe We Build Strong Partnerships Strengthening of Non-Hub Traffic and Local Catchments Regional Partners Increased frequencies ex: Hamburg, Dusseldorf, Stuttgart 21
22 Multi-Hub: A Consequence of Growth, Market Segmentation and Organisational Accountability Objectives for Lufthansa: Staying in close touch with markets Transparency Fast reaction to market needs Entrepreneurship and decentralised responsibilities Governing complexity Advantages for Our Customers: Choice of transit airport, if no direct flight is available Higher flexibility for our customers by time lagged offers 22
23 Multi-Hub: Development of Hub Management Is a Role Model for Balancing Entrepreneurship and Central Leadership Leadership central Entrepreneurship de-central Fleet Planning Network Development Alliance Management Pricing Interlining Group Steering Revenue Integrity IT Frame contracts etc. Golden Rules Input Network Planning Yield Management... dedicated tailsigns Local Touch Individual Services 23
24 Multi-Hub: Organisational Vision of an Airline Network Within Lufthansa Group Holding Functions Define rules and code of conduct Allocation of resources e.g. fleet allocation e.g. network strategy e.g. branding, product Divisions / Airlines Entrepreneurship P&L responsibility (at least in parts) FRA MUC DEC LX XY Support Functions Realisation of synergies Coordinative functions e.g. IT, traffic rights, e.g. station management, e.g. HR, fuel, fleet-procurement, controlling scalability 24
25 Lufthansa Is Set to Go for Further Consolidation in Europe Strategic rationale Strengthening our European stronghold Access to attractive markets and additional destinations Realisation of synergies by changing industry structures Prerequisites Partner and stakeholder fit (e.g. strategic fit, no unbridgeable differences in corporate cultures and strategies) Economic fit / real opportunity (e.g. investment is appropriate with regard to economical benefit of acquisition, avoid negative rating effect, gain sales/purchasing power) 25
26 Lufthansa stands for success Managing Costs and Quality Partners: Star Alliance is growing, SWISS integration faster and better than planned Innovations: Market leader also with respect to new developments Fleet Management: Modern fleet with low cost profile and high flexibility Affiliated Businesses: Success in airlinerelated markets with professional knowhow and long term experience 26
27 The Key Factors for Successful Implementation of Lufthansa s Strategy Brand Location Home Market Growth Market Fleet Employees Product Infrastructure Leadership Financials 27
28 Lufthansa Shares An Investment with High Upward Potential We upgrade our stronghold Europe We place investment in growth markets We establish a strong leadership and have sufficient talents We are a strong brand with strong partners We secure solid financials by continuous strict cost management We offer an outstanding network to our customers We offer high quality products for every customer s segment We are flexible to adapt fast to market needs We are set for future growth and increasing profitability 28
29 Rising Share Prices Created Value of 3.8 EURbn in 2006 Lufthansa Shares Outperform DAX 180% 160% Deutsche Lufthansa AG 140% +67% 120% 100% 80% DAX +22% 60% Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 XETRA, Close, Reuters 29
30 Outlook 2007 Internal perspective Maintain course on Costs Quality Innovations Enforce flexibility as strategic guideline External perspective Enlarge Star Alliance Screen strategic options for consolidation Develop strategies to reduce dependencies on monopolistic suppliers Prepare for future growth Enhance accountability and market driven entrepreneurship 30
31 Lufthansa - Value That Grows - Set for the Future - Share This Future with Us! Thank You! 31
32 Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Lufthansa and is subject to updating, revision, amendment and completion. This presentation does not and is not intended to constitute or contain any offer of securities for sale or a solicitation of an offer to purchase any securities of Deutsche Lufthansa AG or any other company and neither this presentation nor anything contained herein shall form the basis of any contract or commitment. Certain statements contained in this presentation may be statements of future expectations and other forward-looking statements or trend information that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. In addition to statements which are forwardlooking by reason of context, including without limitation, statements referring to risk limitations, operational profitability, financial strength, performance targets, profitable growth opportunities, and risk adequate pricing, as well as the words "may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, or continue", "potential, future, or further", and similar expressions identify forwardlooking statements. Actual results, performance or events may differ materially from those in such statements. Lufthansa assumes no obligation to update any such statements or any other information contained herein. 32
Growing through Alliances and Consolidation
Growing through Alliances and Consolidation Götz Ahmelmann VP Alliances, Strategy and Subsidiaries Deutsche Lufthansa AG MUC, Terminal 2 June 25, 2008 The objectives of Lufthansa Passenger Airline 1 Leading
More informationKOREAN AIR 4Q17 FINANCIAL RESULTS
KOREAN AIR 4Q17 FINANCIAL RESULTS 1 Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Korean Air Lines Co., Ltd. and is subject
More information2007/08 Full Year Results Investor Briefing
2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved
More informationFinancial Position (consolidated)
May 14 th, 2015 Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Korean Air Lines Co., Ltd. and is subject to updating, revision,
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2012-13 13 RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY12/13 2Q/12 $million
More informationFY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%
Information meeting FY 2009-10 key data Revenues in bn Operating result in m 78% Passenger 16.3-13.6% -918 11% Cargo 2.4-27.8% -436 5% Maintenance 1.0-4.0% +81 6% Other 1.3-12 -10.4% 2 Our industry is
More informationKorean Air Q Financial Results. Jul 28, 2011
Korean Air 2011 2Q Financial Results Jul 28, 2011 Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Korean Air Lines Co., Ltd.
