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

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

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

Transcription

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

2 Shareholders & Performance List of Shareholders as of 31 March 2014 Number of Shares % Domestic Government of Indonesia 15,653,128, Retail 995,987, Employee 89,683, Institutional (Trans Airways) 3,622,559, Other Institutional (less than 5%) 1,584,792, Total Domestic 21,946,150, Share Performance Price (28 Mar 14, IDR) : 493 Market cap (IDR. mio) : 11,162,011 Number of share : 22,640,996,000 Free Float (%) : week price range : International Retail 4,465, Institutional (less than 5%) 690,379, Total International 694,845, TOTAL 22,640,996, Garuda Indonesia (GIAA) has been only airline listed in IDX since 11 February Member of : Kompas-100 Indeks Saham Syariah IDN ISSI SRI-KEHATI GIAA (RHS) - JCI Index (LHS) 1

3 Agenda Page 1. Review of result 1Q Highlights 3-9 Market & Competition Operational Results Financial Results Subsidiaries Highlights Outlook for the Remaining IMPORTANT DISCLAIMER: Information contained in this document has been prepared from several sources and the Company does not confirm the accuracy and completeness of such data, particularly where the data is sourced from outside the Company. In addition, any forward looking statements are subject to change as a result of market conditions and the final result may be different to that indicated. The Company makes no representation or warranty of any type whatsoever on the accuracy or completion of the information contained herein. 2

4 1Q-2014 Highlights Emirsyah Satar, CEO 3

5 1Q-2014 Operating Performance at a Glance DOMESTIC Passengers carried 14.5% RPK 14.0% Yield in USD 12.8% Yield in IDR 5.7% INTERNATIONAL Passengers carried 1.7% RPK 1.1% Yield in USD 4.9% Yield in IDR 15.3% CITILINK Passengers carried 32.2% RPK 32.2% Yield in USD 1.7% ASK* 17.2% ASK* 20.0% Market passengers carried* 9.8% Market passengers carried* 25% ASK 28.9% GA s domestic performance increased while IDR yield was up 5.7% GA s international performance declined due to USD appreciation (IDR yield was up 15.3%) and new competitors Citilink s performance increased significantly while USD yield was up 1.7% * January - February

6 International Trends & Reasons for Declines International flights are showing mixed trends Our Japan flights keep on improving China and South-East Asia are developing well in line with the market Declining passenger numbers: Australia, Europe and Saudi-Arabia Reasons for declines in certain markets include: Significantly weaker Rupiah vs USD reduces purchasing power for customers from Indonesia for international flights New competitors entering the market or existing ones expanding capacity (combined with predatory pricing strategies to buy market share) Q1 always trends as a low-season period We have reduced capacity due to specific issues in certain markets: o Bangkok riots o Reduced visa issued by Saudi government o Amsterdam flight frequency reduction in line with demand 5

7 Improving the Results We are fully engaged in the market dynamics to improve the results: Flexibility in capacity offered on routes based on demand per day Segmentation of routes based on which pricing strategies are implemented (e.g. Buy market share, defend position, increase yield, increase seat load factor, etc) Launch new routes and increase capacity on certain routes Improve competitiveness by changing product (example: Amsterdam flight to become non-stop with B777) Pulling out of routes that are consistently negative, e.g. Medan-Penang route that has been increasingly dominated by LCCs Improving time table to better suit market demand Making full use of our membership of the SkyTeam Alliance to optimize results 6

8 1Q-2014 Highlights Indicator 1Q-2014 Achievement D% YoY Passenger Carried Cargo Uplifted Seat Load Factor Passenger Yield Operating Revenue Passenger Revenue Operating Income Income for the Period 6.4 million ,608 tons % (6.1)* US$c 8.2 (8.5) USD million 0.0 USD million 0.5 -USD million -USD million Operating Indicator figures are for Garuda Indonesia and Citilink Financial Indicator figures are for Garuda Indonesia Group * in percentage points n.a. n.a. DOMESTIC Continued growth in traffic & capacity Market Share Jan-Feb increase 0.5 ppt Impacted by weakening IDR/USD INTERNATIONAL Passenger Carried & SLF decreased Impacted by weakening IDR/USD and LCC competition CITILINK Improved operational performance and domestic market share At an early stage of Investment FINANCIAL Right Issue was approved by Extraordinary General Meeting 7

