Corporate Presentation. March 2017

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Corporate Presentation. March 2017"

Transcription

1 Corporate Presentation March 2017 March 27, 2017

2 Quality & Award winning airline Full Service Carrier Focus on quality, efficiency Fleet of 58 Aircraft in Airbus A320 family 12 Turboprops 12.5m pax in 2016 Star alliance member Award winning airline 7x skytrax best regional award 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Traffic in RPKs (m) 5x Launched operations local acquisitions 2002 First international routes launched Airbus order 2008 Largest Greek airline 2010 Star alliance member 2011 Becoming single type jet operator 2013 Acquisition of Olympic Air Airbus order / delivered in

3 Athens main hub + 6 other A/C bases in Greece and Cyprus 2016 :145 destinations 111 international 34 domestic THESSALONIKI % international activity by source market Western Europe: 55% Cyprus: 10% Central Europe: 25% Middle East: 10% ATHENS KALAMATA % international activity by base Athens: 70% Thessaloniki & Larnaca: 15% Regional / Leisure: HERAKLION 15% CHANIA HERAKLION RHODES LARNACA 3

4 369 Last decade at a glance Growing international / Seeking improvements in network, costs / Consolidation m Revenue , Pre tax profit / margin 9% 10% 7% 6% 4% 5% 2% 12% 8% 10%10% 5% 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, ,023 6,216 ASKs 8,308 9,139 10,732 16,383 14, Passenger Traffic EBT Margin Unit costs / stage length ,200 1, % 80% 70% 60% 50% 40% Load Factor 78% 71% 74% 69% 68% 77% 4 International Pax Domestic Pax CASK (excl fuel) Average stage length km In cents FY04-FY13: Aegean standalone / Group FY:13 & FY:14 include full consolidation of Olympic Air

5 Rapid growth following acquisition of Olympic Using synergies to expand 8.8 Passengers Turboprop Airbus 45 Fleet jet Domestic International ASKs +78% Network Destinations ,139 10,732 12,194 14,668 16,

6 Network, cost synergies and market dynamics => financial performance in Strong incoming traffic offsets impact of weak local demand EUR m FY:13 FY:14 FY:15 yoy Sales % EBITDAR % EBITDAR margin 21% 23% 22% EBITDA % EBT % Net earnings % ASKs (m) 10,732 12,194 14,668 20% RASK (EUR cents) % CASK (EUR cents) % Domestic Passengers (,000) 4,549 5,240 5,624 7% International Passengers (,000) 4,294 4,873 6,025 24% Total passengers (,000) 8,843 10,113 11,648 15% EUR m FY:13 FY:14 FY:15 Period end cash & other marketable securities On balance sheet debt & finance leases Net debt / (cash) (185) (160) (182) 6

7 2016 key market drivers Domestic Athens / Thessaloniki / Larnaca Seasonal / Leisure regional Greek airports Economy stabilizes / local demand rebounds but only driven by significant lower fares Direct / Indirect Taxation => pronounced impact Increased competitors capacity Growth in total market traffic....but no growth in market revenue on persistent yield pressures and taxation increases Less seasonal characteristics Local / price sensitive consumer demand grows on lower fares International incoming growth slows down in Q2, improved trends for Q3 and Q4 Athens hub benefits continue to develop Thessaloniki more resilient mature operations for Aegean Resilient traffic characteristics since the beginning of the crisis 100% incoming leisure driven Oversupply in 2016 and especially in early summer leading to demand/supply mismatch and lower loads and yields Strong performance in seasonally most important third quarter 7

8 Non resident arrivals by air in 2016 Non resident Arrivals by air % Total arrivals Rest of GR Thessaloniki Athens Source: SETE, AIA

9 Total traffic Greek airports Domestic Traffic (m) % International Traffic Athens International Traffic Rest of GR % +10% 9 Source: HCCA, A3 estimates

10 Aegean passenger growth Total Passengers +7% Available Seats % % +12% Domestic International Total 10

11 2016 operating results Q2 challenging given supply/demand mismatch but strong Q3 & improvement continues in Q4 ASKs (bn) per quarter % RPKs (bn) per quarter % +13% +10% +10% % +14% +9% +12% +18% Q1 Q2 Q3 Q4 FY Load Factor per quarter Q1 Q2 Q3 Q4 FY % 69.3% 75.3% 72.1% 82.3% 83.7% 80.3% 80.3% 75.0% 75.0% Q1 Q2 Q3 Q4 FY

12 2016 Financial highlights Revenue per quarter (m) % RASK per quarter ( cents) % 4% +7% +5% % 17% 2% 5% 8% Q1 Q2 Q3 Q4 FY Pre tax earnings per quarter (m) Q1 Q2 Q3 Q4 FY CASK per quarter (cents) % 5% 3% 3% 2% Q1 Q2 Q3 Q4 FY 12 Q1 Q2 2.1 Q3 Q4 FY

13 Healthy cashflow generation Cashflow 2016 (EUR m) Cash & financial investments the beginning of the year operating cashflow before working capital Δ Total changes in working capital Interest & tax Capex Net pdps OA acquisition Dividend Finance leases Cash & financial investments at the end of the period Cashflow 2015 (EUR m) Cash & financial investments the beginning of the year operating cashflow before working capital Δ Total changes in working capital Interest & tax Capex Net pdps OA acquisition Dividend Finance leases Cash & financial investments at the end of the period 13 Financial investments include investments in Money market funds, bonds and shares

