Corporate Presentation PT Garuda Indonesia (Persero) Tbk
|
|
- Lucas Gibson
- 6 years ago
- Views:
Transcription
1 Corporate Presentation PT Garuda Indonesia (Persero) Tbk JP Morgan s Logistics Ecosystem Forum Singapore, May 2013 Delivering Indonesia s Best to the World 0
2 Agenda 1. Industry Overview 2. Company Overview 3. Recent Developments 4. 1Q-2013 Performance 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. 1
3 2 1. Industry Overview
4 Agenda Asia Pacific will have the biggest air passenger traffic volume billion billion 369 millio n billion billion 151 million billion 416 millio n billion billion Source: Airport Development, IATA 3
5 IMF predicts until 2017 Indonesia will enjoy the highest economic growth as compared to its ASEAN peers Value in % Indonesia is the biggest economy in ASEAN In terms of its fundamentals, INDONESIA IS IN A STRONG POSITION from which to navigate through current global macroeconomic uncertainties (IMF country report, Sep 2012) Source: The World Bank 2011 data, accessed in Nov
6 5 Outlook of the Indonesia s economy until 2030 is promising
7 Indonesia : Unique opportunity within Asia Most populous country in the South East Asia (4th largest in the world) with people distributed across a number of medium - large cities and high density provinces Largest archipelago in the world lending greater importance to air travel; potential for taking market-share from land / sea travel Indonesia: Transportation profile (in million) CAGR By Air By Rail By Sea % +5.77% % Monthly traffic statistic Most populated cities in the region Jakarta & surrounding area 12.0 million Kuala Lumpur 1.6 million Petaling 1.5 million Surabaya 2.6 million Manila 1.7 million Medan 2.0 million Ujung Pandang 1.2 million Singapore 4.6 million Sources: Bloomberg Indonesia: GDP per capita (USD '000) 7,0 6,1 3,0 3,5 3,7 4,1 4,7 5,4 0,8 0,8 0,9 1,1 1,6 1,9 2,2 2,3 1,2 1,3 Source: IMF, World Economic Outlook (WEO), Oct
8 Indonesia is forecast to enjoy a solid air traffic growth for the next three years after a robust economic growth outlook Domestic and International market size to grow at CAGRs of 15% and 10%, respectively, from GA s Domestic and international market share expected to reach 34.4% and 25.9% in 2015, respectively, up from 21.5% and 15.1% in 2012 Domestic Market Size (million) Premium Budget Traveler GA Pax F 2014F 2015F International Market Size (million) Business Leisure GA Pax F 2014F 2015F Note: GA Pax, S-100 seater & Alliance Sources : Dephub, PT. AP I & II, IATA, PATA, Garuda Forecast 7
9 In terms of air traffic, Indonesia has much room to grow Population Air Traffic Numbers are in million 35.2 (663%) (553%) (338%) 22.8 Singapore Hong Kong Australia (280%) 62.3 UK 45.2 (153%) 29.5 Malaysia 80 (32%) Indonesia 8
10 Some Major Airport Development Project Medan Rp 1.6tn, 2013 Balikpapan Rp 1.6tn, 2014 Berau Rp 450bn, 2013 Morotai Rp 150bn, 2014 Jakarta Rp8.4 tn, 2014 Majalengka Rp 8.3tn, 2018 Yogyakarta Rp 3.7tn, 2018 Samarinda Rp1.2tn, 2015 Surabaya Rp 530bn, 2014 Denpasar Rp2.1 tn, 2013 Development project plan for 10 airports reach approximately USD 2,8 billion. Data source : PT. Angkasa Pura I & II, Ministry of Transportation, Investor Daily 9
11 In Summary : Indonesia has Large Market & Big Opportunity for Air Travel Market Traffic Strong Economic Growth Large population Low air travel penetration Robust demand in domestic traffic Growing international tourist traffic, by locals and foreigners Policy 2015: ASEAN Open Sky Policy Competition Infrastructure High competition in LCC domestic segment High competition in FSC and LCC international segment Government priority to develop and improved Airport and Aviation Infrastructures in Indonesia 10
12 11 2. Company Overview
13 Flying High Q Q Q Q Q Q Q Q Q Q 1949 Established in 1949 with first aircraft, Dakota DC First Haji pilgrims flight to Mecca 1973 First subsidiary AWS added to the Group 1976 First deliveries of DC-10, the first wide-body aircraft 1985 New Corporate Identity Avg. Age Number of Passengers (millions) Fleet Size E 2014E 2015E Avg. Age PAX 1990s Garuda Indonesia is ranked among the top 30 carriers in the world 1995 Subsidiary Abacus DSI added to the Group 2002 Subsidiary GMF-AA added to the Group 2005 New managem ent takes over and begins transforma tion 2007 Profitability improves under new manageme nt with a US$17 million net income 2009 Received Best Debt Re Structuring Deal of the Year 2009 in South East Asia (1) EU removed Garuda from its list of banned airlines 2010 Completed debt restructuring Achieved 4 star Skytrack rating Awarded CAPA Airline Turnaround of the Year 2011 IPO completion UPG as 3rd hub Citilink Brand refresh A320 contract for Citilink CRJ1000NG Global Corporate Spin off Citilink Liverpol FC EY Codeshare 12
