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

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

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

Transcription

1 Information meeting

2 Agenda Conclusion of Transform 2015 Key Perform 2020 initiatives Perform 2020 financial framework 2

3 Transform 2015: first phase of group turnaround accomplished Strict capacity discipline Successful renegotiation of labour agreements Operational transformation Upscaling of long-haul offer through investment in product and new partnerships Short and medium-haul restructuring well underway Full-freighter activity significantly downsized Financial targets delivered Reduction in unit cost Significant improvement in profitability Improvement of financial situation 3

4 Transform 2015: strong improvement in profitability and financial situation Full Year EBITDA ( bn) Full Year Operating cash flow bn, before change in WCR and Voluntary Departure Plans Net debt/ebitda ratio sliding 12 months FY 2011 FY 2012 FY 2013 FY 2014 FY 2011 FY 2012 FY 2013 FY 2014 Dec 2011 Dec 2012 Dec 2013 June 2014 FY 2014 vs FY 2011: ~ 900m increase FY 2014 vs FY 2011: ~ 1.2bn increase June 2014 vs Dec 2011: almost halved 4

5 Agenda Conclusion on Transform 2015 Key Perform 2020 initiatives Perform 2020 financial framework 5

6 Perform 2020 priorities: growth and competitiveness Selective development to increase our share of growth markets Smart growth in passenger hub business Transavia development as a pan-european low-cost Profitable service activities around the air transport industry Upgrade products and services to world-class level Product and brand evolution to increase customer focus and capture new revenue opportunities Ongoing focus on competitiveness, within a framework of financial discipline Capacity discipline Cost reduction and more efficient processes, addressing underperforming activities Strict capital discipline, to ensure increase in ROCE and deleveraging 6

7 Maintaining ongoing capacity discipline Capacity growth plan passenger business Change in passenger capacity : +1% to +1.5% +1.2% ~1.2% of which Long-haul: ~2% Hub feeding: ~0% Point-to-point: negative +0.6%

8 Long-haul product: 2/3 of fleet equipped with new product by Summer 2017 New World Business Class already deployed on 22 KLM aircraft B777 fleet to follow as of September First Air France 777 equipped with new cabins launched in June 2014 Strongly positive qualitative feedback New Air France La Première suite launch in September 2014 On top of Best first-class lounge in the world Skytrax award 8

9 Smart growth in passenger hub business Stronger differentiation of brands Broader access to growth thanks to well-balanced long-haul network Building joint-ventures and strategic partnerships in all key markets, with a focus on Asia- Pacific Leverage dual-hub structure Further adapt medium-haul hub feeding network Efficiency initiatives in hub operations Hub (1) operating result 400 ~ (1) Long-haul + short and medium-haul hub feeding 9

10 Effective segmentation of short and medium-haul point-to-point Business/network driven segment High network quality: destinations, schedule, frequency Differentiated offer and distribution per segment Includes attractive prices, especially to capture non-business travel Leisure/price driven segment Route driven, point-to-point Simple, transparent offer, at sharp prices Options at a fee Direct distribution 10

11 Perform 2020: aiming for point-to-point breakeven in 2017 Point-to-point operating result ( m) Breakeven ~ Further restructuring of network Further cost reduction ~-140 ~50 Full impact of Transform 2015 measures 3 4 Repositioning of offer Reorganization in single business unit Breakeven in 2017 and profitable beyond 11

12 Cost per ASK Short and medium-haul leisure market: unit cost is the key factor in achieving profitable growth cents per ASK, Source: Airline business, financial reports 9,00 Cost per ASK vs stage length 8,00 Air Berlin 7,00 Air Europa 6,00 easyjet Vueling Pegasus Norwegian Transavia Jet2 Monarch 5,00 Wizz 4,00 Ryanair 3,00 2, Stage length (km) 12

13 Transavia: development plan will build on existing solid assets Continue fast growth in Orly Aiming to open 5-10 bases outside of home markets Targeting #2 or #3 market position with 3 to 10 aircraft in each base Building on existing links with home markets Transavia fleet plan (number of aircraft) Solid brand and product positioning Enhanced low fare plus value proposition: pleasant Leveraging group assets Access to slots, especially at Orly Link with Flying Blue Air France-KLM brand endorsement Group sales and distribution Summer 2014 Summer 2015 Base fleet Summer 2016 Short term leases in Summer Summer

14 Transavia in 2017: a solid footprint in the fast growing leisure market, targeting profitability by 2018 Among Top 5 low cost carriers in Europe Low cost leader in the Netherlands Largest international airline at Orly #2 or #3 in 5 to 10 markets outside France and the Netherlands Above 20m passengers in 2017 (versus 9m in 2013) Delivering medium-term operating margin above 5% profitability impacted by on-going ramp-up costs of new bases Reinforcing group position in European markets in the long-run target: 100m additional EBITDAR 88 Transavia EBITDAR target EBITDAR ( m)