14 Significant Athens network expansion *Number of routes out of Athens International routes International routes total routes total routes

15 Connecting Athens with Europe, Middle East and Cyprus WEST Indicative connecting routes via Athens 15 NORTH WEST Brussels, Düsseldorf, Hamburg, Frankfurt, Munich, Stuttgart, Berlin, Hannover, Kassel London, Manchester, Birmingham, Geneva, Zurich, Paris, Nantes, Amsterdam, Dublin, Lille, Luxembourg, Edinburgh SOUTH WEST Warsaw, Budapest, Prague, Stockholm, Helsinki, Tallinn, Vienna,Copenhagen, Krakow Kiev, Moscow, St. Petersburg, Sofia, Bucharest,Tirana, Belgrade, Dubrovnik, Split Toulouse, Bordeaux, Marseille, Madrid, Barcelona, Milan, Lyon, Rome, Venice, Lisbon, Majorca, Naples, Nice Toulouse, Bordeaux, Marseille, Madrid, Barcelona, Milan, Lyon, Rome, Venice, Lisbon, Naples, Nice, Pisa Catania, Malta, Bari Cairo, Alexandria Tbilisi,Istanbul, Izmir, Tehran, Yerevan NORTH EAST Amman, Beirut, Tel Aviv, Larnaca, Riyadh, Jeddah, Kuwait SOUTH EAST EAST

16 Delivers 4x network flows Hub support & Defense 17% YTD growth in connecting traffic 3,500 In,000 3,000 connecting passengers: 26% of total 2,500 4X 2,000 1,500 1,

17 Digital / loyalty developments drive on line penetration higher Continuous roll out of new services New responsive Booking, My Booking, Award Booking & Rebooking Services / Flight Related Notification Services / Miles+Bonus Push Notifications Integration of My Aegean in Apps Brings single sign on and personalization aspects to the apps Passport & ID Scanning in Apps for Faster Check in Miles awarded display for A3/OA operated flights Google now Boarding Pass Integration and more to come 40% Company web sales / total++10ppt 30% 20% 10% 17 0%

18 Summary Our basis & Industry dynamics Our strategy Solid Balance Sheet Efficient cost structure Strong positioning on key markets Flexibility Weak economy remains Increased reliance on incoming leisure Greece tourism potential Drivers ( Diversify source & destination / city breaks / season extension / theme tourism / conferences / infrastructure investments ) Consolidate bases and activity to protect profitability and improve KPIs Further exploit network synergies and connectivity Distribution cost initiatives IT / ecommerce investments / Value cycle loyalty enhancements Cost discipline on controllable costs 18

19 19 Appendix

20 Shareholder Structure 33.6% 35.4% Th. Vassilakis * Other pre IPO shareholders Free Float 31.0% Listed on the Athens Exchange *11.6% controlled through Autohellas 20

21 Profit & Loss 21 P&L Group Group %yoy In millions FY:15 FY:16 Revenue Scheduled Services % Charter % Other (cargo, ancillaries, executive aviation) % Total revenue , % Other operating income % Employee benefits (109.4) (119.5) 9% Aircraft fuel (216.3) (197.3) 9% Aircraft maintenance (97.6) (118.6) 22% Overflight expenses (67.1) (68.3) 2% Ground handling expenses (60.4) (63.7) 5% Airport charges (50.7) (56.0) 10% Catering expenses (24.4) (28.4) 16% Distribution expenses (73.8) (78.8) 7% Marketing and advertising expenses (14.6) (15.9) 9% Other operating expenses (70.2) (81.2) 16% EBITDAR % EBITDAR margin 22.1% 20.3% Aircraft leases (106.1) (130.1) 23% EBITDA % Depreciation (14.0) (18.0) 28% EBIT % EBIT margin 9.9% 5.8% Interest income Interest expense (6.1) (6.5) FX difference 8.1 (1.9) Financial results 3.1 (7.3) EBT % EBT margin 10.2% 5.1% Income Tax (31.9) (19.4) 39% Net earnings / (loss) after tax %

22 Key Operating Statistics FY:15 FY:16 Change Group Group In % 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 % Capacity FY:15 FY:16 In % ASKs (in millions) 14,668 16,383 12% Total available seats (000) 15,194 16,205 7% Total Block Hours 167, ,588 8% Total Sectors Flown 109, ,709 3% Average capacity per flight % Average sector length (km) % Passengers (000) By type of service : Schedule passengers 11,216 12,076 8% Charter passengers % By network : FY:15 FY:16 In % Domestic 5,624 5,725 2% International 6,025 6,738 12% Total number of passengers 11,648 12,463 7% RPKs (in millions) 11,285 12,715 13% Pax/flight % Load factor Scheduled (Pax/AVS) 76.9% 77.0% 0.1pp Load factor Scheduled (RPK/ASK) 76.9% 77.4% 0.6pp 22