9 Milestones 1Q-2014 JAN Premium Arrival Lounge & Baggage Collection at Arrival Hall Terminal -2 Soekarno Hatta International Airport, cooperation with AP 2 & Gapura Angkasa New Partnership Launched in Liverpool between GA & The Reds Liverpool FC FEB Excellent Service Experience Award 2014 category Airline Ground Handling & Airline Cabin Service from Bisnis Indonesia & Carre Center for Customer Satisfaction & Loyalty Moved operation to Terminal 2 Juanda Airport Launched GA International Lounge for First class & Business class at Soekarno-Hatta International Airport MAR Officially joined Sky Team Alliance on March 5, 2014 Rights Issue was approved by Extraordinary General Meeting Implemented SWIFT Maintenance Repair Overhaul to optimize four main process in MRO GFF transformed to Garuda Miles Code share with All Nippon Airways effective on March 30,

10 SkyTeam: GA has officially joined the global alliance on 5 March Destinations 20 Partner Airlines With Over 15,723 daily flights to 1,064 destinations in 178 countries, the SkyTeam network will offer GA customers more destinations and more connections from the best hubs in the world 9

11 10 Market & Competition

12 Competition on routes which GA flies as per February Garuda Domestic Passengers in/out Selected Airports 28.1% 27.5% 27.3% Jan-Feb'12 Jan-Feb'13 Jan-Feb'14 Total GA Passengers (millions) Market Share 28.2% 28.0% 27.8% 27.6% 27.4% 27.2% 27.0% 26.8% Garuda International Passengers in/out Selected Airports % 25.1% 23.6% % 25.0% % % % % Jan-Feb'12 Jan-Feb'13 Jan-Feb'14 Total GA Passengers (millions) Market Share Traffic in million passenger % 11.9% % 0.8 Traffic in million passenger % 4.7% % % 2.2 Jan-Feb 2013 Jan-Feb 2014 Others Citilink GA Dom Source: Airport Authority & GA (traffic in/out CGK, DPS, SUB, UPG, MES airports) Jan-Feb 2013 Jan-Feb 2014 Others GA Int'l 11

13 Operation Growth Compared to Regional Peers ASK Growth YoY 1Q13-1Q % 18.7% RPK Growth YoY 1Q13-1Q % 9.0% 4.0% 0.3% 6.2% -1.8% Passenger Carried Growth YoY 1Q13-1Q % 15.6% 4.3% -0.8% Source: GA s data & Airline s Website 12

14 Garuda Indonesia is one of the most awarded airlines in the world 2013 WORLD S BEST ECONOMY CLASS WORLD S BEST ECONOMY CLASS SEATS 2012 WORLD S BEST REGIONAL AIRLINE Total DOM awards 59 TRAVEL PLUS AIRLINE AMENITY BAG AWARDS 2013 Gold Award for Business Class Unisex Asia/ Oceania By Travel Plus Awards TRAVEL PLUS AIRLINE AMENITY BAG AWARDS 2013 Gold Award for First Class Unisex By Travel Plus Awards Jan-Apr 2014 Total DOM awards 6 WORLD S MOST IMPROVED AIRLINE Total INTL awards 23 TOTAL 82 Total INTL awards 3 TOTAL 9 13

15 1Q-2014 Operational Results 14

16 Fleet Expansion and Rejuvenation in 1Q-2014 Mar-13 Dec-13 Mar-14 Ops Lease Fin Lease / Owned Narrow Body B B B NG CRJ ATR Total Narrow Body Wide Body B B777-ER A A Total Wide Body Citilink B B A Total Citilink TOTAL FLEET # of Aircraft Fleet at 31 Dec IN: Delivery of: +3 B NG 2 ATR OUT: - 2 B NG 1 B Fleet at 31 March Average Fleet Age (years) E Mar'14 15

17 Group Quarterly Performance in the right direction (million) ,817 36,876 38,558 42,015 44,224 48,974 50,301 52,904 53,627 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 Frequency - RHS ASK (000) - LHS RPK (000) - LHS Pax Carried - LHS 60,000 50,000 40,000 30,000 20,000 10,000-1Q13 vs 1Q14 ASK Growth YoY RPK Growth YoY GA-Mainbrand 17.3% 5.7% Citilink 28.9% 32.2% 16