15 Further full-freighter fleet reduction in Amsterdam Accelerated phase out of 5 MD11s in Amsterdam On top of phase-out of 5 full-freighters already decided in October 2013 Phasing out of MD11 rather than B747-ERF Maintaining a small full-freighter fleet as important commercial lever to maintain revenue premium in bellies Planned ~400 employee reduction achieved mainly through internal mobility Expecting limited restructuring cost 25 aircraft % Full-freighter capacity (billion ATKs) % 14 aircraft % 5 aircraft 2 777F at CDG 3 747ERF at Amsterdam full-freighters in operation in Amsterdam by /

16 ensuring return to full-freighter profitability by 2017 Full-freighter operating result ( m) An extensive belly network Complemented by 5 full-freighter aircraft representing less than 15% of capacity Strong focus on specialized products Investments in state-of-the-art IT infrastructures and E-developments Further cost reduction and expansion of partnerships A major player in the European cargo sector, with very limited exposure to full-freighter volatility Bellies 85% more than 100 destinations 2017 planned cargo capacity mix Breakeven Full-freighter 15% 5 efficient aircraft 16

17 Maintenance: rapid growth of order book secures significant share of future revenues Growth of order book Order book by region (at 30 June 2014) +55% 4.4bn 5.1bn Europe 34% Americas 24% 3.3bn 3.8bn Africa Middle-East 9% Asia-Pacific 33% Dec 2011 Dec 2012 Dec June target: 50 to 80m additional EBITDAR contribution 17

18 Agenda Conclusion on Transform 2015 Key Perform 2020 initiatives Perform 2020 financial framework 18

19 Continuous reduction in unit cost: targeting a further reduction of 1 to 1.5% per year Net unit cost per EASK in cents, at constant currency, fuel price and pension expense TRANSFORM 2015 Change in unit cost % ~-1.5% -2% Target: -1 to -1.5% per year 19

20 Selective capex management billion Investment plan capex plan breakdown ~ 1.9 ~ 2.2 ~ 2.2 ~ 2.2bn Net Fleet ~ 1.6bn Aircraft maintenance and spare parts 0.9 ~ 1.3 ~ 1.7 ~ 2.0 ~ 2.0 ~ 1.0bn Ground ~ 0.7bn Transavia development ~ 0.9bn Product upgrade Net capex SLB Transavia growth Total capex ~ 6.4bn 20

21 A pragmatic approach to development opportunities Growth opportunities Conditions Further development of Transavia low cost activity Expansion of maintenance business Higher capacity growth in core business, depending on market conditions Selective investments in efficiency Strict hurdle rate for new investments Deleveraging remains our priority Allocating dedicated sources of funding to each project 21

22 Perform 2020 delivering significant increases in profitability billion -200 EBITDAR up 8 to 10% (1) per year Passenger Cargo +xx Low cost Maintenance and other 2.8 EBITDAR 2013 EBITDAR 2017 Restructuring Unit cost reduction Development (1) At constant currency, fuel price and pension cost 22

23 Medium-term financial objectives (2017) EBITDAR up 8 to 10% per year (1) Adjusted net debt (2) to EBITDAR (2) below 2.5 Existing business consistently generating positive free cash flow Significant growth operations funded through dedicated resources Consistent with a ROCE (2) of 9 to 11% in 2017 and beyond (1) At constant currency, fuel price and pension cost (2) See press release for definition 23

24 Air France-KLM in 2020 Long-haul operations at the center of a global network of world class partners An efficient short and medium-haul business including a strengthened low-cost operation A more balanced portfolio of service activities around the air transport industry: cargo, maintenance and catering A strong brand portfolio addressing all customer segments A de-risked business and a deleveraged balance sheet, delivering healthy ROCE Delivering growth and value to shareholders 24

25 Appendix

26 Three operating platforms for passenger air transportation Traffic revenue (2013, bn) Operating profit (2013, m) Long-haul % +800m 20.1bn Short & medium-haul hub feeding % -400m Point-to-point 1.7 9% -220m Transavia 0.9 5% -23m 26

27 Broader access to growth thanks to balanced long-haul network with significant exposure to higher growth markets North America #1 (1) Market position 25 (1) Destinations Latin America #2 Market position 11 Destinations 28% 14% 12.8bn long-haul revenue 20% 27% 11% Caribbean & Indian Ocean #1 Market position Africa & Middle-East #1 Asia-Pacific #2 Market position Destinations 14 Destinations Market position Destinations (1) Including flights and destinations served by Delta as part of JV, Summer 2013 data 27