23 In EUR,000 Balance Sheet BALANCE SHEET GROUP 31/12/ /12/2016 Intangible assets 47, , Goodwill 39, , Tangible assets 103, , Advances for assets acquisition 30, Financial Assets available for sale 8, , Deferred tax assets 16, Other long term assets 25, , Hedging derivatives , Total non current assets 274, , Inventories 13, , Customers and other receivables 104, , Advances 14, , Financial Assets at fair value 39, , Hedging derivatives 34, , Restricted cash 36, Cash and cash equivalents 152, , Total current assets 394, , TOTAL ASSETS 668, , BALANCE SHEET GROUP 31/12/ /12/2016 Share capital 46, , Share premium account 72, , Other reserves 13, , Retained profit / (loss) 115, , Total equity 221, , Finance lease contracts liabilities 45, , Derivative contracts liabilities 12, , Provisions for retirement benefits obligations 8, , Provisions 19, , Other long term liabilities 27, , Deffered tax liabilities 10, Total long term liabilities 113, , Suppliers & other liabilities 77, , Long term finance leases liabilities payable next year 10, , Other short term liabilities 74, , Liabilities from tickets sold but not flown 83, , Accrued expenses 28, , Hedging derivatives 48, , Income tax liabilities 7, Provisions 1, Total short term liabilities 332, , Total liabilities 446, , TOTAL EQUITY AND LIABILITIES 668, ,

24 Cashflow 24 31/12/ /12/2016 Profit / (loss) before tax 100, ,598.6 Adjustments for: Depreciation of tangible assets 14, ,984.4 Loss from impairment of assets (326.3) Provisions (18,007.8) (8,987.3) Foreign currency exchange (gains) / losses (7,850.8) 1,908.5 (Profit) / loss from investing activities (1,351.6) Finance Cost 5, ,517.7 Cash flows from operating activities before changes in working capital 92, ,199.0 Changes in working capital (Increase)/Decrease in inventories (2,898.2) (Increase)/Decrease in trade & other receivables (29,890.5) (14,407.5) Increase/(Decrease) in trade payables 28, ,875.9 Total changes in working capital (1,424.3) 19,570.2 Interest expenses payable (2,853.8) (3,486.5) Income tax paid (18,429.3) (24,506.5) Net cash flows from operating activities 69, ,776.2 Cash flows from investing activities Purchase of assets (20,236.5) (4,671.1) Proceeds from sale of assets 1, Advances for the acquisition of assets 30, ,957.3 Purchase of Financial Assets (43,501.3) 0.0 Sale of Financial Assets 12, ,294.4 Acquisition of subsidiaries (10,400.0) (10,400.0) Interest and other financial income received Net cash flows from investing activities (28,498.2) 59,362.4 Cash flows from financing activities Dividends (49,885.3) (49,889.0) Finance leases capital repayment (9,726.5) (10,096.7) Net cash flows from financing activities (59,611.9) (59,985.7) Net (decrease)/ increase in cash and cash equivalents (18,157.2) 59,152.9 Cash and cash equivalents at the beginning of the year 207, ,324.9 Cash and cash equivalents at the end of the period 189, ,477.8

25 Revenue Breakdown shift to international Domestic Revenue International Revenue 45% 55% 72%

26 Aegean Share Listed in Athens Exchange Bloomberg AEGN GA / Reuters AGNr.AT IPO : July 2007 / 7.60 IPO price Dividends / Returns: DPS FY DPS FY Capital return FY DPS FY DPS FY DPS FY pending AGM approval Contact:

27 Disclaimer Forward Looking Statements Except for historical information, the statements made or information contained in this presentation are forward looking in nature. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. As such, they are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company s control, which could cause the actual future performance to differ materially from those referenced, projected or contemplated herein by any forward looking statement, including but not limited to the following: overall passenger traffic; the airline ticket pricing environment; the international expansion of our route network; seasonal fluctuations in passenger travel; aviation fuel prices; landing and navigation fee changes; changes in aircraft acquisition, leasing and other operating expenses; developments in government regulations and labour relations; the cost of our ground handling operations; the future development of AIA, the Greek regional airports and the international airports; foreign currency fluctuations, in particular between the euro and the U.S. dollar; the progress of our code shared and interline arrangements; the availability of additional slots or landing rights at existing airports and the availability of new airports for expansion; interest rate fluctuations; extraordinary events, such as accidents, terrorist attacks or threats of terrorist attacks, natural disasters and outbreaks of contagious diseases; the rates of taxes payable; and general economic conditions in Greece and the European Union. Although the Company believes the expectations reflected in such forward looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Therefore, past performance and/or forwardlooking statements are not to be treated as guarantees of future performance. The forward looking statements are made as of the date of this presentation, and we undertake no obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events or otherwise. 27

Corporate Presentation. June 2016

Corporate 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 information

Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA Norwegian Air Shuttle ASA Q4 2017 Presentation 15 February 2018 Highlights Q4 2017 Added one 737-800 and two 787-9s to operations Financed the first aircraft with a combination of UKEF and JOLCO Agreed

More information

FIRST QUARTER RESULTS 2017

FIRST 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 information

Finnair Q result. 25 October 2017 CEO Pekka Vauramo

Finnair 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 information

FIRST QUARTER 2017 RESULTS. 4 May 2017

FIRST 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 information

1.3% millionn euros. Net debt of 5.4 improvement. euros to. Financial Year. the Air. operating. equipped. ness and. also focus on.

