BTG Pactual VI Latin American CEO Conference 2015 New York, October 2015

Size: px
Start display at page:

Download "BTG Pactual VI Latin American CEO Conference 2015 New York, October 2015"

Transcription

1 BTG Pactual VI Latin American CEO Conference 2015 New York, October 2015

2 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results. These expectations are highly dependent on the economy, the airline industry, commodity prices, international markets and external events. Therefore, they are subject to change and we undertake no obligation to publicly update or revise any forward looking statements to reflect events or circumstances that may arise after the date of this presentation. More information on the risk factors that could affect our results are contained on our Form 20-F for the year ended December 31, Information, tables and logos contained in this presentation may not be used without consent from LATAM Airlines Group S.A. 2

3 LATAM Business Model 3

4 LATAM is the largest airline group in Latin America Unique regional platform provides LATAM with an exceptional advantage Dom. Colombia 19% market share #2 Dom. Ecuador 37% market share #1 Dom. Brazil 38% market share #1 Dom. Peru 63% market share #1 6 Home markets (~90% of regional traffic) ~50% Market share intra-regional flights 3x its next competitor in terms of revenues Dom. Chile 78% market share #1 Dom. Argentina 27% market share #2 4

5 Investment Highlights Unique regional network with presence in 6 Home markets World class airline operator LATAM Airlines compares to largest international carriers 3x its next largest South American competitor in terms of revenues Strong market position in countries with high growth potential Number 1 or 2 in all the Home markets where LATAM operates 4 different business units with presence in 6 different countries Compared to developed countries, Latin America has low trips per capita rates Diversified business operations Solid long term hub strategy (Santiago, Lima, Brasilia, Sao Paulo) Strong long term traffic growth expectations for the region Low cost business model in all of LATAM s domestic operations Flexible and comprehensive business strategy Maximize efficiency and cost reductions Capture the preference of customers Best network of destinations One of the most modern fleets in Latin America and in the World Average fleet age of ~7.0 years One of the first airlines in the region to start renewing its fleet Lower unscheduled maintenance costs and lower fuel consumption 5

6 20% 19% 19% 18% 18% 18% 18% 17% 17% 16% 16% LATAM Airlines Compares to the Largest International Carriers LTM Revenues (US$ billion) 42,0 40,9 38,4 38,4 30,1 25,4 23,8 19,0 15,1 13,6 13,0 11,8 11,7 11,5 11,5 10,9 4,6 3,7 2,7 2,5 LTM EBITDAR Margin % 25% 23% 23% 22% 22% 21% 13% 10% 9% Source: The Airline Analyst. (1) Emirates figures are for the FY ended March 31 st,

7 Diversified Business Units International Passenger LTM Rev 40% Domestic Brazil LTM Rev 27% Domestic SSC 1 LTM Rev 16% 24 destinations 13.7 million passengers US$ 4.6bn LTM 40 destinations 33.5 million passengers US$ 3.1bn LTM LATAM Airlines Group 71 destinations 5 countries 21.0 million passengers US$ 1.8bn LTM Cargo LTM Rev 14% FFP 143 destinations 1.1 million tons 1.6bn LTM Multiplus 2 : 13.8 million members Lanpass: 9.8 million members Total Rev. 3 = US$ 11,450 mm Note: Information for LTM June 30 st, 2015 (1) The group of Spanish Speaking Countries SSC is composed of Chile, Argentina, Peru, Colombia and Ecuador (2) Multiplus is 73% owned by LATAM. (3) Revenues include total operating revenues and other operating income. Breakdown of passenger revenues are Company estimates 7

8 Latin America Continues to Offer Significant Growth Potential Passenger traffic growth estimates* (RPKs ) Trips per capita 2014** 6.4% 6.3% 6.2% 5.9% Ecuador 0.50 World Average 5.0% 4.4% 3.9% 2.9% Argentina Peru Mexico Brazil Colombia Chile USA 2.68 UK 3.73 Middle East Asia Pacific Latin America Africa CIS Europe North America (*) RPKs to, from and within the continent, according to Boeing. (**) Domestic and international trips by all carriers. Source: Boeing, IATA and LATAM estimates. 8