28 A deep transformation of the business mix Medium-haul capacity (ASK) Cargo capacity (ATK) Hub connection 22% 69% % 31% 23% Point-to-point Transavia Bellies Fullfreighters Hub connection 10% 2017 ~+5% 46% Bellies 85% 15% 43% Point-to-point ~-40% Transavia ~+130% Fullfreighters ~+6% ~-60% 28

29 First Half: key data In millions Q Q (1) Change H H (1) Change Revenues 6,451 6, % 12,005 12, % Change like-for-like (3) +1.7% +1.0% EBITDA (2) m m Operating result m m Net result, group share m m Adjusted net result (2) m m Operating free cash flow (2) m m Net debt at end of period (2) 5,414 5,348 (4) +66 (1)2013 restated for IFRIC 21, CityJet reclassified as discontinued operation (2)See definition in press release (3)Like-for-like: change at constant currency and scope (4)Net debt at 31st December

30 First Half: contribution by business segment Revenue ( bn) Reported Change (%) Change Like for like (1) (%) Op. result ( m) Change ( m) Change Like for like (1) ( m) Passenger 79% % +1.4% Cargo 11% % -1.6% Maintenance 5% % -3.4% Other 5% % +5.2% Total % +1.0% (1)Like-for-Like: At constant currency and scope 30

31 Passenger unit revenue by network in Second Quarter Short and medium-haul point-to-point -7.1% ASK -4.5% RPK 10.6% RASK Total short and medium-haul North America Short and medium-haul hubs -0.7% ASK 1.6% RPK 1.7% RASK 3.6% ASK 4.1% RPK 3.0% RASK 1.3% ASK 3.2% RPK -0.9% RASK Latin America Africa and Middle East Asia 6.9% ASK 5.3% RPK -2.1% RASK 0.0% ASK 3.8% RPK 4.1% RASK -1.9% ASK -0.4% RPK -0.5% RASK Total long-haul Caribbean & Indian Ocean Total 1.5% ASK 3.1% RPK 1.6% RASK 0.6% ASK 5.7% RPK 3.1% RASK 1.0% ASK 2.8% RPK 1.3% RASK 31

32 First Half: change in operating costs m Reported change Change at constant currency 29% Total employee costs including temps 3, % -3.4% 25% Supplier costs (1) excluding fuel and purchasing of maintenance services and parts 3, % +0.6% 12% Aircraft costs (2) 1, % -4.3% 5% 27% Purchasing of maintenance services and parts Operating costs ex-fuel (3) Fuel % +5.3% 9, % -1.8% 3, % -1.5% Grand total of operating costs 12, % -1.7% Capacity (EASK) +1.0% (1)Catering, handling charges, commercial and distribution, landing fees and air-route charges, other external expenses, excluding temps (2)Chartering (capacity purchases), aircraft operating leases, amortization, depreciation and provisions (3)Including other taxes, other revenues, other income and expenses 32

33 Operating free cash flow in First Half Analysis of change in net debt through First Half 2014, in million euros Operating free cash flow*: +95 (H1 2013: +566) 5, Cash flow before VDP, and change In WCR (H1 2013**: 132) -144 Voluntary Departure Plans (H1 2013: -56) Change in WCR (H1 2013: +964) +650 Gross Investments -808 (H1 2013: -585) Sale & Lease-Back +33 Net investments Other including provision on cash held in Venezuela 5,414 FY 2014 expected impact: - 160m Net debt at 31 December 2013 Net debt at 30 June 2014 * Net cash flow from operating activities less net capex on tangibles and intangibles. All amounts excluding discontinued operations. See definition in press release ** 2013 restated for IFRIC 21, CityJet reclassified as discontinued operation 33

34 Financial ratios at 30 June 2014, sliding 12 months 3.5x EBITDAR / adjusted net interest costs (1) 3.7x 3.9x 4.3x Adjusted net debt (2) / EBITDAR 5.4x 4.6x 4.2x 4.0x 31/12/2012* 30/06/2013** 31/12/2013** 30/06/ /12/2012* 30/06/2013** 31/12/2013** 30/06/2014 EBITDA / net interest costs Net debt / EBITDA 4.0x 4.3x 4.6x 5.3x 4.3x 3.2x 2.9x 2.6x 31/12/2012* 30/06/2013** 31/12/2013** 30/06/ /12/2012* 30/06/2013** 31/12/2013** 30/06/2014 * Restated for IAS19 ** Restated for IFRIC 21, CityJet reclassified as discontinued operation (1)Adjusted by the portion of financial costs within operating leases (34%) (2)Adjusted for the capitalization of operating leases (7x yearly expense) 34

35 Outlook for Full Year 2014 Positive effects of Transform 2015 Initial measures fully delivering Additional measures will deliver as of H Operating environment remains tough Persistently weak cargo demand Challenging situation in Venezuela Impact of industry overcapacity on certain long-haul routes EBITDA expected between 2.2bn and 2.3bn Net debt reduction on track towards 2015 objective of 4.5bn 35