14 Leading Asian Airline with Dominant Market Share Since embarking on a transformation plan in 2005, GIAA has greatly improved its global and regional rankings and won several international accolades in recognition of its quality performance World Airline Awards Global Airline Rankings 2012 Rank 2011 Rank 1 Qatar Airways* 1 2 Asiana Airlines* 3 3 Singapore Airlines* 2 4 Cathay Pacific Airways* 4 5 ANA All Nippon Airways 11 6 Etihad Airways 6 7 Turkish Airlines 9 8 Emirates 10 9 Thai Airways International 5 10 Malaysia Airlines* Garuda Indonesia Virgin Australia EVA Air Lufthansa Qantas Airways 8 16 Korean Air Air New Zealand 7 18 Swiss Int l Air Lines Air Canada Hainan Airlines* 23 World s Best Regional Airline 2012 Best Regional Airline in Asia 2012 * Airlines with 5-star skytrax rating 13
15 Operational and Safety Aspect IOSA Renewal Certification Audit Garuda is IOSA Certified since 2006 and on August 25, 2012, the IOSA Registration has been re-registered up to 8 Sept 2014 Garuda Indonesia fully complies to global best-practise standards in flight operations, aircraft maintenance including safety management systems implementation. FAA Technical Review on DGCA Indonesia Garuda Indonesia was chosen as sampling operator by FAA on 13 September FAA comments Garuda Indonesia is good, very professional, and impressive. 14
16 Quantum Leap 7 Strategies to Drive Growth Management focuses on implementing the Quantum Leap with 7 main strategies to expand and dominate the Indonesian aviation market. 1 Domestic 2 International Grow and dominate full-service Enormous upside potential 7 Human Capital 3 LCC Right quality and right quantity Citilink to address the LCC Opportunity 6 Cost Discipline Efficient in cost structure compared to peers 5 Brand Stronger brand, better product and services 4 Fleet Expand, simplify and rejuvenate Fleet 15
17 Aiming to complete the 2 nd journey in Growth 2012 Growth 2015 Number of Aircraft 57 53% % 194 Average age (yr) % % 5 ASK/employee (000) 3,761 31% 5,250 67% 8,210 Passenger Carried 9.3 mio 84% 20.4 mio 165% 45.4 mio Frequency/week % 2, % 8,198 Skytrax Rating 3 star + 4 star + 5 star 5 star skytrax airlines : 1. Asiana Airlines 2. Cathay Pacific Airways 3. Hainan Airlines 4. Qatar Airways 5. Singapore Airlines 6. Malaysia Airlines "The key factor behind 5-Star status is an airline's ability to deliver a truly consistent and high quality of Product and Service. A great product standard is not by itself the key to a 5-Star Airline ranking, and Skytrax focus deeply on the Quality of front-line service an airline provides. A 5-Star Airline ranking is centred on identifying airlines whose frontline staff (across the airport and onboard experience) deliver a true and consistent 5-Star standard of service delivery." Sources: skytrax website 16
18 17 3. Recent Development
19 Garuda Indonesia Group 2012 Ops Revenue Contribution % 9% Domestic International Feeder 83% Scheduled Airlines Non-scheduled Airlines Others Key Subsidiaries & Associated Companies Cargo Hajj / Charter Low Cost Carries Hospitality and Tourism MRO Services IT Services Global Distribution Systems Ground Handling Citilink Indonesia Aerowisata GMF AeroAsia Aero Systems Abacus Gapura Angkasa 18
20 Competition on routes which GA flies Garuda Domestic Passengers in/out Selected Airports Garuda International Passengers in/out Selected Airports 24% Total GA Passengers (in million) Market Share 29% 29% 29% 28% 28% 28% 29% 26% 26% 25% 20% Total GA Passengers (in million) 20% 21% 22% 23% 23% Market 24% 24% 25% Share 24% 24% 22% 1,8 2,1 2,4 2,4 2,5 3,0 3,2 3,3 3,1 3,3 3,5 3,5 18% 0,5 0,6 0,7 0,6 0,7 0,8 0,8 0,8 0,8 0,9 0,9 0,9 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 GA Domestic Market Share: 28.2% Traffic in million passenger % 16.3% ,43 11, % 8, % 10.0% 12.4% 27,67 30,43 34,21 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 GA International Market Share: % Traffic in million passenger % % 3,47 3, % 2, % 3.8% 7.7% 9,72 10,09 10,87 Jan-Dec 2010 Jan-Dec 2011 Jan-Dec 2012 Others GA Dom Source: Airport Authority (traffic in/out CGK, DPS, SUB, UPG airports excl. Citilink) Jan-Dec 2010 Jan-Dec 2011 Jan-Dec 2012 Others GA Int'l 19
21 Milestones in 2012 MAR /APR Signed a Global contract with Shell International Ltd. and Standard Chartered Bank New Board Members was appointed by the AGM JUN JUL SEP OCT DEC GMF-AA was appointed as Bombardiers first Authorize Service Facility (ASF) in the Asia Pacific region by Bombardier Aerospace Commercial Aircraft Quasi Reorganization was approved by the AGM Citilink was granted its own Airline Operator Certificate and started operation as an independent airline with an LCC business model Signed a partnership program with Liverpool FC, as part of the campaigns to elevate Garuda s brand to global market Welcome the 1 st delivery of Bombardier aircraft Signed a codesharing partnership agreement with Etihad Airways First regional based for CRJ-1000 at Makassar Shifted the intermediate point from Dubai to Abu Dhabi as a follow up of the codesharing agreement with Etihad Airways 20
22 2012 Highlights Significant Growth GDP growth 6.3% Indonesia Air Traffic Market Growth: 16.2% Market where GA flies, growth 11.3% Indicators Passenger Carried Cargo Uplifted Passenger Yield Operating Revenue Passenger Revenue Operating Income Income for the Period 2012 Achievements D% YoY million ,285 ton 22.2 U$c USD 3.47 billion 12.1 USD 2.69 billion 11.8 USD million 82.0 USD million 72.6 Operating Indicator figures are for Garuda Indonesia and Citilink Financial Indicator figures are for Garuda Indonesia Group 21