18 Operating Indicators - Group 1Q Q-2014 % YoY Operational Efficiency Passenger & Cargo Aircraft Utilization (Hours) 11:04 10:10-0:53 Frequencies 44,224 53, On Time Performance (%) (2.1)* ASK ( 000) 9,960,325 11,824, Average Fuel Price (USD/L) (1.4) Fuel Burn / ATK (6.3) Fuel Burn / Blockhours 3,950 3,609 (8.6) Passenger Carried 5,561,249 6,427, RPK ( 000) 7,420,510 8,086, Seat Load Factor (%) (6.1)* Passenger Yield (US ) (8.5) Cargo/Mail Uplifted (Ton) 81,334 94, Financial CASK (US ) CASK-excl Fuel (US ) Notes: All figures include GA & Citilink, except aircraft Utilization and OTP are for GA Main Brand only * in percentage points 17

19 Operating Indicators 1Q-2014 Main Brand By Sector 1Q Q-2014 % YoY DOM Passenger Carried 3,451,589 3,951, Frequency 28,948 34, ASK ( 000) 3,959,491 4,664, RPK ( 000) 2,923,133 3,332, Seat Load Factor (%) (2.4)* US$c ,800 1,600 1,400 1,200 1,000 Passenger Yield (US ) (12.8) CASK (US ) Jan Feb Mar 800 INT L CASK-excl Fuel (US ) Passenger Carried 922, ,647 (1.7) Frequency 6,089 7, ASK ( 000) 4,758,098 5,558, RPK ( 000) 3,576,484 3,536,234 (1.1) Seat Load Factor (%) (11.6)* Passenger Yield (US ) (4.9) CASK (US ) ASK (mio) RPK (mio) Yield CASK-excl Fuel (US ) Note: *) In percentage point 18

20 Operating Indicators 1Q-2014 Main Brand & Citilink 1Q Q-2014 % YoY Passenger Carried 4,373,825 4,857, Frequency 35,037 42, Main Brand Citilink ASK ( 000) 8,717,589 10,223, RPK ( 000) 6,499,617 6,868, Seat Load Factor (%) (7.4)* Passenger Yield (US ) (8.4) CASK (US ) CASK-excl Fuel (US ) Passenger Carried 1,187,424 1,570, Frequency 9,187 11, ASK ( 000) 1,242,736 1,601, RPK ( 000) 920,893 1,217, Seat Load Factor (%) * Passenger Yield (US ) CASK (US ) (9.0) CASK-excl Fuel (US ) (11.3) Note: *) In percentage point 19

21 1Q-2014 Financial Results Handrito Hardjono, CFO 20

22 Summary of Consolidated Income Statement in USD mio 1Q Q-2014 % YoY Operating Revenue Operating Expenses Income EBITDAR (94.4) Scheduled Airline Non-Scheduled Airline (53.6) Others (4.1) Total Fuel Non Fuel Total Income / Loss from Operations (20.1) (192.6) n.a. EBT (27.1) (206.8) n.a. Income / Loss Current Period (33.7) (163.9) n.a. EBITDAR Margin Nett Margin 15.6 % 0.87 % (4.2) % (20.3)% 21

23 Revenue Trend in 1Q-2013 vs 1Q-2014 Changes in Operating Revenues (USD mio) +$2.9 (+0.35%) +$3.5 (+0.44%) % -$3.3 (-0.41%) -$3.0 (-0.37%) Passenger Revenue Sustainable passenger revenue, driven by 15.6% growth on passenger carried (additional 0.9 million passengers as compared to 1Q-2013 s) Cargo revenue Cargo & Mail Revenue increased by 7.2% to USD 52.7 million Non-Scheduled Revenue from Non-Scheduled decreased 53.6% to USD 2.9 million 1Q13 Operating Revenue Passenger & Excess Baggage Cargo & Mail Others Non Scheduled 1Q14 Operating Revenue Others Others Revenue decreased by 4.1% to USD 69.5 million 22

24 1Q-2014 Expenses Changes in Operating Expenses (USD mio) $ % $ % Fuel $ % $ % Ticketing & Sales Maintenance $ % Pax Service $ % User Charges & Station +$ % G & A -$ % Others 975 Expense Item PoT* Fuel 38.6% Flight Ops 22.7% Maintenance 8.4% Ticketing & Sales 8.2% 823 Flight Ops Pax Service 7.6% User Charges & Station 7.0% G & A 5.9% 1Q-2013 Operating Expenses 1Q-2014 Operating Expenses Others 1.7% *) PoT=Percentage of Total 23