1.3% 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 information

Half Year F1 Results. November 4, 2015

Half 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 information

2017 A year of strong growth Finnair Q4 and FY 2017 result

2017 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 information

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017 Analyst and Investor Conference Call Q3 2017 Frankfurt, 25 October 2017 Disclaimer The information herein is based on publicly available information. It has been prepared by the Company solely for use

More information

NORWEGIAN 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 [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 information

THIRD QUARTER 2016 RESULTS. 3 November 2016

THIRD QUARTER 2016 RESULTS. 3 November 2016 THIRD QUARTER 2016 RESULTS 3 November 2016 Highlights of the Third Quarter 2016 Environment Operations Financial highlights Strong increase in airline industry capacity Terrorist attacks in Europe resulting

More information

1 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 information

Wizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load Factor of 88% (+2.3ppt)

Wizz 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 information

UBS 14 th Global Emerging Markets Conference. New York, November 2016

UBS 14 th Global Emerging Markets Conference. New York, November 2016 UBS 14 th Global Emerging Markets Conference New York, November 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

PRESS RELEASE AEROPORTO GUGLIELMO MARCONI DI BOLOGNA S.p.A.: the Board of Directors approves the Group Q Results.

PRESS RELEASE AEROPORTO GUGLIELMO MARCONI DI BOLOGNA S.p.A.: the Board of Directors approves the Group Q Results. PRESS RELEASE AEROPORTO GUGLIELMO MARCONI DI BOLOGNA S.p.A.: the Board of Directors approves the Group Q1 2017 Results. Passenger traffic reached approx. 1.6 million passengers (+4.6% versus 2016), thanks

More information

Passenger: 17.2 Million (+3.9% yoy) OTP: 85.8% SLF: 73.3% Subsidiaries Operating Revenues US$415.2 Million Cargo Carried 219.4K ton (+10.

Passenger: 17.2 Million (+3.9% yoy) OTP: 85.8% SLF: 73.3% Subsidiaries Operating Revenues US$415.2 Million Cargo Carried 219.4K ton (+10. Value* 14.78 3.36 4.97 Volume** 32.85 9.59 13.43 Last Price 423 342 348 Market Cap.*** 8.74 8.85 9.01 Note: * Average Value in Billion Rupiah ** Average Volume in Million *** Market Capitalization in Trillion

More information

AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS

AEROFLOT 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 information

Citi Industrials Conference

Citi Industrials Conference Citi Industrials Conference June 13, 2017 Andrew Levy Executive Vice President and Chief Financial Officer Safe Harbor Statement Certain statements included in this presentation are forward-looking and

More information

LAN AIRLINES REPORTS NET INCOME OF US$4.2 MILLION FOR THE SECOND QUARTER OF 2009

LAN AIRLINES REPORTS NET INCOME OF US$4.2 MILLION FOR THE SECOND QUARTER OF 2009 FOR IMMEDIATE RELEASE LAN AIRLINES REPORTS NET INCOME OF US$4.2 MILLION FOR THE SECOND QUARTER OF 2009 Santiago, Chile, July 28, 2009 LAN Airlines S.A. (NYSE: LFL), one of Latin America s leading passenger

More information

Investor Presentation

Investor Presentation TUI Group Investor Presentation WestLB Deutschland Conference 2010 17 November 2010 TUI AG Investor Relations Seite 1 Future-related related statements This presentation contains a number of statements

More information

Preliminary Figures FY 2016

Preliminary Figures FY 2016 February 14, 2017 Preliminary Figures FY 2016 Capital Markets Day 2017 Tom Blades (CEO) Disclaimer This presentation has been produced for support of oral information purposes only and contains forwardlooking

More information

Deutsche Bank 16 th Annual Global Emerging Markets. New York, September 2017

Deutsche Bank 16 th Annual Global Emerging Markets. New York, September 2017 Deutsche Bank 16 th Annual Global Emerging Markets New York, September 2017 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and

More information

Santander 22 nd Annual Latin American Conference. Cancun, January 2018

Santander 22 nd Annual Latin American Conference. Cancun, January 2018 Santander 22 nd Annual Latin American Conference Cancun, January 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

Financial Results Q2 FY December 2017

Financial Results Q2 FY December 2017 Financial Results Q2 FY18 07 December 2017 2 Key Highlights Q2FY18 Net profit after tax of INR 71cr Ten successive profitable quarters for the Group Net debt reduced during the quarter by INR 194cr Continued

More information

2014 Half Year Results Virgin Australia Holdings Limited 28 February 2014

2014 Half Year Results Virgin Australia Holdings Limited 28 February 2014 2014 Half Year Results Virgin Australia Holdings Limited 28 February 2014 Half year in review Australian aviation market continues to face challenging conditions, ongoing subdued consumer sentiment and

More information

AIR 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 AIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy MONTR√ČAL, May 6, 2010 Air Canada today reported a reduced operating loss of

More information

THIRD QUARTER 2017 RESULTS STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE

THIRD QUARTER 2017 RESULTS STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE 3 rd of November 2017 THIRD QUARTER 2017 RESULTS STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE THIRD QUARTER 2017 The operating result stands at 1,022 million euros, up 38.7%

More information

Amadeus Jan-Jun 2017 Results. July 28, 2017

Amadeus Jan-Jun 2017 Results. July 28, 2017 Amadeus Jan-Jun 2017 Results July 28, 2017 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue

More information

Finnair Group Annual Report 1 January 31 December 2006

Finnair 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 information

RYANAIR FULL YEAR RESULTS AHEAD OF EXPECTATIONS RECORD NET PROFIT OF 302M AS TRAFFIC GROWS TO 35M

RYANAIR FULL YEAR RESULTS AHEAD OF EXPECTATIONS RECORD NET PROFIT OF 302M AS TRAFFIC GROWS TO 35M RYANAIR FULL YEAR RESULTS AHEAD OF EXPECTATIONS RECORD NET PROFIT OF 302M AS TRAFFIC GROWS TO 35M Ryanair, Europe s No.1 low fares airline today (Tuesday, 6 June 2006) announced record after tax profits

More information

Net Debt, $m 1, ,733.7

Net 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 information

Finnair Group Interim Report 1 January 31 March 2008

Finnair Group Interim Report 1 January 31 March 2008 Finnair Group Interim Report 1 January 31 March 2008 1 29/04/2008 Presentation name / Author Outlook for the industry less positive Growth of demand declining due to uncertainty of global economy Growth

More information

Analyst Presentation Schiphol Group 2006 Interim Financial Results

Analyst Presentation Schiphol Group 2006 Interim Financial Results Analyst Presentation Schiphol Group 2006 Interim Financial Results 24 August 2006 Interim Results Disclaimer This release may contain certain forward-looking statements with respect to the financial condition,

More information

Record results driven by traffic growth and its positive dynamic, which has supported all key economic margins.

Record results driven by traffic growth and its positive dynamic, which has supported all key economic margins. PRESS RELEASE AEROPORTO GUGLIELMO MARCONI DI BOLOGNA: The Board of Directors approves draft and consolidated financial statements as at December, 31 2016. Record results driven by traffic growth and its

More information

Second quarter 2013 Results Presentation. August, 2013

Second quarter 2013 Results Presentation. August, 2013 Second quarter 2013 Results Presentation August, 2013 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results. These

More information

JAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)

JAPAN 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 Mar/18 Mar/18 (FY2017) 1 st quarter resulted in an

More information

Annual Results Air New Zealand

Annual Results Air New Zealand Annual Results 2011 Air New Zealand Highlights Normalised earnings* $75m Net cash position of $860m Operating cash flow down 5% Gearingat467% at 46.7% Final dividend 2.5 cents per share (unimputed) New

More information

Traffic Development Policy

Traffic Development Policy 2017-2018 Guidelines Strategy The aims at attracting incremental traffic to Genoa airport through: Point to point connections: development of new direct routes to domestic and international airports, including

More information

Fourth Quarter 2006 Results Presentation February 15, 2007

Fourth Quarter 2006 Results Presentation February 15, 2007 Fourth Quarter 2006 Results Presentation February 15, 2007 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

Finnair Group Interim Report 1 January 30 June 2008

Finnair 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 information

Agenda. Conclusion of Transform Key Perform 2020 initiatives. Perform 2020 financial framework. Information meeting

Agenda. Conclusion of Transform Key Perform 2020 initiatives. Perform 2020 financial framework. Information meeting Information meeting Agenda Conclusion of Transform 2015 Key Perform 2020 initiatives Perform 2020 financial framework 2 Transform 2015: first phase of group turnaround accomplished Strict capacity discipline

More information

LATAM AIRLINES GROUP RECORDS A 50.1% INCREASE IN OPERATING INCOME AND A US$93.9 MILLION NET PROFIT IN THE FIRST QUARTER OF 2018

LATAM AIRLINES GROUP RECORDS A 50.1% INCREASE IN OPERATING INCOME AND A US$93.9 MILLION NET PROFIT IN THE FIRST QUARTER OF 2018 LATAM AIRLINES GROUP RECORDS A 50.1% INCREASE IN OPERATING INCOME AND A US$93.9 MILLION NET PROFIT IN THE FIRST QUARTER OF 2018 Santiago, Chile, May 8, 2018 LATAM Airlines Group S.A. (NYSE: LTM; IPSA:

More information

LAN AIRLINES REPORTS NET INCOME OF US$88.3 MILLION FOR THE FIRST QUARTER OF 2010

LAN AIRLINES REPORTS NET INCOME OF US$88.3 MILLION FOR THE FIRST QUARTER OF 2010 FOR IMMEDIATE RELEASE LAN AIRLINES REPORTS NET INCOME OF US$88.3 MILLION FOR THE FIRST QUARTER OF 2010 Santiago, Chile, April 27, 2010 LAN Airlines S.A. (NYSE: LFL), one of Latin America s leading passenger

More information

ANALYST 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 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 information

JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018

JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018 JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018 Today s Topics P.1 P.2 P.3 P.12 JAL Corporate Website the CONTRAIL Project Overview of Financial Results for 3

More information

Fourth Quarter 2017 Highlights

Fourth Quarter 2017 Highlights Avianca Holdings Reports Fourth Quarter 2017 Adjusted Operating Income 1 of $169.1 Million Bogota, Colombia, February 27, 2018 Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today reported its financial

More information

GIAA In Flash YTD September 2015

GIAA In Flash YTD September 2015 GIAA In Flash YTD September 2015 Garuda Indonesia Group (GIAA) Continues its Green Performance in Challenging Market Picture s source: www.google.com The 3rd quater in 2015 is a tough period for GIAA bussines.