23 Route Expansion in 2012 Banda Aceh Amsterdam Medan Tarakan Manado Pekanbaru Ternate Batam Pontianak PadangJambi Palu Gorontalo Palembang Pgk.Pinang Palangkaraya Balikpapan Banjarmasin Kendari Ambon Tjg.Karang Ujung Pandang Jakarta SemarangSurabaya Solo Bandung Denpasar Mataram Yogyakarta Malang Kupang Biak Jayapura Timika Jeddah Abu Dhabi BeijingSeoul Shanghai Osaka Tokyo Guangzhou Taipe Hong Kong Bangkok Kuala Lumpur Singapore Balikpapan Makassar Jakarta Denpasar Surabaya Perth Melbourne Sydney Domestic Network Destinations: 34 (including Tarakan as a new destinations) Average frequencies around 1,940/week vs 1,750/ week last year Additional Frequencies on key routes: Jakarta to Batam, Pekanbaru, Balikpapan, Palembang, Pontianak, Surabaya, Denpasar, Medan, Padang, and Surabaya to Balikpapan New routes: Surabaya to Bandung, Lombok, Semarang; Makasar to Kendari, Lombok, Palu; Balikpapan to Tarakan International Network Destinations: 19 (including Abu Dhabi, Haneda & Taipei as new destinations) Average Frequency 455/week vs 400/week last year New routes: Denpasar to Haneda, Jakarta to Taipei, and Jakarta-Abu Dhabi-Amsterdam Route termination: Denpasar to Nagoya 22
24 Operating Indicators - Group Operational Efficiency Passenger & Cargo Financial % YoY Aircraft Utilization (Hours) 10:40 10:44 0:04 Frequencies 130, , On Time Performance (%) (0.8)* ASK ( 000) 32,473,738 36,013, Average Fuel Price (USD/L) Fuel Burn / RTK (1.4) Fuel Burn / Blockhours 4,145 3,981 (4.0) Passenger Carried 17,073,963 20,415, RPK ( 000) 24,434,662 27,342, Seat Load Factor (%) * Passenger Yield (US ) Cargo/Mail Uplifted (Tonnage) 229, , CASK (US ) CASK-excl Fuel (US ) (0.2) Notes: All figures include GA & Citilink, except aircraft Utilization and OTP are for GA Main Brand only * in percentage points 23
25 Operating Indicators 2012 By Sector % YoY DOM INT L Passenger Carried 12,220,262 13,967, ASK ( 000) 13,340,916 14,955, RPK ( 000) 10,614,847 12,058, Seat Load Factor (%) * Passenger Yield (US ) (2.6) CASK (US ) (1.4) CASK-excl Fuel (US ) (3.0) Passenger Carried 3,227,571 3,586, ASK ( 000) 17,354,809 17,937, RPK ( 000) 12,466,191 13,045, Seat Load Factor (%) * Passenger Yield (US ) CASK (US ) CASK-excl Fuel (US ) Notes: * In percentage point 24
26 Summary of Consolidated Income Statement in USD Mio Jan-Dec 2011 Jan-Dec 2012 % YoY EBITDAR Operating Revenue Operating Expenses Income Scheduled Airline 2, , Non-Scheduled Airline Others Total 3, , Fuel 1, , Non Fuel 1, , Total 3, , Income / Loss from Operations EBT Income / Loss Current Period Comprehensive Income / Loss EBITDAR Margin Nett Margin 17.8 % 2.1 % 19.6 % 3.2 % 25
27 Summary of Consolidated Balance Sheet Asset Liabilities Equities in USD Mio 31 Dec Dec 2012 % YoY Current Assets (15.9) Non-Current Assets 1, , Total Assets 2, , Current Liabilities Non-Current Liabilities Total Liabilities 1, , Total Equities , Total Liabilities & Equities 2, , Lease Adjusted Net Debt/EBITDAR Debt/Equity 4.2 x 0.5 x 4.4 x 0.6 x Net Return on Equity 6.6 % 9.9 % 26
28 Summary of Consolidated Cash Flow Strong operating Cash Flow in 2012 in USD Mio 31 Dec Dec 2012 % YoY Beginning Cash/Cash Equivalents Operating Activities Investing Activities (260.7) (524.4) Financing Activities (74.2) Net Increase (Decrease) in Cash/Cash Equivalents (84.3) (130.5) Effect of Foreign Exchange Rate Changes 10.1 (7.2) (171.5) Ending Cash/Cash Equivalents (21.9) Cash Out Flow from Investing Activities amounted to USD Mio and allocated for: USD was the payment for PDP & Maintenance Reserve Fund USD 18.2 Mio was the payment for Security Deposit USD 73.5 Mio was the refund of PDP 27
29 Q-2013 Performance
30 1Q-2013 Highlights Indicator Passenger Carried Cargo Uplifted Seat Load Factor Passenger Yield Operating Revenue Passenger Revenue Operating Income Income for the Period 1Q13 Achievement D% YoY 5.6 million ,334 tons % 1.7 * US$c 9.01 (4.3) USD million 12.5 USD million USD 20.1 million (20.7) - USD 33.7 million (215.9) Operating Indicator figures are for Garuda Indonesia and Citilink Financial Indicator figures are for Garuda Indonesia Group * in percentage points DOMESTIC Continued Growth in traffic & capacity Impacted by heavy weather in January Impacted by weakening IDR/USD Welcoming 2 CRJ1000NG based in Medan INTERNATIONAL Improved operational & financial performance Impacted by strengthening USD Improved SLF-C CITILINK Improved operational performance Improved domestic market share At an early stage of Investment FINANCIAL Fitch A(idn) Investment grade credit rating 29
31 Milestones 1Q JAN Broaden flight network to 6 New destinations in Europe & Middle East (Frankfurt, Brussel, Milan, Dusseldorf, Munich, Bahrain) that served by Etihad Airways Extended Immigration on Board Agreement Launched Immigration at The Lounge & Fast Track Service for GFF Platinum member Best Long-haul Airline Food, Asia Pacific Food Airline Awards 2012 from Skyscanner FEB Garuda Indonesia and General Electric (NYSE:GE) launched the CFM56-7B engine shop capability for the Garuda Maintenance Facility (GMF AeroAsia) Launched Garuda Indonesia and Liverpool FC Experience The Best Airline Hajj Season 1433H/2012, from Saudi Arabia General Authorization & Civil Aviation MAR 2012 Domestic Airlines of The Year from Ray Morgan Research, Australia ASEAN Premium Airline of The Year from Frost & Sullilvan, USA Launched Wheelchair Transporter at Soekarno-Hatta International Airport for disable & wheelchair user Earth Hour 2013 Campaign 30