36 Update on fuel bill Fuel bill after hedging, in billion dollars (1) $129/bbl 9.3 $118/bbl 9.1 $108/bbl 9.0 $97/bbl 8.7 $86/bbl (1) (1) Jan-Dec Q1 Q2 Q3 Q4 Brent ($ per bbl) (1) Market price Jet fuel ($ per metric ton) (1) % of consumption already hedged 65% 66% 68% 63% 64% (1)Forward curves as of 18 July 2014 Sensitivity computation based on July-December 2014 fuel price 36

37 Debt reimbursement profile at 30 June 2014* % convertible bond ( 661m) Maturity: April 2015 Conv. price: % convertible bond ( 550m) Maturity: Feb Put: Feb Conv. price: % convertible bond ( 420m) Maturity: April nd put: April 2016 Conv. price: Convertible bonds Plain vanilla bonds October 2016: Air France-KLM 6.75% ( 700m) January 2018: Air France-KLM 6.25% ( 500m) June 2021: Air France-KLM 3.875% ( 600m) Other long-term debt - mainly assetbacked (net of deposits ) H Beyond * In millions, net of deposits on financial leases and excluding KLM perpetual debt ( 570m) 37

Third Quarter 2014 Results. 29 October 2014

Third Quarter 2014 Results. 29 October 2014 Third Quarter 2014 Results 29 October 2014 Highlights of the Third Quarter Operating environment Air France-KLM Economic environment remains weak Further currency volatility affecting revenues and results

More information

First Half 2013 Results. 16 mai 2013

First Half 2013 Results. 16 mai 2013 First Half 2013 Results 16 mai 2013 26 July 2013 Results Increasing effects of Transform 2015 Highlights of the First Half A difficult global economic environment Transform 2015 plan roll-out on track

More information

FY 2013 and Q results. Increasing effects of Transform 2015

FY 2013 and Q results. Increasing effects of Transform 2015 FY 2013 and Q1 2014 results Increasing effects of Transform 2015 Key data FY 13 Change (1) Q1-14 Change (2) Revenue ( bn) 25.52 +2,3% (3) 5.55 +0.0% (4) EBITDA (5) ( m) 1,855 +461m -50 +66m Operating result

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

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

FIRST HALF 2016 RESULTS. 27 July 2016

FIRST HALF 2016 RESULTS. 27 July 2016 FIRST HALF 2016 RESULTS 27 July 2016 Highlights of the Second Quarter 2016 Environment Operations Financial highlights High level of geopolitical uncertainties, including Brexit Terrorist attacks in Europe

More information

Full Year 2014 Results. 19 February 2015

Full Year 2014 Results. 19 February 2015 Full Year 2014 Results 19 February 2015 Highlights of the Full Year 2014 Operating environment Air France-KLM Weak economic environment Significant currency volatility Fuel price stable in first 9 months

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

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

AIR FRANCE-KLM RESULTS PRESENTATION

AIR FRANCE-KLM RESULTS PRESENTATION AIR FRANCE-KLM RESULTS PRESENTATION Results as at 30 th of June 2018 1 st August 2018 SECOND QUARTER 2018: KEY HIGHLIGHTS Leveraging ongoing solid demand +0.8% +1.7% Stable operating result before strike

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

Information meeting. 1 st September 2011

Information meeting. 1 st September 2011 Information meeting 1 st September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69

More information

Information meeting. September 2011

Information meeting. September 2011 Information meeting September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69 +505

More information

Information meeting. 12 September 2011

Information meeting. 12 September 2011 Information meeting 12 September 2011 Full Year 2010-11 key data April 2010-March 2011 Revenues in billions Operating result in millions 77% Passenger 18.10 +11.3% -44 +874 13% Cargo 3.16 +29.5% +69 +505

More information

Third Quarter Results

Third Quarter Results 1 Third Quarter 2010-11 Results Highlights of the Third Quarter Passenger business affected by significant disruptions Dynamic cargo activity Strong improvement in results Decline in ex-fuel unit costs

More information

FULL YEAR 2015 RESULTS. 18 February 2016

FULL YEAR 2015 RESULTS. 18 February 2016 FULL YEAR 2015 RESULTS 18 February 2016 Results Highlights of the Full Year 2015 Environment Operations Financial highlights Steep decrease in fuel price Ongoing pressure on unit revenues Weak economic

More information

FULL YEAR 2015 RESULTS. 18 February 2016

FULL YEAR 2015 RESULTS. 18 February 2016 FULL YEAR 2015 RESULTS 18 February 2016 Results Highlights of the Full Year 2015 Environment Operations Financial highlights Steep decrease in fuel price Ongoing pressure on unit revenues Weak economic