25 Summary of Consolidated Balance Sheet in USD mio 31 Dec Mar 2014 % Asset Liabilities Equities Current Assets (25.7) Non-Current Assets 2, , Total Assets 2, ,907.6 (1.6) Current Liabilities , Non-Current Liabilities Total Liabilities 1, , Total Equities 1, (13.7) Total Liabilities & Equities 2, ,907.6 (1.6) Lease Adjusted Net Debt/EBITDAR Debt/Equity 5.6 x 0.9 x 7.8 x 1.1 x 24

26 Net Gearing & Debt Breakdown Cash Position & Net Gearing Total Debt Breakdown USD Mio Dec Dec Dec Dec Mar Mar-14 Cash Position % 16% 49% Long term loan Lease Liabilities Short term loan Advance for A/C Purchase & Maintenance Reserve Fund Net Gearing Total Debt on 31 March 2014: USD 1.1 bio Long term Loan includes Bond (US$ 174 mio) 25

27 Summary of Consolidated Cash Flow in USD mio 31 Mar Mar 2014 % YoY Operating Activities Beginning Cash/Cash Equivalents Operating Activities 16.7 (168.2) n.a. (47.9) 26.6 Jan-14 Feb-14 Mar-14 Investing Activities (186.9) (118.9) (36.4) Financing Activities (72.8) Net Increase (Decrease) in Cash/Cash Equivalents (55.9) (256.0) n.a. Effect of Foreign Exchange Rate Changes (1.3) 28.4 n.a. Ending Cash/Cash Equivalents (7.8) (146.9) Investing Activities Payment for PDP & Maintenance Reserve Fund: USD million Payment for Security Deposit: USD 1.2 million Refund of PDP and Maintenance Reserve Fund: USD 9.7 million Financing Activities Proceed of LT-Loan, Bank Loan & financial institutions: $ million Payment of long-term Loan, Bank Loan & financial institutions: $ million 26

28 27 Subsidiaries

29 Summary of Subsidiaries Performance PT Aerowisata (in IDR mio) PT GMF-AA (in USD 000) 1Q-2014 % YoY Operating Revenue 723, Operating Income 24, Net Income 6,309 (43.2) EBITDA 47, Q-2014 % YoY Operating Revenue 61, Operating Income 7, Net Income 4, EBITDA 8, PT Abacus DS Indonesia (in USD 000) 1Q-2014 % YoY Operating Revenue 790 (12.1) Operating Income 30 (64.2) Net Income 55 (32.7) EBITDA 83 (38.3) PT Aero System (in USD 000) 1Q-2014 % YoY Operating Revenue 4,189 (7.3) Operating Income (696) (19.5) Net Income (946) (43.9) EBITDA (60) 24.6 PT Citilink Indonesia (in USD 000) 1Q-2014 % YoY Operating Revenue 77, Operating Income (17,678) 18.8 Net Income (14,772) 27.5 EBITDA (4,373)

30 Outlook for the Remaining 2014 Emirsyah Satar, CEO 29

31 2014 Progress Network Strategic / Operation Full Member of Sky Team Global Alliance New International Destination: London, Manila, Mumbai GMF s new Hangar Denpasar Dedicated Terminal (Domestic) GAPURA Acquisition Citilink Strategic Investor Estimates 1Q-2014 Key Drivers 2014E 141 # of Fleet 169 Average Fleet Age (years)* Passenger 15.6 % 15% 20% Carried Growth 18.7% ASK Growth 15% - 20% Funding Right Issue $ 25.7 mio CAPEX ** $ mio Done Work in Progess Note: * GA s fleet only, not including Citilink ** GA only, excluding subsidiaries 30

32 PT Garuda Indonesia (Persero) Tbk. Investor Relations Department 2nd Floor Management Building Garuda City Soekarno Hatta International Airport Phone : THANK YOU 31

PT GARUDA INDONESIA (PERSERO) Tbk.