9 One of the Most Modern Fleets in Latin America and the World LATAM is one of the first airlines in the region to start renewing its fleet The average age of LATAM s fleet is approx. 7.0 years, making it one of the most modern in Latin America and in the world Modern fleet allows for lower unscheduled maintenance costs, lower fuel consumption, and operational and cost efficiencies achieved through operating fewer fleet types Flexible fleet arrangements to respond to market conditions Short Haul Long Haul Seats 2Q Dash Q A A320/N A321/N Total 238 Seats 2Q A B B787-8/ B A B Total 74 A321 Cost per ASK is 9% lower than A320 w/sharklets B787-9 operating cost per ASK is ~21%, 24%, 29% lower than older B767s, A340 and A330, respectively. 9

10 LATAM defined its strategy and aspiration Be the leading airline group in South America and one of the top airline groups in the world Network leadership Customer experience Cost competitiveness We are the best and most convenient option for customers because we offer more destinations with better schedule and competitive price Customers want to choose us because of our customer experience and of what our brand stands for Competitors can t afford pricing us out of existing markets or keep us away from new markets Strengthening the use of regional hubs Strengthen partnership and alliances Manage our fleet models best suited for each market Focus on increasing NPS Focus on generating one brand Reaffirm cost competitiveness Consolidate cost improvement culture 10

11 Network: Strengthening the use of regional hubs Key trends Map of LATAM s hubs 2015 New flights Sao Paolo Barcelona Toronto (Via New York) Cancun Punta del Este Lima Antofagasta Orlando Montevideo Brasilia Orlando Buenos Aires Punta Cana Santiago Milan (Via Sao Paulo) Lima Santiago Bogota North East Brasilia Sao Paulo LATAM hubs Connecting flows Source: LATAM Strategic Planning 11

12 Customer experience: Continuous Improvement Culture & context transformation Digital Increase care perception transforming our client facing leaders. Contingency and Contact Center Wireless entertainment system for personal devices in 68 aircraft. We expect to complete the implementation in all of our narrow body fleet by 1Q16. On-time performance Live Chat now available in flights from SCL, LIM and BOG Flight Status available in LAN.com and LAN APP 2Q15 OTP for LATAM was 88.9%, increasing 4.8 p.p. as compared to 2Q14. 1H15 NPS for TAM increased 7.0 p.p. as compared to 1H14. 12

13 Customer Experience: Continuous Improvement Airport Standardize policies and product Check-in unification implemented at our 10 main airports Self bag tag is being tested in two airports (GRU,BSB) VIP Lounge: GRU, BOG, EZE, SCL LATAM Passenger Service System Cabin unification, inspired by colors and textures of the region, on all of our new B787-9, 5 A321 and 4A320 Harmonization of our in-flight service New Brand implementation TAM will migrate to the SabreSonic CSS technology, improving service as well as efficiency for the Group. Visibility starting 2016 Process of implementation over a 3 year period 13

14 Costs: Realistic Cost Reduction Target of ~5% of Total Operating Costs from Work Fronts Fuel, Fees,& Fleet Operational Labor Overhead Procurement Distribution & Commissions TOTAL Other Crews Contact Center Main Cost Saving Drivers Fuel Efficiency Initiatives Supply Chain Efficiency Project Simplification Project Total Cost of Ownership Passenger Service System Channel Mix Financial and Others Cost Saving Target (%) 2% 7% (3-10%) 20% (15%-25%) 7% 8% 18% 5% US$

15 Costs: Improvement in our cost performance CASK-equivalent 1 ex fuel (US cents) -12.1% 4,2 4,1 4,0 4,2 3, Jun 14 Jun 15 Source: Company estimates ¹ASK-equivalent is the sum of passenger ASKs and the quotient of cargo ATK and (including LAN and TAM cargo operations) 15