More informationKorean Air Lines Q Results & 2011 Business Plan. 27 Feb 2011
Korean Air Lines 2010 4Q Results & 2011 Business Plan 27 Feb 2011 Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Korean Air
More informationThank you for participating in the financial results for fiscal 2014.
Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots
More informationGlobal Airline Trends and Impacts International Aviation Issues Seminar
Global Airline Trends and Impacts International Aviation Issues Seminar December 2017, Washington D.C. Oliver Lamb Managing Director 1 Around the world in 45 minutes Financial Performance Canada Mexico
More informationBuilding Long Term Shareholder Value
Building Long Term Shareholder Value Gareth Evans, CFO Macquarie Conference 6 May 2011 Sustainable Returns to Shareholders Leverage dual brands to build on competitive advantage International business
More informationInformation meeting. 1 st September 2011
Information meeting 1 st September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69
More informationUnderstanding the Market
IATA Seminar: A Successful Airport for a Successful Industry Understanding the Market Ian Thomas Senior Consultant Industry Affairs The Asian Growth Bubble Regional economic expansion + China + Air service
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 informationFundamental Value and Profitable Growth
- Fundamental Value and Profitable Growth Commerzbank German Investment Seminar 2010 Stephan Gemkow Member of the Executive Board & CFO Deutsche Lufthansa AG New York / January 11, 2010 Disclaimer This
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 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 informationGerry Laderman SVP Finance, Procurement and Treasurer
Gerry Laderman SVP Finance, Procurement and Treasurer Safe Harbor Statement Certain statements included in this release are forward-looking and thus reflect our current expectations and beliefs with respect
More informationAir Berlin PLC AGM 06 June 2013 London
Air Berlin PLC AGM 06 June 2013 London airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland No. 7 in Europe with 33.3 m guests
More informationANA HOLDINGS Financial Results for FY2014
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for FY2014 TOKYO, April 30, 2015 ANA HOLDINGS (hereafter ANA HD ) today reports its consolidated financial results for fiscal year 2014 (April-March). Highlights
More informationQ3 Results, Feb 2016
Q3 Results, Feb 2016 Europe s Favourite Airline Europe s Lowest Fares/Lowest Cost Carrier No 1, Traffic 106m No 1, Coverage 78 Bases No 1, C mer Service Low Fares/On-time/Fewest/Canx Always Getting Better
More informationAir China Limited Announces 2010 Interim Results
Air China Limited Announces 2010 Interim Results Record High First Half Results Leveraging New Opportunities to Drive Growth Hong Kong August 25, 2010 Air China Limited ( Air China or the Company, together
More informationANA HOLDINGS Management Strategy Update
ANA HOLDINGS NEWS ANA HOLDINGS Management Strategy Update TOKYO, April 28, 2017 - ANA HOLDINGS (hereafter ANA HD ) today provides an update to its FY2016-2020 Mid-Term Management Strategy, set out in January
More informationThe Qantas Group A Strong, Sustainable Future Alan Joyce, CEO Qantas Airways. Macquarie Australia Conference 4 May 2012
The Qantas Group A Strong, Sustainable Future Alan Joyce, CEO Qantas Airways Macquarie Australia Conference 4 May 2012 Overview Fleet renewal now substantially complete FY13 capital expenditure reduced
More informationFinancial Position (consolidated)
2013. 8. 14. Disclaimer This presentation is for informational purposes only, contains preliminary financial and other information about Korean Air Lines Co., Ltd. and is subject to updating, revision,
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 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 informationInformation meeting. Jean-Cyril Spinetta Chairman and CEO
Information meeting Jean-Cyril Spinetta Chairman and CEO Forward-looking statements The information herein contains forward-looking statements about Air France-KLM and its business. These forward-looking
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS. 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2013-14 14 RESULTS 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY13/14 2Q/13 $million
More informationSIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017
SIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017 THE PARENT AIRLINE Q2 AND 1H FY17/18 RESULTS THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE Q2 % 1H % FY17/18 Change FY17/18 Change
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 informationRecord Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million
2006/07 Full Year Results Investor Presentation August 16 2007 Record Result Moved on successfully following bid Profit before tax + 53.8% to $1,032 million Group returning above Cost of Capital 2 Key
More informationAir China Limited Announces 2009 Annual Results
Air China Limited Announces 2009 Annual Results Record Operating Profit in Complex Market Environment Strengthened Position to Capture Growth Opportunities Hong Kong April 22, 2010 Air China Limited (
More informationTHAI AIRWAYS INTERNATIONAL PCL
THAI AIRWAYS INTERNATIONAL PCL 2Q2017 analysts briefing 16-Aug-2017 1 DISCLAIMER The information contained herein is intended to represent the Company s operating and financial position at a given point
More informationAir China Limited 2014 Annual Results Under IFRS
Air China Limited 2014 Annual Results Under IFRS March 2015 Agenda Part 1 Results Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook Part 1 Results Highlights Gradual Global Economic
More informationInformation meeting. 12 September 2011
Information meeting 12 September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69 +505
More informationThe Proposed Joint Ventures with The Straits Trading Company Limited And Toga Pty Ltd
The Proposed Joint Ventures with The Straits Trading Company Limited And Toga Pty Ltd DISCLAIMER This Presentation should be read in conjunction with the Circular to Shareholders dated 24 June 2013 issued
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 informationBuilding procurement capability through transformation. Jane Harley, Chief Procurement Officer Qantas Group
Building procurement capability through transformation Jane Harley, Chief Procurement Officer Qantas Group SECTION TITLE HERE Heading here Group multi-brand structure Australia & New Zealand Singapore
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 informationInformation meeting. September 2011
Information meeting September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69 +505
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 informationThe success story continues
1 The success story continues LANXESS Media Day 2017 Matthias Zachert Michael Pontzen Cologne, September 5, 2017 Safe harbor statement The information included in this presentation is being provided for
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 informationTUI GROUP INVESTOR PRESENTATION
TUI GROUP INVESTOR PRESENTATION German Investment Conference UniCredit / Kepler Munich, 26-27 September 2012 Future-related statements This presentation contains a number of statements related to the future
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 informationWizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load Factor of 88% (+2.3ppt)
Q3 F17 FINANCIAL RESULTS 1 FEBRUARY 2017 BUSINESS HIGHLIGHTS Current market conditions favour ULCCs Wizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load
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 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 informationQANTAS HALF YEAR 2015 FINANCIAL RESULTS 1
QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1 Key points: Underlying Profit Before Tax: $367 million Statutory Profit After Tax: $206 million Transformation benefits: $374 million Comparable unit cost reduction:
More informationJazz Air Air Income Fund Fund
Jazz Air Air Income Fund Fund JOE RANDELL National President Bank Financial & CEOInc. Fifth Annual Transportation NATHALIE & Logistics MEGANN Conference Director, - Toronto Corporate Communications and
More informationInterim Management Report First Half Results 2010/11. October 29, 2010
Interim Management Report First Half Results 2010/11 October 29, 2010 Disclaimer Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause
More informationQantas Group - Positioned for Growth and Sustainable Returns
Qantas Group - Positioned for Growth and Sustainable Returns Tino La Spina, Qantas Group Chief Financial Officer Macquarie Australia Conference 3 May 2018 Third Quarter 1 FY18 Trading Update Q3 trading