More information

FIRST HALF 2017 RESULTS 28 July 2017

FIRST HALF 2017 RESULTS 28 July 2017 FIRST HALF 2017 RESULTS 28 July 2017 2017 SECOND QUARTER 2017: IMPROVING RESULT DRIVEN BY SOLID TRAFFIC AND UNIT REVENUE PERFORMANCE +7.5% Second Quarter 2017: robust Group traffic statistics +5.1% +7.5%

More information

FY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11%

FY key data Passenger. Cargo. Maintenance. Other. Operating result in m. Revenues in bn -10.4% 78% 11% Information meeting FY 2009-10 key data Revenues in bn Operating result in m 78% Passenger 16.3-13.6% -918 11% Cargo 2.4-27.8% -436 5% Maintenance 1.0-4.0% +81 6% Other 1.3-12 -10.4% 2 Our industry is

More 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

Information meeting. Full Year results. June 2011

Information meeting. Full Year results. June 2011 Information meeting Full Year 2010-11 results 1 June 2011 Agenda 2010-11: Recovery in activity and return to profitability 2011: Ongoing actions and reinforced strategic advantages 2 2010-11: Strong improvement

More information

First Half 2017 results Result improvement driven by solid traffic and unit revenue performance

First Half 2017 results Result improvement driven by solid traffic and unit revenue performance 28 th July 2017 2017 results Result improvement driven by solid traffic and unit revenue performance FIRST HALF 2017 Robust traffic resulting in an improved load factor, up 1.4 pts compared to last year

More information

1 st Quarter Results FY

1 st Quarter Results FY 1 st Quarter Results FY 2004-05 05 Q1 Highlights p Context 8Improving economic context 8Strong economic growth in Americas and Asia 8Modest economic recovery in Europe 8Soaring fuel prices 8IPE Brent up

More information

million euros to 5.3 billion euros

million euros to 5.3 billion euros 0 th February 014 FULL YEAR 0 RESULTS 0 RESULTS ON TRACK DESPITE CHALLENGING CONTEXT C T Revenues up.3% at constant currency to 5.5 billion euros EBITDA 1 improvement of 461 million euros to 1,855 million

More information

31 October 2018 RESULTS AS AT 30 SEPTEMBER 2018 Good resilience of operating result thanks to revenue performance and unit cost reduction

31 October 2018 RESULTS AS AT 30 SEPTEMBER 2018 Good resilience of operating result thanks to revenue performance and unit cost reduction 31 October 2018 RESULTS AS AT 30 SEPTEMBER 2018 Good resilience of operating result thanks to revenue performance and unit cost reduction THIRD QUARTER 2018 Air France-KLM commercial teams delivered a

More information

RESULTS AS AT 30 th JUNE 2018 Positive unit revenue securing stable operating result excluding strikes

RESULTS AS AT 30 th JUNE 2018 Positive unit revenue securing stable operating result excluding strikes 1 st August 2018 RESULTS AS AT 30 th JUNE 2018 Positive unit revenue securing stable operating result excluding strikes SECOND QUARTER 2018 Air France-KLM leveraged the solid ongoing demand to generate

More information

UBS Transport Conference September 15 th Jean-Cyril Spinetta

UBS Transport Conference September 15 th Jean-Cyril Spinetta UBS Transport Conference September 15 th 2008 Jean-Cyril Spinetta Air France-KLM key operating data Fiscal year 2007-08 The number one airline worldwide in terms of revenues* and number one in Europe in

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

First Quarter Results August 31 st, 2006

First Quarter Results August 31 st, 2006 First Quarter Results 2006-07 August 31 st, 2006 Key features of the First Quarter Market context Sustained global economic growth, and a recovery in Europe Average jet fuel price of 691 $/t, up 25% year-on-year

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

20 February 2019 FULL YEAR 2018 RESULTS Resilient results despite the impact of strikes and fuel bill increase

20 February 2019 FULL YEAR 2018 RESULTS Resilient results despite the impact of strikes and fuel bill increase 20 February 2019 FULL YEAR 2018 RESULTS Resilient results despite the impact of strikes and fuel bill increase FULL YEAR 2018 More than 100 million passengers carried, the leading European group for long-haul

More information

2012 Result. Mika Vehviläinen CEO

2012 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 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

Analysts and Investors conference call. Q results. 15 May 2013

Analysts 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 information

Thank you for participating in the financial results for fiscal 2014.