16 Financial Results 16

17 Financial Performance in a Challenging Scenario Revenues (US$mm) RASK (US Cents) % * Jun'14 Jun'15 14,00 12,00 10,00 8,00 6,00 4,00 2,00, % 8,3 8,4 8,0 8,2 6,6 2012* Jun'14 Jun'15 Operating Expenses (US$mm) CASK-equivalent (US Cents) (1.000) , % * Jun'14 Jun' % 6,4 6,2 6,1 6,3 5,1 2012* Jun'14 Jun'15 *Proforma information published in LATAM Airlines press release as of Dec 13 Source: Company filings 17

18 Financial Performance in a Challenging Scenario EBIT (US$mm) and Margin (%) Adjusted EBITDAR (US$mm) and Margin (%) (100) 4,9% 0,7% 4,1% 2,1% 4,7% Jun'14 Jun'15 10,0% ,0% (10,0%) (20,0%) (30,0%) 500 (40,0%) 0 (50,0%) 13,9% 16,0% 16,2% 18,7% 14,2% Jun'14 Jun'15 25,0% 15,0% 5,0% (5,0%) (15,0% (25,0% Net Loss (US$mm) 1H2015 FX Loss (US$) (110) (100) (90) (281) (523) 2012* Jun'14 Jun'15 Improvement in operating income despite weak macroeconomic environment Revenues impacted by weak demand in Brazil and currency devaluations. Important reduction in costs driven by lower fuel prices, efficiencies and currency depreciations. Net Results impacted by exchange rate variations *Proforma Information published in LATAM Airlines press release as of Dec 13 Source: Company filings 18

19 LATAM s fleet plan focused on fleet renewal Total aircraft at the end of the year¹ aircraft -22 aircraft +25 aircraft -18 aircraft A B A B A A B A350 Fleet Commitments US$bn Since 2013, we have invested US$ 176 million in restructuring LATAM s fleet and deferred US$2.3 billion of fleet commitments (¹) Note: This fleet plan doesn t include two of its Fs leased in 2014 and an additional Boeing F leased during March

20 Credit Metrics Adjusted Gross Debt / Adjusted EBITDAR Adjusted Net Debt / Adjusted EBITDAR 7,9x 6,1x 6,2x 5,8x 7,2x 4,9x 5,4x 5,1x 2012* Jun'15 LTM Adjusted EBITDAR / Interest Exp. & Rents 2012* Jun'15 LTM Cash and Cash Equivalents as % of Revenues 1,8x 2,4x 2,1x 2,3x 8,5% 19,3% 12,3% 13,1% 2012* Jun'15 LTM 2012* Jun'15 LTM (*) 2012 ratios were calculated with the pro-forma EBITDAR and Revenues published in LATAM Airlines press release as of Dec 13 20

21 LATAM s FX Risk Exposure Reduction Operating exposure 1 Balance sheet exposure Gap between revenues and costs in BRL of 6 p.p. Financial Hedge of: US$310mm covering 2H15 BRL exposure at an average rate of BRL 3.20 per USD. US$ 5mm covering 1Q16 BRL exposure at an average rate of BRL 3.46 per USD. LATAM FX rate composition (%) Balance sheet exposure reduced by: 33 aircraft were transferred from TAM to LATAM to reduce the exposure by approximately US$ 652 million Reduction of TAM s debt in USD Balance sheet exposure (US$bn) Others BRL 100% 100% 13% Others 12% 29% BRL 23% 4,0 USD 58% USD 65% 2,0 <1.0 Revenue Cost 4Q12 4Q13 4Q14 1. Company estimates as of August 11 th,

22 % Total Consumption Hedged Prudent Approach in Managing Oil Price Exposure LATAM has hedged approximately 42% of its estimated fuel consumption for the next year 1 42% 40% 50% 40% 4 Way Collar Collar 25% 25% 10% 10% Q315 Q415 Q116 Q216 Q316 Q416 (1) Company estimates as of August 31 th,

23 Guidance 2015 Guidance Previous Revised ASK Growth International (Long Haul & Regional) 4% - 6% 4% - 6% Brazil Domestic 0% (4%) (2%) SSC domestic 4% - 6% 4% - 6% TOTAL 2% - 4% 2% - 4% ATK Growth (2%) - 0% (2%) - 0% Operating Margin 6% - 8% 3.5% - 5.0% 23