PT GARUDA INDONESIA (PERSERO) Tbk. PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Half 2013 Result Announcement Jakarta, 2 September 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List

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

PUBLIC EXPOSE PT Garuda Indonesia (Persero) Tbk Result Announcement. Jakarta, 15 April 2016

PUBLIC EXPOSE PT Garuda Indonesia (Persero) Tbk Result Announcement. Jakarta, 15 April 2016 PUBLIC EXPOSE PT Garuda Indonesia (Persero) Tbk. 2015 Result Announcement Jakarta, 15 April 2016 1 HIGHLIGHTS EBITDAR MARGIN: 32.7% 19% YoY TOTAL REVENUES: US$3.81 billion 3.0% YoY UNSCHEDULED FLIGHT REVENUES

More information

Daiwa Investment Conference Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. Hong Kong, 12 November 2015

Daiwa Investment Conference Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. Hong Kong, 12 November 2015 Daiwa Investment Conference Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. Hong Kong, 12 November 2015 1 Agenda Hal 1. Company Profile 3 12 2. Operational Performance 13 17 3. Financial Performance

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

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

Jakarta, 25 October Analyst Meeting 3Q / 2017

Jakarta, 25 October Analyst Meeting 3Q / 2017 Jakarta, 25 October 2017 Analyst Meeting 3Q / 2017 Shares Information 6,000 5,901 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 334 5,900.854 600 550 5,500 500 5,000 450 4,500 400 350 334

More information

CORPORATE PRESENTATION PT Garuda Indonesia (Persero) Tbk. Jakarta, May 2016

CORPORATE PRESENTATION PT Garuda Indonesia (Persero) Tbk. Jakarta, May 2016 CORPORATE PRESENTATION PT Garuda Indonesia (Persero) Tbk. Jakarta, May 2016 MANAGEMENT Appointed on AGMS April 15, 2016 SAME AS PREVIOUS NEW MEMBER 2 MANAGEMENT - PROFILE AGUS TONI SOETIRTO PLACE/DATE

More information

Corporate Presentation PT Garuda Indonesia (Persero) Tbk

Corporate Presentation PT Garuda Indonesia (Persero) Tbk Corporate Presentation PT Garuda Indonesia (Persero) Tbk JP Morgan s Logistics Ecosystem Forum Singapore, 20-21 May 2013 Delivering Indonesia s Best to the World 0 Agenda 1. Industry Overview 2. Company

More information

Corporate Presentation PT Garuda Indonesia (Persero) Tbk

Corporate Presentation PT Garuda Indonesia (Persero) Tbk Corporate Presentation PT Garuda Indonesia (Persero) Tbk Credit Suisse APAC Transportation Corporate Day Hong Kong, 26 June 2013 Delivering Indonesia s Best to the World 0 Agenda 1. Industry Overview 2.

More information

Jakarta, 26 February Analyst Meeting. FY Corporate Performance

Jakarta, 26 February Analyst Meeting. FY Corporate Performance Jakarta, 26 February 2018 Analyst Meeting FY 2017 - Corporate Performance Shares Information 6,500 6,356 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 300 6,355.654 650 6,000 600 550 5,500

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

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

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

THAI AIRWAYS INTERNATIONAL PCL

THAI 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 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

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

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

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

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

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

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

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

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

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

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

Qantas Airways Limited Alan Joyce, CEO Qantas Airways. Macquarie Australia Conference 3 May 2013

Qantas Airways Limited Alan Joyce, CEO Qantas Airways. Macquarie Australia Conference 3 May 2013 Qantas Airways Limited Alan Joyce, CEO Qantas Airways Macquarie Australia Conference 3 May 2013 Qantas Group: April 2013 2 Delivering on the Group s Strategic Priorities Turning around Qantas International

More information

PRESS RELEASE / NOTICE TO INVESTORS

PRESS RELEASE / NOTICE TO INVESTORS March 25, 2015 PRESS RELEASE / NOTICE TO INVESTORS El Al's CEO David Maimon and its CFO, Dganit Palti, today presented the financial statements for the fourth quarter of 2014 In 2014 the Company's revenues

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

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

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

2Q Earnings Results Presentation

2Q Earnings Results Presentation 2Q Earnings Results Presentation SAFE HARBOR The present document consolidates information from Avianca Holdings S.A. and its subsidiaries, including unaudited financial figures, operational managerial