Thank 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 information

SAS Group Q2 2012/13. Q2 Restructuring programme moving KPIs in the right direction

SAS Group Q2 2012/13. Q2 Restructuring programme moving KPIs in the right direction SAS Group Q2 2012/13 1 Q2 Restructuring programme moving KPIs in the right direction Operating revenues +1.6%* Yield improvement of +2.7%* Forceful implementation of 4XNG plan: Unit cost down by 10.7%

More information

Second Quarter to 30th September

Second Quarter to 30th September 22 nd November 2007 FINANCIAL YEAR 2007-08 EXCELLENT SECOND QUARTER Operating income up 27.6% to 725 million euros Adjusted 1 operating margin of 12%, up 2 points Net income up 97% to 736 million euros

More information

Interim results. 11 May 2010

Interim results. 11 May 2010 Interim results 11 May 2010 Introduction Andy Harrison Chief Executive Officer Strong performance despite disruption Improvement in revenue, margins and cash Continued network improvement has driven better

More information

Finnair Q Result

Finnair Q Result Finnair Q1 2015 Result 7 May 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Turbulent market environment The weakness of the Finnish economy continued to be reflected in the demand in the first

More information

Cathay Pacific Airways Annual Results 10 March Cathay Pacific Airways Interim Results 6 August 2008

Cathay Pacific Airways Annual Results 10 March Cathay Pacific Airways Interim Results 6 August 2008 Cathay Pacific Airways 2009 Annual Results 10 March 2010 Cathay Pacific Airways 2008 Interim Results 6 August 2008 Annual Result 2009 2008 (restated) Group Profit/(Loss) HK$4,694m (HK$8,696m) Group Turnover

More information

Finnair Q Result

Finnair Q Result 17 August 2016 CEO Pekka Vauramo CFO Pekka Vähähyyppä Finnair Q2 2016 Result 1 Highlights of the second quarter The seventh consecutive quarter of profit improvement Fukuoka & Guangzhou route openings

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

IAG results presentation. Quarter One th May 2018

IAG results presentation. Quarter One th May 2018 IAG results presentation Quarter One 2018 4 th May 2018 Highlights Willie Walsh, Chief Executive Officer Highlights Another strong quarter performance with an operating profit of 280m (5.6% margin, +2.3pts)

More information

SAS Group Q Teleconference

SAS 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 information

J.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019

J.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 information

IAG results presentation. Quarter Three st October 2014

IAG results presentation. Quarter Three st October 2014 IAG results presentation Quarter Three 2014 31 st October 2014 Q3 financial summary OPERATING PROFIT TOTAL UNIT REVENUE PAX UNIT REVENUE 900m (reported, pre-exceptional items) -1.9% (constant FX) -0.9%

More information

Air Berlin PLC AGM 06 June 2013 London

Air 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 information

SAS Q3 2016/

SAS Q3 2016/ 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

Finnair Q Result

Finnair Q Result Finnair Q2 2015 Result 14 August 2015 CEO Pekka Vauramo, Interim CFO Mika Stirkkinen 1 Market environment shows signs of improvement There were signs of a recovery in the demand for consumer and business

More information

Information meeting. Jean-Cyril Spinetta Chairman and CEO

Information meeting. Jean-Cyril Spinetta Chairman and CEO Information meeting Jean-Cyril Spinetta Chairman and CEO Forward-looking statements The information herein contains forward-looking statements about Air France-KLM and its business. These forward-looking

More information

Air China Limited Interim Results. August Under IFRS

Air 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 information

SAS Q2 2017/2018 TELECONFERENCE

SAS Q2 2017/2018 TELECONFERENCE SAS Q2 2017/2018 TELECONFERENCE 30 May 2018 Earnings as expected despite negative currency effect POSITIVES + Total revenue up MSEK 73 vs. LY + Currency adjusted yield up 0.6% vs. LY + EB-point sale revenue

More information

SAS Q1 2016/

SAS Q1 2016/ SAS Q1 2016/2017 08.03.2017 Weak Q1 as expected new structural actions underway Q1 in summary Positives + Currency adjusted passenger revenue up 5% + Strong development of ancillary revenues + Passengers

More information

AIR CANADA REPORTS 2010 THIRD QUARTER RESULTS; Operating Income improved $259 million or 381 per cent from previous year s quarter

AIR CANADA REPORTS 2010 THIRD QUARTER RESULTS; Operating Income improved $259 million or 381 per cent from previous year s quarter AIR CANADA REPORTS 2010 THIRD QUARTER RESULTS; Operating Income improved $259 million or 381 per cent from previous year s quarter MONTRÉAL, November 4, 2010 Air Canada today reported operating income

More information

4.5% Decline in unit Improvement June 2011) (restructuring billion euros. Roll out in line. Key data FIRST HALF 5.2%

4.5% Decline in unit Improvement June 2011) (restructuring billion euros. Roll out in line. Key data FIRST HALF 5.2% July 30th 2012 FINANCIAL YEAR 2012 SECOND QUARTER 4.5% rise in revenues to 6.5 billionn euros Decline in unit costs on a constantt currency and fuel price basis Improvement in operating result (-66 million

More information

Analyst and Investor Conference Call Q Ulrik Svensson, CFO and Member of the Executive Board

Analyst 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 information

Full Year 2009 Results

Full Year 2009 Results Full Year 2009 Results 1 Antonio Vázquez Chairman & Chief Executive Officer 2 Highlights 2009 Strong decrease in revenues: weak demand and yield deterioration. High competition and drop of business traffic.