32 Fleet Expansion and Rejuvenation in 1Q-2013 Mar-12 Dec-12 Mar-13 Ops Lease Fin Lease Owned Narrow Body B B B B NG CRJ 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: +6 A CRJ OUT: - 0 Fleet at 31 March Average Fleet Age (years) 7,2 6,6 5,0 Mar'12 Mar' F 31
33 Operating Indicators - Group Operational Efficiency Passenger & Cargo Financial 1Q12 1Q13 % YoY Aircraft Utilization (Hours) 10:44 11:04 0:19 Frequencies 35,817 44, On Time Performance (%) * ASK ( 000) 8,568,110 9,960, Average Fuel Price (USD/L) Fuel Burn / ATK Fuel Burn / Blockhours 3,986 3,950 (0.9) Passenger Carried 4,607,912 5,561, RPK ( 000) 6,236,649 7,420, Seat Load Factor (%) * Passenger Yield (US ) (4.3) Cargo/Mail Uplifted (Ton) 65,488 81, CASK (US ) (4.5) CASK-excl Fuel (US ) (7.7) Notes: All figures include GA & Citilink, except aircraft Utilization and OTP are for GA Main Brand only * in percentage points 32
34 Operating Indicators 1Q13 Mainbrand By Sector 1Q12 1Q13 % YoY Domestic s SLF (%) DOM INT L Passenger Carried 3,195,996 3,451, Frequency 24,750 28, ASK ( 000) 3,551,325 3,959, RPK ( 000) 2,764,601 2,923, Seat Load Factor (%) (4.0)* Passenger Yield (US ) (3.6) CASK (US ) (3.7) CASK-excl Fuel (US ) (6.0) Passenger Carried 834, , Frequency 6,029 6, ASK ( 000) 4,372,810 4,758, RPK ( 000) 3,021,018 3,576, Seat Load Factor (%) * Passenger Yield (US ) (0.5) CASK (US ) (4.7) CASK-excl Fuel (US ) (9.0) JAN FEB MAR 63, ,4 78,0 79,0 77,8 79,2 Note: * In percentage point 33
35 Summary of Consolidated Income Statement in USD Mio 1Q Q-2013 % YoY Operating Revenue Operating Expenses Income EBITDAR Scheduled Airline Non-Scheduled Airline Others Total Fuel Non Fuel Total Income / Loss from Operations (16.7) (20.1) (20.7) EBT (16.0) (27.1) (69.4) Income / Loss Current Period (10.7) (33.7) (215.9) EBITDAR Margin Nett Margin 14.4% 15.6% (1.5%) (4.2%) 34
36 Summary of Consolidated Balance Sheet in USD Mio 31 Dec Mar 2013 % QoQ Asset Liabilities Equities Current Assets (5.2) Non-Current Assets 1, , Total Assets 2, , Current Liabilities Non-Current Liabilities Total Liabilities 1, , Total Equities 1, ,083.6 (2.8) Total Liabilities & Equities 2, , Lease Adjusted Net Debt/EBITDAR Debt/Equity Net Return on Equity 4.4 x 0.6 x 9.9% 4.7 x 0.7 x (3.1%) 35
37 Summary of Consolidated Cash Flow in USD Mio 31 Mar Mar 2013 % YoY Beginning Cash/Cash Equivalents (21.9) Operating Activities (30.6) Investing Activities (110.2) (186.9) 69.6 Financing Activities (18.6) Net Increase (Decrease) in Cash/Cash Equivalents (104.7) (55.9) (46.6) Effect of Foreign Exchange Rate Changes (1.35) (1.28) 4.9 Ending Cash/Cash Equivalents (13.7) Operating Activities Increased on interest & financial charges paid and income taxes paid Investing Activities USD was the payment for PDP & Maintenance Reserve Fund USD 5.9 Mio was the payment for Security Deposit USD 10.1 Mio was the refund of PDP and Maintenance Reserve Fund Financing Activities New Loan: $179.1 million 36
38 1Q-2013 still on Track Estimates 2013E Key Drivers 1Q # of Fleet 112 Passenger 15% 20% 20.7% Carried Growth 15% - 20% ASK Growth 16.2% $ mio Net PDP $ mio $ mio CAPEX * $ 24.9 mio Note: * GA only, excluding subsidiaries 37
39 Recent Developments Network Operation Funding Garuda s New Routes: Medan Palembang vv Medan Padang vv Padang Pekanbaru vv Citilink s New Routes: Jakarta Bengkulu vv Jakarta - Jambi vv Jakarta - Semarang vv Jakarta Pangkal Pinang vv Jakarta Tanjung Karang vv Makassar Jogjakarta vv Jakarta Jogjakarta vv Jakarta Malang vv 2 nd regional based for CRJ-1000 at Medan 15 April 2013 Signing Agreement ALAFCO & Garuda Indonesia for Financing of 2 aircraft B ER with Sharia principles 15 April April April April April April April 2013 IDR Bond: 1 st Registration to OJK 25 Apr
40 Why Invest on Garuda Indonesia? Indonesia Opportunity Rapid Developing Economy Strong Traffic Growth Sustainable Profitability Solid Operating Result, 20% EBITDAR Cost Discipline Proven Management World s Best regional Airlines 2012 Quantum-Leap 39
41 PT Garuda Indonesia (Persero) Tbk. Investor Relations Department 2nd Floor Management Building Garuda City Soekarno Hatta International Airport Phone : investor@garuda-indonesia.com THANK YOU 40
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 informationPT GARUDA INDONESIA (PERSERO) Tbk.
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2013 Result Announcement Jakarta, 30 April 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List
More informationCorporate Presentation PT Garuda Indonesia (Persero) Tbk
Corporate Presentation PT Garuda Indonesia (Persero) Tbk RHB-OSK Hong Kong & ASEAN Corporate Day Hong Kong, 12 September 2013 Delivering Indonesia s Best to the World 0 Agenda 1. Industry Overview 2. Company