More information

Air Canada Reports 2017 Annual Results

Air Canada Reports 2017 Annual Results Air Canada Reports 2017 Annual Results Operating income of $1.364 billion and record EBITDAR of $2.921 billion Record operating revenues of $16.252 billion Leverage ratio of 2.1 and unrestricted liquidity

More information

United Continental Holdings, Inc (NYSE: UAL) ONE YEAR PRICE RANGE : $ LAST PRICE: $ ANALYST RATING: Sell

United Continental Holdings, Inc (NYSE: UAL) ONE YEAR PRICE RANGE : $ LAST PRICE: $ ANALYST RATING: Sell United Continental Holdings, Inc (NYSE: UAL) ONE YEAR PRICE RANGE : $61.91 68.76 LAST PRICE: $68.39 ANALYST RATING: Sell VALUATION DATE: August 3, 2017 NEXT EARNINGS DATE: October 17, 2017 Investment Thesis:

More information

Full Year 2017 RESULTS 16 th of February 2018

Full Year 2017 RESULTS 16 th of February 2018 Full Year 2017 RESULTS 16 th of February 2018 2017 FULL YEAR 2017 MAIN ACHIEVEMENTS Robust traffic statistics Strong Full Year results +5.6% +2.0% 42% +101% 1,049 1,488 347 696 FY 2016 FY 2017 Passengers

More information

Q Analyst & investor presentation. 23 January 2018

Q Analyst & investor presentation. 23 January 2018 Q1 2018 Analyst & investor presentation 23 January 2018 Strong start in 2018 Strengthening our market positions across the network Network Q1 RPS @ CC up 6.6% - positive underlying revenue trend Cost Underlying

More information

Athens connectivity & the airport s role

Athens connectivity & the airport s role Athens International Airport Athens connectivity & the airport s role Ioanna Papadopoulou, Director, Communications & Marketing Philoxenia, 10.11.2017 Agenda Connectivity Airport s role Far-East & Australia

More information

El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017.

El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017. August 16, 2017 El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017. The Company's revenues in the second quarter of 2017 amounted to approx. USD

More information

FINANCIAL YEAR Key data

FINANCIAL YEAR Key data March 8 th, 2012 FINANCIAL YEAR 2011 2011: A TOUGH YEAR Economic environment and geopolitical crises weigh on activity Insufficient level of unit revenues to absorb higher fuel bill Revenues up 4.5% to

More information

AIRBUS FY 2017 ROADSHOW PRESENTATION

AIRBUS FY 2017 ROADSHOW PRESENTATION AIRBUS FY 2017 ROADSHOW PRESENTATION February 2018 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends,

More information

Ryanair. Overweight. Overweight. High Growth, Low Cost Champion

Ryanair. Overweight. Overweight. High Growth, Low Cost Champion Overweight RYA.I,RYA ID Price: 12.76 Price Target: 16.25 Previous: 13.50 Ireland Airlines Christopher G Combe AC J.P. Morgan Securities PLC Price Performance 12 10 8 6 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15

More information

Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29%

Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29% Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29% Mexico City, Mexico, July 21, 2017 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline

More information

q Analyst & investor presentation Thursday 20 th July 2017

q Analyst & investor presentation Thursday 20 th July 2017 q3 2017 Analyst & investor presentation Thursday 20 th July 2017 easyjet Europe Following a rigorous and comprehensive year-long process Austria was chosen as the country for easyjet Europe Austro Control

More information

Third Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition

Third 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 information

El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year:

El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year: El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year: The Company's revenues in 2016 amounted to approx. USD 2,038 million, compared to approx.

More information

Ferrovial increases net profit by 12%, to 287 million euro

Ferrovial increases net profit by 12%, to 287 million euro All-time record backlog: 23.695 billion euro Ferrovial increases net profit by 12%, to 287 million euro Revenues expanded by 2.8% to 3.758 billion euro, supported by solid performance in the international

More information

AIR BERLIN PLC Q2 RESULTS, APRIL JUNE Berlin, August 18 th, 2011

AIR BERLIN PLC Q2 RESULTS, APRIL JUNE Berlin, August 18 th, 2011 AIR BERLIN PLC Q2 RESULTS, APRIL JUNE 2011 Berlin, August 18 th, 2011 MANAGEMENT SUMMARY 1/5 Management Summary Yield 1) [EUR] +7.9% 99.75 107.68 Q2/10 PF Q2/11 ACT Measures: Increase of fuel surcharge

More information

4Q15 and 2015 Results Presentation. March 30, 2016

4Q15 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 information

Enhancing air travel options through a strong focus on profitability and innovation. 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus

Enhancing air travel options through a strong focus on profitability and innovation. 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus Enhancing air travel options through a strong focus on profitability and innovation 1 VIVA AEROBUS REPORTS GROWTH OF 17.9% IN TOTAL OPERATING REVENUE

More information

Third Quarter 2017 Highlights

Third Quarter 2017 Highlights Avianca Holdings Reports Third Quarter 2017 Adjusted Operating Income 1 of $131.5 Million Bogota, Colombia, November 14, 2017 Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today reported its financial