More informationNew Market Structure Realities
New Market Structure Realities July 2003 Prepared by: Jon F. Ash, Managing Director 1800 K Street, NW Suite 1104 Washington, DC, 20006 www.ga2online.com The airline industry during the past two years has
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 informationANA s Growth Strategy
ANA s Growth Strategy Shinya Katanozaka Member of the Board of Directors, Senior Executive Vice President All Nippon Airways Co., Ltd. January 08, 2013 ANA s History 2 Rising to the Challenges ~ Always
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 informationInvesting in the Region s Airline
Investing in the Region s Airline A Jet Airways Perspective Wolfgang Prock-Schauer Jet Airways BOM, 20 th Jun 05 Table of Contents Geopolitical and Macroeconomics Trends in India Aviation Vision vs Ground
More informationANA HOLDINGS Financial Results for the Year ended March 31, 2016
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Year ended March 31, 2016 TOKYO, April 28, 2016 ANA HOLDINGS (hereafter ANA HD ) today reports its consolidated financial results for fiscal year
More informationIntroduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev
Introduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule
More informationHalf Year F1 Results. November 4, 2015
Half Year F1 Results November 4, 2015 F17 Q1 Results 20 JULY 2016 Q1 BUSINESS HIGHLIGHTS Passenger growth of 18% to 5.8m pax on 17% seat growth Record underlying profit of 38.6m (+14%) despite Easter effect
More information2017 Marketing and Communications Conference. November 6, 2017
2017 Marketing and Communications Conference November 6, 2017 1 2 Introduction Carrie Kenrick State of the Industry Industry Consolidation Financial Trends Ancillary Product / Customer Segmentation Fleet
More informationAir Berlin PLC AGM 18 June 2014 London
Air Berlin PLC AGM 18 June 2014 London Executive summary (1) Key Highlights 2013 2013: a challenging year for airberlin Operational loss of 231.9 million euros Group revenue down in line with capacity
More informationQantas Airways Limited. Nomura Conference 30 November Qantas Group. Gareth Evans Chief Financial Officer
Qantas Airways Limited Nomura Conference 30 November 011 Qantas Group Gareth Evans Chief Financial Officer The Qantas Group Our Operations Qantas Group is the eleventh largest airline in the world based
More informationANA Holdings Financial Results for FY2013
ANA HOLDINGS NEWS ANA Holdings Financial Results for FY2013 TOKYO April 30, 2014 - ANA Holdings (hereafter ANA HD ) today reports its consolidated financial for fiscal year 2013 (April, 2013 March, 2014).
More informationROUTE TRAFFIC FORECASTING DATA, TOOLS AND TECHNIQUES
ROUTE TRAFFIC FORECASTING DATA, TOOLS AND TECHNIQUES Introduction and Background COURSE OBJECTIVES Understanding how economic factors impact demand for air travel. Understanding of how changes in airline
More informationFor personal use only
ASX and Media Release QANTAS DELIVERS RECORD FIRST HALF PROFIT, INVESTS IN AIRCRAFT AND TRAINING Sydney, 22 February 2018 Underlying Profit Before Tax: $976 million (up 15%) Record results for Qantas Domestic,
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 informationJAL Group Announces its FY Medium-Term Business Plan
JAL Group Announces its FY2006-2010 Medium-Term Business Plan -Mobilize the Group s Strengths to Regain Trust - Tokyo, Thursday March 2, 2006: The JAL Group today announced its medium-term business plan
More informationJet Airways (India) Ltd. Presentation on Annual Results FY06. May 2006
Jet Airways (India) Ltd. Presentation on Annual Results FY06 May 2006 1 Agenda 1. Performance Highlights 2. Sahara Acquisition Update 3. Outlook 2 Performance Highlights 3 Domestic landscape capacity growth
More informationLAN and TAM announce intention to combine. Investor Presentation August 13, 2010
LAN and TAM announce intention to combine Investor Presentation August 13, 2010 Forward Looking Statements This presentation contains forward-looking statements, including with respect to the negotiation,
More informationUSA Acquisition Summary. December 2010
USA Acquisition Summary December 2010 www.roadbearrv.com Strategic Intent 1. To leverage the existing business capabilities in a significant sized and growing tourism market with a similar customer base.