More information

PRESS RELEASE Financial Results. Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue

PRESS 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 information

SAS Group Presentation Carnegie, May 22, 2012 Sture Stölen, Head of IR

SAS 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 information

Part 1 Performance Highlights. Part 2 Business Overview. Part 3 Financial Review

Part 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 information

Strengthened SAS delivers positive result in Q3

Strengthened SAS delivers positive result in Q3 SAS Group Q3 2012/13 1 Strengthened SAS delivers positive result in Q3 Passenger revenues up 5.3% (FX adjusted) 32 new routes introduced Capacity up 7.7% Traffic up 5.6% Yield down 0.6% Restructuring status

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

SAS AB Q December 2018

SAS AB Q December 2018 SAS AB Q4 2018 4 December 2018 Q4 financial highlights Q4 POSITIVES Q4-18 CHANGE VS. Q4-17 Record number of passengers Total revenue up SEK 1bn vs. LY Yield (nominal) up 5.1% vs. LY RASK (nominal) up 7.0%

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

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

Record Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million

Record Result. 2006/07 Full Year Results Investor Presentation. Moved on successfully following bid. Profit before tax % to $1,032 million 2006/07 Full Year Results Investor Presentation August 16 2007 Record Result Moved on successfully following bid Profit before tax + 53.8% to $1,032 million Group returning above Cost of Capital 2 Key

More 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

Q Finnair s growth continued Pekka Vähähyyppä

Q Finnair s growth continued Pekka Vähähyyppä 2018 Finnair s growth continued 25.10.2018 Pekka Vähähyyppä 1 We continued to develop our services and network New route to Los Angeles in 2019, two daily flights to Hong Kong New digital service for exploring

More information

2010 ANNUAL GENERAL MEETING. May 4, 2010

2010 ANNUAL GENERAL MEETING. May 4, 2010 2010 ANNUAL GENERAL MEETING May 4, 2010 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question and answer session, may contain

More information

Finnair 2015 kolmannen vuosineljänneksen tulos

Finnair 2015 kolmannen vuosineljänneksen tulos Finnair 215 kolmannen vuosineljänneksen tulos Q3 Result 215 3 October 215 3.1.215 Toimitusjohtaja Pekka Vauramo Talousjohtaja Pekka Vähähyyppä 1 Highlights of the quarter Excellent Q3 result: Record result

More information

SAS Q3 2017/ August 2018

SAS Q3 2017/ August 2018 SAS Q3 2017/2018 31 August 2018 Strong earnings in peak season POSITIVES Record number of passengers Total revenue up MSEK 936 vs. LY Currency adjusted yield up 1.1% vs. LY EB point sale up 27% vs. LY

More information

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012

Cathay 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 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

Fourth Quarter and Full Year 2011 Results Presentation. February 1, 2012

Fourth 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 information

FY RESULTS ROADSHOW PRESENTATION

FY RESULTS ROADSHOW PRESENTATION 1 FY RESULTS 2014 ROADSHOW PRESENTATION FY 2014 HIGHLIGHTS FOCUS ON EXECUTION 2 Strong financial performance Revenues: 61 bn, +5% vs. 2013 EBIT* before one off: 4.1 bn, +15% vs. 2013 EPS: 2.99, +61% vs.

More information

Bank of America Merrill Lynch Global Transportation Conference. June 16, 2010

Bank of America Merrill Lynch Global Transportation Conference. June 16, 2010 Bank of America Merrill Lynch Global Transportation Conference June 16, 2010 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any

More information

Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010

Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010 Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

2007/08 Full Year Results Investor Briefing

2007/08 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 information

Air Berlin PLC 15 th June, 2016 Annual General Meeting 2016 London

Air Berlin PLC 15 th June, 2016 Annual General Meeting 2016 London Air Berlin PLC 15 th June, 2016 Annual General Meeting 2016 London Despite headwind, airberlin made good progress in 2015 RASK +3.7% Yield +2.0% Load Factor +0.7%pt Ancillary Revenues* +9.2% ASKs -5.4%

More information

Copa Holdings Reports Fourth Quarter and Full Year 2007 Results

Copa Holdings Reports Fourth Quarter and Full Year 2007 Results Copa Holdings Reports Fourth Quarter and Full Year 2007 Results Panama City, Panama --- February 21, 2008. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa Airlines and Aero Republica, today announced

More information

Agenda. Introduction Christine Ourmières-Widener. Financial Review Ian Milne. Performance Update & Outlook Christine Ourmières-Widener