More informationPT GARUDA INDONESIA (PERSERO) Tbk.
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation 9Months 2013 Result Announcement Jakarta, 6 November 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List of
More informationPT 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 informationPT 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 informationANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015
ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015 1 Agenda Hal 1. Company Profile 3 8 2. Operational Performance 9 13 3. Financial Performance 14 20
More informationAnalyst Meeting & Presentation 3Q 2012 Result Announcement. Jakarta, 25 October 2012
Analyst Meeting & Presentation 3Q 2012 Result Announcement Jakarta, 25 October 2012 0 0 Shareholder List as of 30 September 2012 Shareholder List as of 30 September 2012 Number of Shares % Domestic Government
More informationPUBLIC 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 informationINVESTOR NEWSLETTER. Full Year 2013 Editions. PT Garuda Indonesia (Persero) Tbk. FY 2012 FY 2013 Change. Summary.
INVESTOR NEWSLETTER PT Garuda Indonesia (Persero) Tbk. Full Year 2013 Editions FY 2012 FY 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 3,472 3,716 7.02% OPERATING EXPENSES 3,304 3,660 10.75%
More information3M 2013 Edition. Share Information : GIAA.IJ / GIAA.JK. Daily Share Price Movements
3M 2013 Edition 3M 2012 3M 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 717 807 12.51% OPERATING EXPENSES 734 827 12.70% INCOME (LOSS) FROM OPERATIONS (17) (20) 20.68% INCOME (LOSS) BEFORE
More informationJakarta, 3 May Analyst Meeting. Q1/ Corporate Performance
Jakarta, 3 May 2018 Analyst Meeting Q1/2018 - Corporate Performance Shares Information 6,750 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 294 6,188.987 600 6,500 6,189 6,250 6,000 550 500
More informationASEAN Conference MACQUARIE Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. 26 August 2015
ASEAN Conference MACQUARIE Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. 26 August 2015 1 Agenda Page 1. Company Profile 3 12 2. Operational Performance 13 17 3. Financial Performance 18 24
More informationDaiwa 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 informationCorporate Presentation
Jakarta, 2 November 2018 Corporate Presentation Q3/2018 - Corporate Performance Shares Information 6,800 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 206 5,976.553 450 6,600 6,400 400 6,200
More information1Q 2014 Edition. Share Information. Daily Share Price Movements
1Q 2014 Edition 1Q 2013 1Q 2014 Change Financial Summary (USD Mio) OPERATING REVENUES 807 807 0.01% OPERATING EXPENSES 827 1,000 20.86% OTHERS (INCOME) 4 25 460.80% INCOME (LOSS) FROM OPERATIONS -20-193
More informationGIAA 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 informationJakarta, 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 informationPassenger: 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 informationCORPORATE 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 informationAir China Limited Annual Results. March Under IFRS
Air China Limited 21 Annual Results Under IFRS March 211 Agenda Part 1 Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook 2 Part 1 Highlights Steady Economic Growth; Asia Pacific
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS. 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2013-14 14 RESULTS 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY13/14 2Q/13 $million
More informationAir China Limited Interim Results. August Under IFRS
Air China Limited 21 Interim Results Under IFRS August 21 1 Agenda 21 Interim Results Overview Business Overview Financial Overview Outlook 2 2 2 21 Interim Results 3 21 Interim Results Overview 4 4 4
More informationAir China Limited 2014 Annual Results Under IFRS
Air China Limited 2014 Annual Results Under IFRS March 2015 Agenda Part 1 Results Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook Part 1 Results Highlights Gradual Global Economic
More informationTHAI AIRWAYS INTERNATIONAL PCL
THAI AIRWAYS INTERNATIONAL PCL 2Q2017 analysts briefing 16-Aug-2017 1 DISCLAIMER The information contained herein is intended to represent the Company s operating and financial position at a given point
More informationCorporate Presentation
Singapore, 29 January 2018 Corporate Presentation Non-Deal Roadshow with Credit Suisse Shares Information 6,500 6,356 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 300 6,355.654 650 6,000
More informationTiger Airways Holdings Limited FY11 Results
Tiger Airways Holdings Limited FY11 Results May 2011 Financial Year Ended 31 March 2011 Disclaimer The information contained in this presentation (the "Information") is provided by Tiger Airways Holdings
More informationJ.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019
J.P. Morgan 2019 Global Emerging Markets Corporate Conference Miami, February 2019 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial
More information2012 Result. Mika Vehviläinen CEO