More information

AIRASIA X. Fourth Quarter and Full Year 2015 Financial Results

AIRASIA X. Fourth Quarter and Full Year 2015 Financial Results AIRASIA X Fourth Quarter and Full Year 2015 Financial Results DISCLAIMER Information contained in our presentation is intended solely for your reference. Such information is subject to change without notice,

More information

Information meeting. Third quarter results. March 2011

Information meeting. Third quarter results. March 2011 Information meeting Third quarter 2010-11 results 1 March 2011 Agenda 2010-11: recovery in activity and return to profitability Current issues Air France-KLM ambitions for the next three years 2 All businesses

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

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

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

2017 Marketing and Communications Conference. November 6, 2017

2017 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 information

Investor Relations Department

Investor Relations Department THAI AIRWAYS INTERNATIONAL Plc. (Year 2008) 1 Table of Contents 1. The Company 2. Statistical Information 3. Tentative Aircraft Delivery 4. Financial Performance 5. Going Forward 2 1. The Company 3 The

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

Cathay Pacific Airways

Cathay Pacific Airways Cathay Pacific Airways Interim Results for the six months ended 30 th June 2014 13th August 2014 1 Interim Results 1H2014 1H2013 Change Profit attributable to the shareholders of Cathay Pacific HK$ million

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

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

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

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

THAI AIRWAYS INTERNATIONAL PCL

THAI AIRWAYS INTERNATIONAL PCL THAI AIRWAYS INTERNATIONAL PCL PHATRA SECURITIES PCL Thai Tourism Day July 4, 2013 1 http://www.thaiairways.com/about-thai/investor-relations/en/investor.html DISCLAIMER The information contained herein

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

1.3% 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

Cathay Pacific Airways Analyst Briefing. 21 November 2014

Cathay Pacific Airways Analyst Briefing. 21 November 2014 Cathay Pacific Airways Analyst Briefing 21 November 2014 Operating Performance Passenger demand remains strong, although growth in North America is significantly short of increase in capacity. Demand for

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

Air Arabia Air Arabia Q Q1 2017

Air Arabia Air Arabia Q Q1 2017 Air Arabia Air Arabia Q2 2017 Investor Investors Presentation Presentation Q1 2017 The Development of Air Arabia Air Arabia - General Overview Company Overview Launched in October 2003, Air Arabia was

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

3rd Quarter Analyst Presentation

3rd Quarter Analyst Presentation SAS Group 3rd Quarter Analyst Presentation London, November 12, 1999 Contents of 3rd Quarter presentation The quarter in brief SAS International Hotels Business review & financial summary Impact from fleet

More information

Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China

Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China Cebu Pacific Air (CEB) Briefing Routes Asia 2012 Chengdu, China April 2012 Outline Who is Cebu Pacific? Business Proposition Support Package Required Who is Cebu Pacific? CEB: The Philippines Largest Carrier

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

SAS AB:s Press Conference. Augusti 14 th 2008

SAS AB:s Press Conference. Augusti 14 th 2008 SAS AB:s Press Conference Augusti 14 th 2008 1 Weak second quarter due to unprecedented challenging market conditions Combination of record high fuel prices and economic slowdown probably largest industry

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

Credit Suisse. 19 th Annual AIC 8 th April Cathay Pacific Airways Limited

Credit Suisse. 19 th Annual AIC 8 th April Cathay Pacific Airways Limited Credit Suisse 19 th Annual AIC 8 th April 2016 Cathay Pacific Airways Limited Annual Results - 2015 Group Financial Statistics 2015 2014 % Var Group Revenue HK$m 102,342 105,991-3.4% Group attributable

More information

Air Arabia Investor Presentation FY / Q4 2016

Air Arabia Investor Presentation FY / Q4 2016 Air Arabia Investor Presentation FY / Q4 2016 The Development of Air Arabia Air Arabia - General Overview Company Overview Launched in October 2003, Air Arabia was the first and is the largest low cost

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

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

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

Cathay Pacific Airways 2011 Interim Results 10 August 2011

Cathay Pacific Airways 2011 Interim Results 10 August 2011 Cathay Pacific Airways 2011 Interim Results 10 August 2011 1 Interim Result 1H 2011 1H 2010 Group profit HK$2,808m HK$6,840m Group turnover HK$46,791 HK$41,337m Profit margin 6.0% 16.5% Return on capital

More information

American Airlines Group Inc.