Agenda. Introduction Christine Ourmières-Widener. Financial Review Ian Milne. Performance Update & Outlook Christine Ourmières-Widener 1 Agenda Introduction Christine Ourmières-Widener Financial Review Ian Milne Performance Update & Outlook Christine Ourmières-Widener 2 Strategy of regional connectivity is working Important to UK economy,

More information

Air China Limited Annual Results. March Under IFRS

Air 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 information

STAYING TRUE. BofAML Global Transportation Conference. May

STAYING 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 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

Cathay 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 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 information

Bank 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 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 information

Q Fast growth continued, Comparable operating result at record high levels Pekka Vauramo

Q Fast growth continued, Comparable operating result at record high levels Pekka Vauramo 2018 Fast growth continued, Comparable operating result at record high levels 17.7.2018 Pekka Vauramo 2 A good - Comparable operating result increased to new seasonal high Revenue Comparable operating

More information

Q3 FY 14 IMS Analyst & Investor presentation. 3 months to 30 June 2014

Q3 FY 14 IMS Analyst & Investor presentation. 3 months to 30 June 2014 Q3 FY 14 IMS Analyst & Investor presentation 3 months to 30 June 2014 24 July 2014 1 1 Continued solid performance 1. Drive demand, conversion and yields across Europe Passenger numbers up by 9.4%; load

More information

Heathrow (SP) Limited

Heathrow (SP) Limited Draft v2.0 10 Feb Heathrow (SP) Limited Results for year ended 31 December 2013 24 February 2014 Strong operational and financial performance in 2013 Passenger satisfaction at record high and over 72 million

More information

SAS takes forceful action in a challenging market

SAS takes forceful action in a challenging market SAS Q2 2013/14 1 1 SAS takes forceful action in a challenging market Q2 EBT MSEK -1,078 Disappointing result in a challenging market most European carriers struggle During the last year, capacity has outgrown

More information

ANA HOLDINGS Management Strategy Update

ANA HOLDINGS Management Strategy Update ANA HOLDINGS NEWS ANA HOLDINGS Management Strategy Update TOKYO, April 28, 2017 - ANA HOLDINGS (hereafter ANA HD ) today provides an update to its FY2016-2020 Mid-Term Management Strategy, set out in January

More information

Copa Holdings Reports Record Earnings of US$41.8 Million for 4Q06 and US$134.2 Million for Full Year 2006

Copa Holdings Reports Record Earnings of US$41.8 Million for 4Q06 and US$134.2 Million for Full Year 2006 Copa Holdings Reports Record Earnings of US$41.8 Million for 4Q06 and US$134.2 Million for Full Year 2006 Panama City, Panama --- March 7, 2007. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa

More information

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events Copa Holdings Reports Financial Results for the First Quarter of 2016 Excluding special items, adjusted net income came in at US$69.9 million, or EPS of US$1.66 per share Panama City, Panama --- May 5,

More information

Vueling Airlines 2009 Fourth-Quarter, Full-Year Financial Results. The 100-milion turnaround story

Vueling Airlines 2009 Fourth-Quarter, Full-Year Financial Results. The 100-milion turnaround story Vueling Airlines 2009 Fourth-Quarter, Full-Year Financial Results The 100-milion turnaround story Barcelona, February 23 rd, 2009 Introduction Revenues Operations and costs Outlook for 2010 Vueling has

More information

Santander 20 th Annual Latin America CEO Conference Cancun, January 2016

Santander 20 th Annual Latin America CEO Conference Cancun, January 2016 Santander 20 th Annual Latin America CEO Conference Cancun, January 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

Cathay Pacific Airways Interim Results 04 August Cathay Pacific Airways Interim Results 6 August 2008

Cathay Pacific Airways Interim Results 04 August Cathay Pacific Airways Interim Results 6 August 2008 Cathay Pacific Airways 2010 Interim Results 04 August 2010 Cathay Pacific Airways 2008 Interim Results 6 August 2008 Interim Result 1H 2010 1H 2009 Group Profit/(Loss) HK$6,840m HK$812m Group Turnover

More information

Copa Holdings Reports Net Income of $49.9 million and EPS of $1.18 for the Second Quarter of 2018

Copa Holdings Reports Net Income of $49.9 million and EPS of $1.18 for the Second Quarter of 2018 Copa Holdings Reports Net Income of $49.9 million and EPS of $1.18 for the Second Quarter of 2018 Panama City, Panama --- Aug 8, 2018. Copa Holdings, S.A. (NYSE: CPA), today announced financial results

More information

Media Release. Qantas Group Full Year 2017 Financial Result 1. Sydney, 25 August 2017

Media Release. Qantas Group Full Year 2017 Financial Result 1. Sydney, 25 August 2017 Media Release Qantas Group Full Year 2017 Financial Result 1 Sydney, 25 August 2017 Underlying Profit Before Tax: $1,401 million (second highest in Qantas history) Statutory Profit Before Tax: $1,181 million

More information