More informationCathay Pacific Airways Analyst & Investor Briefing June Cathay Pacific Airways Interim Results 6 August 2008
Cathay Pacific Airways 2010 Analyst & Investor Briefing June 2010 Cathay Pacific Airways 2008 Interim Results 6 August 2008 Airline Strategy Remains largely unchanged Grow our international network, expand
More information2003/04 Full Year Results Presentation to Investors
2003/04 Full Year Results Presentation to Investors 19 August 2004 Geoff Dixon Chief Executive Officer Highlights 12 months to June 2004 12 months to June 2003 Increase/ (decrease) % Sales and operating
More informationGregg Gildemann Market Analysis
Gregg Gildemann Market Analysis Boeing Commercial Airplanes 20 February 2018 The statements contained herein are based on good faith assumptions are to be used for general information purposes only. These
More informationABX. Holdings, Inc. BB&T Transportation Conference. February 2008
ABX Holdings, Inc. BB&T Transportation Conference February 2008 1 Safe Harbor Statement Except for historical information contained herein, the matters discussed in this presentation contain forward-looking
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 BERLIN PLC. FCF GERMAN INDUSTRY CAPITAL MARKET DAYS Dubai, 25 April 2012
AIR BERLIN PLC FCF GERMAN INDUSTRY CAPITAL MARKET DAYS Dubai, 25 April 2012 2 AGENDA FCF German Industry Capital Market Days, 25 Apr. 2012 page Topic 1 Review 2011 3 Topic 2 Overview 2012 Macro-economic
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 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 informationAir China Limited Announces 2010 Annual Results
Air China Limited Announces 2010 Annual Results Profit reaches record high on strong economic growth Hong Kong March 29, 2011 Air China Limited ( Air China or the Company, together with its subsidiaries,
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 informationCoopetition. Sleeping with the Enemy or Strategic Alliances? Mike Williams Senior Consultant GainingEdge
Coopetition Sleeping with the Enemy or Strategic Alliances? Mike Williams Senior Consultant GainingEdge Coopetition Working with your competitors? Coopetition Companies work together for parts of their
More informationJ.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019
J.P. Morgan 2019 Global Emerging Markets Corporate Conference Miami, February 2019 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial
More informationLeveraging the New Partnership. 19 December 2011
Leveraging the New Partnership 19 December 2011 2 Transaction Highlights airberlin and Etihad have today agreed on a comprehensive commercial agreement which is highly synergistic for both companies Etihad
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 informationAerCap Holdings N.V. April 11, 2015
AerCap Holdings N.V. April 11, 2015 Disclaimer Incl. Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates and forecasts with respect to future performance and
More informationQ3 FY18 Business Highlights
Q3 FY18 RESULTS Q3 FY18 Business Highlights 1 2 3 4 5 6 7 Record passengers 7.1m, record revenues 423m Investing in growth 24% passenger growth in Q3 Disciplined cost management flat ex-fuel CASK Largest
More informationANA Holdings Financial Results for the Third Quarter of FY2013
ANA HOLDINGS NEWS ANA Holdings Financial Results for the Third Quarter of FY2013 TOKYO January 31, 2014 - ANA Holdings (hereafter ANA HD ) today reports its consolidated financial for the third quarter
More informationCommercial aviation. Market outlook, key trends driving growth and implications for airports. Dave Gamrath BCA Marketing.
Commercial aviation Market outlook, key trends driving growth and implications for airports Dave Gamrath BCA Marketing June 2014 BOEING is a trademark of Boeing Management Company. Copyright 2014 Boeing.
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 informationQantas Airways Investor Briefing
Qantas Airways Investor Briefing May 24 2007 Introduction APA bid protracted and difficult Continuity and stability now essential Executive Management commitment Orderly Board renewal Page 1 Page 1 Introduction
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 informationCathay Pacific Airways 2011 Analyst Briefing 23 June 2011
Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationANA HOLDINGS Financial Results for the Three Months ended June 30, 2015
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Three Months ended June 30, 2015 TOKYO, July 29, 2015 ANA HOLDINGS (hereinafter ANA HD ) today reports its financial results for the three months
More informationQuarterly Aviation Industry Performance
Quarterly Aviation Industry Performance ALAFCO Aviation Lease and Finance Company K.S.C.P. Quarterly Aviation Industry Performance 3Q17 (Updated November 17) Prepared by: Strategic Planning department
More informationANA HOLDINGS Announces Mid-Term Corporate Strategy for FY ~Strengthening the foundations of the business and looking into the future~
ANA HOLDINGS NEWS ANA HOLDINGS Announces Mid-Term Corporate Strategy for FY2018-2022 ~Strengthening the foundations of the business and looking into the future~ TOKYO, February 1, 2018 ANA HOLDINGS (hereinafter
More informationCathay Pacific Airways 2012 Analyst Briefing 28 June 2012
Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationAnalysts Briefing. 24 June Cathay Pacific Airways Limited
Analysts Briefing 24 June 2016 Cathay Pacific Airways Limited Operating performance - overview Challenging business environment. Load factor lower than expectations on weakening passenger demand. Strong
More informationMedia Release. Qantas Group Full Year 2017 Financial Result 1. Sydney, 25 August 2017
Media Release Qantas Group Full Year 2017 Financial Result 1 Sydney, 25 August 2017 Underlying Profit Before Tax: $1,401 million (second highest in Qantas history) Statutory Profit Before Tax: $1,181 million
More information