More information

Air Canada Reports 2016 Annual Results

Air 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 information

Q1 Fiscal 2018 Statistics

Q1 Fiscal 2018 Statistics Q1 Fiscal 2018 Statistics FedEx Corporation Financial and Operating Statistics First Quarter Fiscal 2018 September 19, 2017 This report is a statistical supplement to FedEx s interim financial reports

More information

Enskilda Nordic Seminar 2006 Copenhagen 12 January President and CEO Jukka Hienonen

Enskilda Nordic Seminar 2006 Copenhagen 12 January President and CEO Jukka Hienonen Enskilda Nordic Seminar 2006 Copenhagen 12 January 2006 President and CEO Jukka Hienonen On blue and white wings since 1923 Over 8 million passengers/year Turnover 1.7 billion euro 9 000 employees 70 aircraft

More information

FIRST QUARTER 2014 RESULTS

FIRST QUARTER 2014 RESULTS FIRST QUARTER 2014 RESULTS Mexico City, April 29, 2014 - Grupo Aeromexico S.A.B de C.V. ( Aeromexico ) (BMV: AEROMEX), the largest airline in Mexico, today reported its unaudited consolidated results for

More information

FULL YEAR OPERATING PROFIT RISES TO $259 MILLION 25 CENTS SPECIAL DIVIDEND PROPOSED OUTLOOK REMAINS CHALLENGING

FULL YEAR OPERATING PROFIT RISES TO $259 MILLION 25 CENTS SPECIAL DIVIDEND PROPOSED OUTLOOK REMAINS CHALLENGING 8 May 2014 Page 1 of 5 No. 02/14 8 May 2014 FULL YEAR OPERATING PROFIT RISES TO $259 MILLION 25 CENTS SPECIAL DIVIDEND PROPOSED OUTLOOK REMAINS CHALLENGING GROUP FINANCIAL PERFORMANCE Financial Year 2013-14

More information

Air Canada Reports Third Quarter 2015 Results

Air 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 information

Q3 Fiscal 2017 Statistics

Q3 Fiscal 2017 Statistics Q3 Fiscal 2017 Statistics FedEx Corporation Financial and Operating Statistics Third Quarter Fiscal 2017 February 28, 2017 This report is a statistical supplement to FedEx s interim financial reports and

More information

WIZZ AIR FULL YEAR PAX GROWTH TARGET INCREASED TO 25% AFTER A RECORD FIRST 9 MONTHS AND HIGHER LOAD FACTORS

WIZZ AIR FULL YEAR PAX GROWTH TARGET INCREASED TO 25% AFTER A RECORD FIRST 9 MONTHS AND HIGHER LOAD FACTORS WIZZ AIR FULL YEAR PAX GROWTH TARGET INCREASED TO 25% AFTER A RECORD FIRST 9 MONTHS AND HIGHER LOAD FACTORS LSE: WIZZ Geneva, 31 January 2018: Wizz Air Holdings Plc ( Wizz Air or the Company ), the largest

More information

SIA 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 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 information

Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin

Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin Mexico City, Mexico, April 20, 2017 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States

More information

J.P. Morgan Aviation, Transportation and Industrials Conference

J.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 information

FY 2016 RESULTS BOLOGNA, MARCH 20 TH 2017

FY 2016 RESULTS BOLOGNA, MARCH 20 TH 2017 RESULTS BOLOGNA, MARCH 20 TH GROUP 2 GROUP OVERVIEW STRONG GROWTH TRACK RECORD AND MOMENTUM STRATEGIC LOCATION AND WEALTHY CATCHMENT AREA Among top 50 airports in Europe # 7 airport in Italy by passengers

More information

Air Arabia. Investor Presentation. 1 st Quarter 2015

Air Arabia. Investor Presentation. 1 st Quarter 2015 Air Arabia Investor Presentation 1 st Quarter 2015 Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material

More information

QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1

QANTAS 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 information

Forward-looking Statements

Forward-looking Statements March 23, 2011 Forward-looking Statements This presentation contains certain forward-looking statements with respect to the Corporation. These forward-looking statements, by their nature, necessarily involve

More information

For personal use only

For 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 information

P esent n atio i n o n f or o H alf l Y e Y ar E n E d n e d d d 31 D ecemb m e b r 2 008

P esent n atio i n o n f or o H alf l Y e Y ar E n E d n e d d d 31 D ecemb m e b r 2 008 Queensland WA & QLD Report Summary Strong revenue growth of 61.8% to $234.5m Strong cash flow from operations of $20.9m Net debt to equity 23.2% Underlying net profit of $8.2m (before goodwill impairment

More information

Delta Air Lines Announces December Quarter Profit

Delta Air Lines Announces December Quarter Profit CONTACT: Investor Relations 404-715-2170 Corporate Communications 404-715-2554, media@delta.com Delta Air Lines Announces December Quarter Profit ATLANTA, Jan. 22, 2013 Delta Air Lines (NYSE:DAL) today

More information

Financial Results Q3 FY15. Financial Results Q3 FY 2015

Financial Results Q3 FY15. Financial Results Q3 FY 2015 Financial Results Q3 FY15 Financial Results Q3 FY 2015 6-February-2015 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Domestic Operating Environment

More information

PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2014 Result Announcement Jakarta, 30 April 2014

PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2014 Result Announcement Jakarta, 30 April 2014 PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2014 Result Announcement Jakarta, 30 April 2014 0 Shareholders & Performance List of Shareholders as of 31 March 2014 Number

More information

Schiphol Group. Annual Report

Schiphol Group. Annual Report Schiphol Group Annual Report 2013 Business model Business model Schiphol Group distinguishes four core activities: Aviation, Consumer Products and Services, Real Estate, and Alliances and Participations.