2012 Result Mika Vehviläinen CEO 1 Agenda Market environment in Q4 Business performance and strategy execution Outlook Financials 2 Market Environment According to IATA, Global air travel continues to
More informationCebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations. cebupacificair.com
Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations cebupacificair.com Disclaimer The information provided in this presentation is provided only for your reference. Such information has
More informationJakarta, 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 informationUBS ASEAN Conference September 2015
UBS ASEAN Conference 2015 2 September 2015 Our Business Food Solutions Airline catering Institutional catering Gateway Services Passenger services and lounge management Ramp and baggage handling Food distribution
More informationPart 1 Performance Highlights. Part 2 Business Overview. Part 3 Financial Review
August 216 1 Part 1 Performance Highlights Part 2 Business Overview Part 3 Financial Review Part 4 Outlook 2 Under IFRS 3 Part 1 Performance Highlights Performance Highlights - Key Operational Metrics
More informationCathay Pacific Airways 2011 Analyst Briefing 23 June 2011
Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q4 FY08
JET AIRWAYS (I) LTD Presentation on Financial Results Q4 FY08 June 24, 2008 1 1 1 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Consolidated Jet
More informationAir Berlin PLC AGM 06 June 2013 London
Air Berlin PLC AGM 06 June 2013 London airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland No. 7 in Europe with 33.3 m guests
More informationCORPORATE STEVE BOOKING SMITH CHANNELS
JAPAN AIRLINES: NAVIGATING THE FUTURE Steve Myer, Tokyo September 30, 2016 CORPORATE STEVE BOOKING SMITH CHANNELS VICE PRESIDENT, GLOBAL & STRATEGIC SALES, THE AMERICAS SEPTEMBER 20, 2016 RENO, NEVADA
More informationCathay Pacific Airways 2012 Analyst Briefing 28 June 2012
Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationBank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference. Miami, May 2018
Bank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference Miami, May 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated
More informationAn 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 informationINVEST IN BOUNTIFUL. THE best performing stock exchange for longterm investors
INVEST IN BOUNTIFUL THE best performing stock exchange for longterm investors the indonesian archipelago: of spice islands and much more more THAN more THAN 17,000 250 ISLANDS MILLION PEOPLE INDONESIA
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2017(FY2016) July 29, 2016
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2017(FY2016) July 29, 2016 Today s Topics P.1 P.2 P.13 From the first quarter of this fiscal year, figures for Revenue Passengers Carried, ASK, RPK and Load
More informationAnalyst Presentation. 9 th June 2006
Analyst Presentation 9 th June 2006 1 Existing Principal Shareholding Structure CITIC Pacific 46.30% 25.40% 10.00% 68.36% CNAC(HK) 43.29% 7.71% 17.79% 28.50% Dragonair Source: Announcement on 9 th June
More informationANA Fact Book All Nippon Airways Co., Ltd. Contents
All Nippon Airways Co., Ltd. Contents 2 Domestic Passenger Market 4 International Passenger Market 5 Cargo Market 6 Haneda and Narita Airports 7 Global Alliance Statistics 8 Aircraft Specifications 9 Consolidated
More informationInternational Civil Aviation Organization. Twenty-Fourth South East Asia ATM Coordination Group (SEACG/24) Bangkok, Thailand, March 2017
International Civil Aviation Organization SEACG/24 IP/08 Twenty-Fourth South East Asia ATM Coordination Group (SEACG/24) Bangkok, Thailand, 06 08 March 2017 Agenda Item 6: ATM Contingency Plans and Search
More informationJet Airways (India) Ltd. Presentation on Annual Results FY06. May 2006
Jet Airways (India) Ltd. Presentation on Annual Results FY06 May 2006 1 Agenda 1. Performance Highlights 2. Sahara Acquisition Update 3. Outlook 2 Performance Highlights 3 Domestic landscape capacity growth
More informationCathay Pacific Airways
Cathay Pacific Airways Annual Results for the year ended 31 st December 2011 14 March 2012 1 Annual Result 2011 2010 Change Group attributable profit HK$5,501m HK$14,048m -60.8% Group Turnover HK$98,406m
More informationAirAsia X Berhad First Quarter 2014 Results - Investor and Analyst Briefing -
AirAsia X Berhad First Quarter 2014 Results - Investor and Analyst Briefing - Disclaimer Information contained in our presentation is intended solely for your reference. Such information is subject to
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2018(FY2017) July 31, 2017 Today s Topics P.1 P.2 P.3 P.4 P.6 P.15 Overview of Financial Results for (FY2017) 1 st quarter resulted in an increase in both
More information$0.7bn total spend. 141,400 arrivals. 4m total nights. 17% dispersed nights 1. Indonesia Market Profile. Performance overview
Market Profile Performance overview In 2013, Indonesia was Australia s 12th largest inbound market for visitor arrivals, the 14th largest market for total expenditure, and 19th for visitor nights. It was
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q July 24, 2009