American Airlines Group Inc. American Airlines Group Inc. Deutsche Bank Leveraged Finance Conference October 4, 2017 Tom Weir Vice President, Treasurer Cautionary Statement Regarding Forward-Looking Statements and Information This

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

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

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

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

JAL Group s s Strategies and Account Settlement for FY2003

JAL Group s s Strategies and Account Settlement for FY2003 JAL Group s s Strategies and Account Settlement for FY2003 (Analyst Briefing) May 7, 2004 Japan Airlines System Corporation 0 JAL 2004 Table of contents Part 1 P1 Part 2 Outline of Accout Settlement for

More information

Virgin Australia Holdings FY13 full year results 30 August 2013

Virgin Australia Holdings FY13 full year results 30 August 2013 Virgin Australia Holdings FY13 full year results 30 August 2013 Year in review Fast tracked major restructuring and transformation program Difficult economic and competitive environment, significant one-off

More information

SIA ENGINEERING COMPANY 1 st Half FY17/18 Financial Review

SIA ENGINEERING COMPANY 1 st Half FY17/18 Financial Review SIA SIA ENGINEERING ENGINEERING COMPANY COMPANY 11 st st Half Half FY17/18 FY17/18 Performance Performance Review Review 1 2 SIA ENGINEERING COMPANY 1 st Half FY17/18 Financial Review 1H17/18 Financial

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

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

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

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

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

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

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

Fundamental Value and Profitable Growth

Fundamental 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 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

Forward looking statements

Forward looking statements 1 Forward looking statements This presentation contains forward-looking statements. Forward-looking statements often include words such as anticipate", "expect", "intend", "plan", "believe, continue or

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

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

Forward looking statements

Forward looking statements Forward looking statements This presentation contains forward-looking statements. Forward-looking statements often include words such as anticipate", "expect", "intend", "plan", "believe, continue or similar

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

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

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

Conference Call 1Q14 Results. Investor Relations May 15, 2014

Conference Call 1Q14 Results. Investor Relations May 15, 2014 Conference Call Results Investor Relations May 15, 2014 1 Highlights 2 Highlights Net revenues of R$2.5 billion in the quarter, an increase of 20% or R$411 million quarter-over-quarter; EBIT totaled R$144

More information

PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011

PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 2010 RESULTS OVERVIEW STRATEGIC & OPERATIONS HIGHLIGHTS NEO SOON HUP CHIEF FINANCIAL OFFICER 2 CONTENTS Focus and Highlights

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

Delta Air Lines Announces $158 Million Quarterly Profit and $1.4 Billion Annual Profit, Excluding Special Items

Delta Air Lines Announces $158 Million Quarterly Profit and $1.4 Billion Annual Profit, Excluding Special Items FOR IMMEDIATE DISTRIBUTION CONTACT: Investor Relations 404-715-2170 Corporate Communications 404-715-2554, media@delta.com news archive at news.delta.com Delta Air Lines Announces $158 Million Quarterly

More information

All Nippon Airways Financial Results Third-Quarter January 30, 2009

All Nippon Airways Financial Results Third-Quarter January 30, 2009 All Nippon Airways Financial Results Third-Quarter 2008 January 30, 2009 1 Contents I. Financial Results FY08 3Q (1) Consolidated Financial Summary (2) Results by Segment II. Air Transportation III. IV.

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

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

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

Long Haul load factors for the month remained strong relative to last February s statistics, but both Domestic and Tasman/PI were lower:

Long Haul load factors for the month remained strong relative to last February s statistics, but both Domestic and Tasman/PI were lower: MONTHLY INVESTOR UPDATE: 27 March 2008 CONTENTS - February market conditions - New aircraft deliveries - Company announcements - Operating statistics table MARKET CONDITIONS Passengers carried across the

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

TUI GROUP INVESTOR PRESENTATION

TUI 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 information

SAS Q3 2016/2017. A strong summer performance drives result improvements CHANGE VS. Q3 FY16

SAS Q3 2016/2017. A strong summer performance drives result improvements CHANGE VS. Q3 FY16 SAS Q3 2016/2017 05.09.2017 A strong summer performance drives result improvements Q3 IN SUMMARY Positives + Currency adjusted passenger revenue up 6.4% + Passengers up by ~300,000 + Ancillary and cargo

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