More information

QANTAS ANNOUNCES PROFIT RESULT YEAR ENDED 30 JUNE 2009

QANTAS ANNOUNCES PROFIT RESULT YEAR ENDED 30 JUNE 2009 QANTAS ANNOUNCES PROFIT RESULT YEAR ENDED 30 JUNE 2009 HIGHLIGHTS Profit before tax of $181 million, in a year when the International Air Transport Association forecast US$9 billion in losses for global

More information

Air Berlin PLC l Dusseldorf / Cologne 19 November 2013 Roadshow Bankhaus Lampe

Air Berlin PLC l Dusseldorf / Cologne 19 November 2013 Roadshow Bankhaus Lampe Air Berlin PLC l Dusseldorf / Cologne 19 November 2013 Roadshow Bankhaus Lampe Agenda A. Key investment highlights 3 B. Financial overview 14 C. Conclusion 21 D. Appendix 24 2 airberlin key facts Market

More information

An Overview of SATS. Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013

An Overview of SATS. Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013 An Overview of SATS Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013 Forward Looking Statements This presentation may contain forward-looking statements regarding, among other

More information

THIRD QUARTER 2017 RESULTS 3 rd of November 2017

THIRD QUARTER 2017 RESULTS 3 rd of November 2017 THIRD QUARTER 2017 RESULTS 3 rd of November 2017 2017 THIRD QUARTER 2017: STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE Robust Group traffic statistics +5.1% +4.1% Strong

More information

CREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014

CREDIT 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 information

Icelandair Group Financial Results for the first half and Q2 2007

Icelandair Group Financial Results for the first half and Q2 2007 Icelandair Group Financial Results for the first half and Q2 2007 Total revenue for H1 2007 was ISK 28.1 billion compared to ISK 24.1 billion for H1 2006, an increase of 17%. Total revenue for Q2 2007

More information

Cowen and Company Global Transportation Conference September 6, Andrew Levy Executive Vice President and Chief Financial Officer

Cowen and Company Global Transportation Conference September 6, Andrew Levy Executive Vice President and Chief Financial Officer Cowen and Company Global Transportation Conference September 6, 2017 Andrew Levy Executive Vice President and Chief Financial Officer Safe Harbor Statement Certain statements included in this presentation

More information

FULL YEAR 2017 RESULTS STRONG OPERATING RESULT AND SIGNIFICANT STRENGTHENING OF THE FINANCIAL STRUCTURE

FULL YEAR 2017 RESULTS STRONG OPERATING RESULT AND SIGNIFICANT STRENGTHENING OF THE FINANCIAL STRUCTURE 16 February 2018 FULL YEAR 2017 RESULTS STRONG OPERATING RESULT AND SIGNIFICANT STRENGTHENING OF THE FINANCIAL STRUCTURE FULL YEAR 2017 Robust traffic statistics with 99 million passengers carried, up

More information

Q3 Fiscal 2018 Statistics

Q3 Fiscal 2018 Statistics Q3 Fiscal 2018 Statistics FedEx Corporation Financial and Operating Statistics Third Quarter Fiscal 2018 March 20, 2018 This report is a statistical supplement to FedEx s interim financial reports and

More information

First Quarter 2008 Management s Discussion and Analysis of Results of Operations and Financial Condition

First Quarter 2008 Management s Discussion and Analysis of Results of Operations and Financial Condition of Results of Operations and Financial Condition May 8, 2008 TABLE OF CONTENTS 1. Highlights... 1 2. Introduction... 2 3. Results of Operations First Quarter 2008 versus First Quarter 2007... 4 4. Our

More information

AIRBUS. Member States Shareholder Meeting. Toulouse 4 October 2017

AIRBUS. Member States Shareholder Meeting. Toulouse 4 October 2017 AIRBUS Member States Shareholder Meeting Toulouse 4 October 2017 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates,

More information

AIRBUS H Roadshow Presentation. New York July 31 st, 2017

AIRBUS H Roadshow Presentation. New York July 31 st, 2017 AIRBUS H1 2017 Roadshow Presentation New York July 31 st, 2017 H1 2017 HIGHLIGHTS 2 Healthy commercial aircraft environment; robust backlog of 6,771 a/c supports ramp-up plans H1 financials reflect delivery

More information

Kuwait Airline Industry Report-Update

Kuwait Airline Industry Report-Update May 2011 Industry Research Kuwait Airline Industry Report-Update Report Contents Summary Industry Overview GCC Airline Sector Kuwait Airline Sector - Brief about Kuwaiti Airlines - Kuwait Airways - Jazeera

More information

Investor Relations Update January 25, 2018

Investor Relations Update January 25, 2018 General Overview Investor Relations Update Accounting Changes On January 1, 2018, the company adopted two new Accounting Standard Updates: (ASUs): ASU 2014-9: Revenue from Contracts with Customers (the

More information