JET AIRWAYS (I) LTD Presentation on Financial Results Q1 2010 July 24, 2009 1 1 1 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Outlook 2 2 2 Domestic
More informationAnalysts and Investors conference call. Q results. 15 May 2013
Analysts and Investors conference call Q1 2013 results 15 May 2013 Management summary Key messages of Q1 2013 +6% +9% +3.3%p. Q1 2013 operational KPIs are in line with 109.7 116.2 6.5 7.1 82.3 85.6 expectations,
More informationCorporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010
Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation, including
More informationLeaving the Competition Behind. Second Quarter (Apr-Jun) 2009 Results
Leaving the Competition Behind Second Quarter (Apr-Jun) 2009 Results 12 Aug 2009 1 Disclaimer Information contained in our presentation is intended solely for your reference. Such information is subject
More informationCebu Air, Inc. 2Q2014 Results of Operation
Cebu Air, Inc. 2Q2014 Results of Operation 1 Disclaimer This information provided in this presentation is provided only for your reference. Such information has not been independently verified and, as
More informationCebu Air, Inc. Annual Stockholders Briefing. 24 June cebupacificair.com
Cebu Air, Inc. Annual Stockholders Briefing 24 June 2015 cebupacificair.com Business Updates Passengers (M) Operating Statistics 2014: Passenger traffic grew 17.5% to 16.9M. Seat capacity grew 14.8% to
More informationGregg Gildemann Market Analysis
Gregg Gildemann Market Analysis Boeing Commercial Airplanes 20 February 2018 The statements contained herein are based on good faith assumptions are to be used for general information purposes only. These
More informationCebu 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 informationANA HOLDINGS Financial Results for the Three Months Ended June 30, 2018
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Three Months Ended June 30, 2018 TOKYO, July 31, 2018 ANA HOLDINGS INC. (hereinafter ANA HD ) today reports its financial results for the three
More informationIntroduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev
Introduction: Airline Industry Overview Dr. Peter Belobaba Presented by: Alex Heiter & Ali Hajiyev Istanbul Technical University Air Transportation Management M.Sc. Program Network, Fleet and Schedule
More informationAIRASIA BERHAD 21 ST ANNUAL GENERAL MEETING
AIRASIA BERHAD 21 ST ANNUAL GENERAL MEETING 4 JUNE 2014 1 2 FINANCIAL HIGHLIGHTS 3 2013 Overview Malaysia 5.11 Revenue (billion) Operating Profit (billion) 1.03 Net Profit (billion) 0.79 +3% 4.95 1.01-2%
More informationJet Airways (India) Ltd. Presentation on Financial Results Q3 FY th January 2008
Jet Airways (India) Ltd. Presentation on Financial Results Q3 FY08 28 th January 2008 1 1 1 Agenda Performance highlights Q3 FY08 Apr - Dec FY08 Outlook JetLite performance highlights 2 2 2 Performance
More informationAir Berlin PLC AGM 18 June 2014 London
Air Berlin PLC AGM 18 June 2014 London Executive summary (1) Key Highlights 2013 2013: a challenging year for airberlin Operational loss of 231.9 million euros Group revenue down in line with capacity
More informationCathay Pacific Airways Interim Results for the six months ended 30 June 2012
Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 8 August 2012 1 Interim Result 1H2012 1H2011 Change Group attributable (loss) / profit HK$ million (935) 2,808-133.3% Group
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2012-13 13 RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY12/13 2Q/12 $million
More informationANA HOLDINGS Financial Results for FY2014
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for FY2014 TOKYO, April 30, 2015 ANA HOLDINGS (hereafter ANA HD ) today reports its consolidated financial results for fiscal year 2014 (April-March). Highlights
More informationANALYST MEETING 3Q2015
ANALYST MEETING 3Q2015 November 12, 2015 DISCLAIMER The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there
More information2007/08 Full Year Results Investor Briefing
2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved
More informationThank you for participating in the financial results for fiscal 2014.
Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots
More informationAsia-Pacific Aviation: Growth and Challenges
Asia-Pacific Aviation: Growth and Challenges A presentation to the ACI-NA International Aviation Issues Seminar Steve Martin Page 1 Page 2 Defining the Asia Pacific We ll call it GMT +5 GMT +12, minus
More informationInformation 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 informationANA HOLDINGS Financial Results for the Six Months Ended September 30, 2018
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Six Months Ended September 30, 2018 TOKYO, Nov. 2, 2018 ANA HOLDINGS INC. (hereinafter ANA HD ) today reports its financial results for the six
More informationAnalyst and Investor Conference Call Q Ulrik Svensson, CFO and Member of the Executive Board
Analyst and Investor Conference Call Q2 2017 Ulrik Svensson, CFO and Member of the Executive Board Frankfurt, 2 August 2017 Disclaimer The information herein is based on publicly available information.
More informationCHAPTER V CONCLUSION & RECOMMENDATION
CHAPTER V CONCLUSION & RECOMMENDATION 5.1 Conclusion In this case study can be concluded that Garuda Indonesia management team under command of CEO Emirsyah Satar has manage a successful turn-around of
More informationSIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017
SIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017 THE PARENT AIRLINE Q2 AND 1H FY17/18 RESULTS THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE Q2 % 1H % FY17/18 Change FY17/18 Change
More informationAnalysts Briefing. 18 March Cathay Pacific Airways Limited
Analysts Briefing 18 March 2015 Cathay Pacific Airways Limited Annual Results 2014 2013 Change Group attributable profit HK$m 3,150 2,620 +20.2% Group turnover HK$m 105,991 100,484 +5.5% Profit margin
More informationPRESS RELEASE Financial Results. Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue
PRESS RELEASE 2016 Financial Results Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue Kifissia, 23 March 2017 AEGEAN reports full year 2016 results with consolidated revenue at 1,020m,
More informationUBS 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 informationANA s Growth Strategy
ANA s Growth Strategy Shinya Katanozaka Member of the Board of Directors, Senior Executive Vice President All Nippon Airways Co., Ltd. January 08, 2013 ANA s History 2 Rising to the Challenges ~ Always
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2018(FY2017) July 31, 2017 Today s Topics P.1 P.2 P.3 P.4~ P.6~ P.15~ Overview of Financial Results for Mar/18 Mar/18 (FY2017) 1 st quarter resulted in an
More informationCathay Pacific Airways Analyst & Investor Briefing June Cathay Pacific Airways Interim Results 6 August 2008
Cathay Pacific Airways 2010 Analyst & Investor Briefing June 2010 Cathay Pacific Airways 2008 Interim Results 6 August 2008 Airline Strategy Remains largely unchanged Grow our international network, expand
More informationSAS Group Presentation Carnegie, May 22, 2012 Sture Stölen, Head of IR
SAS Group Presentation Carnegie, May 22, 2012 Sture Stölen, Head of IR 1 This is the SAS Group 128 destinations 27,2 million passengers 28 new routes to be launched 2012 1,085 daily flights Revenues 2011,
More informationResults 2Q17. August 9, 2017
Results 2Q17 August 9, 2017 2Q17 Highlights Indicators 2Q17 Var. x 2Q16 ASK (BN) 10.4-3.0% Traffic (000) 7,261-1.3% RPK (BN) 8.1 +0.5% Load Factor 77.9% +2.7 p.p. Yield (R$ cents) 23.2 +4.8% Pax Revenue
More informationAirline industry outlook remains fragile
Airline industry outlook remains fragile June 2009 www.iata.org/economics To represent, lead and serve the airline industry Airline industry outlook remains fragile Green shoots starting to appear Recovery
More informationFinnair Group Annual Report 1 January 31 December 2006
Finnair Group Annual Report 1 January 31 December 2006 2006: A year for restructuring Scheduled Passenger Traffic transforming to meet Asian traffic demands Labour negotiations to cut 670 jobs 80 million
More informationSTAYING TRUE. BofAML Global Transportation Conference. May
STAYING TRUE BofAML Global Transportation Conference May 19 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question
More informationJAPAN 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 informationCathay 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 informationAgenda. I. The Mexican Market. II. What Next in 2012? Financial Results. IV. Key Initiatives (Medium and Long Term)
Agenda I. The Mexican Market II. What Next in 2012? III. Financial Results IV. Key Initiatives (Medium and Long Term) Agenda The Mexican Market Mexico: A Growing Market Mexican equity markets are outperforming,
More information2014 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 informationSantander 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 informationFourth Quarter and Full Year 2011 Results Presentation. February 1, 2012
Fourth Quarter and Full Year 2011 Results Presentation February 1, 2012 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationSAS Group Q Teleconference
SAS Group Q4 2012 Teleconference December 12, 2012 1 Break-even result in 2012 despite 1.6 bn SEK higher fuel cost 23 MSEK EBT (before non-recurring items) despite 1.6 bn SEK higher fuel cost Positive
More informationFinancial Results 3 rd Quarter MAR/2016 (FY2015)
Financial Results MAR/2016 (FY2015) January 29 th, 2016 CONTENTS P.1 P.2 P.3 P.4~ Overview of FY MAR/16 Results Operating Revenue Operating Profit 1,030 1,020 1,010 +1.0Bn 1,022.3 1,023.4 (+0.1%) 180 160
More informationDeutsche 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 informationPRESS RELEASE. First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability
PRESS RELEASE First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability Kifissia, 12 September 2017 AEGEAN announces first half 2017
More informationANA HOLDINGS Financial Results for the Year ended March 31, 2016
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Year ended March 31, 2016 TOKYO, April 28, 2016 ANA HOLDINGS (hereafter ANA HD ) today reports its consolidated financial results for fiscal year
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2017(FY2016) July 29, 2016
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2017(FY2016) July 29, 2016 Today s Topics P.1 P.2 P.13 From the first quarter of this fiscal year, figures for Revenue Passengers Carried, ASK, RPK and Load
More informationAnalyst Meeting 1Q/2015
Analyst Meeting 1Q/2015 DISCLAIMER The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change
More informationSHAPING A SUSTAINABLE FUTURE
SHAPING A SUSTAINABLE FUTURE Full Year Results Year ended 31 March 2017 Analyst and Investor Presentation 8 June 2017 Agenda Introduction Christine Ourmieres-Widener Financial Review Philip de Klerk Performance
More information