24 Business Units 24

25 International Passenger Business Unit Market Facts Operations 4.6 $ LTM revenues (US$ Bn) % of Total revenues 40% Weak demand in Brazil is offset by adjusting points of sale mix within the region in order to focus on the markets with stronger demand. Passengers (MM) Change (%) % of Total ASKs % 50% Focus on strengthening the use of our regional hubs and our routes to the Caribbean. Highly competitive markets. Strengthen our network through alliances with key partners. Capacity (ASK millions) Unit Revenue (RASK US$ cents) Market Share (%) US S. America 21% Europe-S. America 11% CAGR +0.1% % y-o-y 2.6% y-o-y (11.2%) ,9 7,9 7,6 6, Jun' Jun'15 25

26 Domestic Brazil Passenger Business Unit Market Facts Operations $ % of Total revenues 27% Weak corporate demand and weak GDP growth expectations in Brazil. LTM revenues (US$ Bn) 3.1 Depreciation of the Brazilian real. Passengers (MM) Change (%) % of Total ASKs % 33% Adjusting the domestic network and reducing domestic capacity by approximately 8% to 10% by year-end. Continuous strengthening our hubs in Brasilia and São Paulo/Guarulhos. Capacity (ASK millions) Unit Revenue (RASK US$ cents) /-4% Market Share (%) 37% y-o-y 0.2% ,8 9,2 8,6 y-o-y (28.8%) 6, Jun' Jun'15 26

27 Spanish Speaking Countries ( SSC ) Passenger Business Unit Market Facts Operations $ % of Total revenues 16% Demand growing at a moderate pace. LTM revenues (US$ Bn) 1.8 Depreciation and volatility of local currencies. Passengers (MM) Change (%) % Yields showing improvements when measured in local currencies as compared to % of Total ASKs 17% Capacity (ASK millions) Unit Revenue (RASK US$ cents) Market Share (%) Argentina Chile Colombia Ecuador Peru 27% 78% 19% 37% 63% CAGR 7.2% % y-o-y 4.0% Jun'15 10,2 9,6 9,1 y-o-y (5.5%) 8, Jun'15 27

28 Cargo Business Unit Market Facts Operations 1.6 $ LTM revenues (US$ Bn) % of Total revenues 14% Tons (MM) Change (%) % Weak cargo markets, especially in the Brazilian domestic and international market. Pressure on yields as a result of the competitive scenario and currency depreciation, mainly Brazilian real and the Euro. Focus on maximizing the belly utilization of the passenger fleet. Market Share (%) US Latin America 39% Capacity (ATK millions) Unit Revenue (RASK US$ cents) Europe-Latin America Domestic Brazil 24% 54% /0% y-o-y (2.3%) y-o-y (17.1%) ,4 24,3 23,7 19, Jun' Jun'15 28

29 Thank you LATAM Airlines Group Investor Relations Santiago, Chile (56-2)

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

Bank of America Merrill Lynch Emerging Markets Corporate Conference. Miami, June 2016

Bank of America Merrill Lynch Emerging Markets Corporate Conference. Miami, June 2016 Bank of America Merrill Lynch Emerging Markets Corporate Conference Miami, June 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial

More information

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

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

More information

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

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

More information

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

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

More information

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

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

J.P. Morgan 9 th Annual Global Emerging Markets Corporate Conference. Miami, February 2018

J.P. Morgan 9 th Annual Global Emerging Markets Corporate Conference. Miami, February 2018 J.P. Morgan 9 th Annual Global Emerging Markets Corporate Conference Miami, February 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated

More information

Second quarter 2013 Results Presentation. August, 2013

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

More information

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

LATAM AIRLINES GROUP REPORTS OPERATING INCOME OF US$267 MILLION FOR FOURTH QUARTER 2014 AND US$513 FOR FULL YEAR 2014

LATAM AIRLINES GROUP REPORTS OPERATING INCOME OF US$267 MILLION FOR FOURTH QUARTER 2014 AND US$513 FOR FULL YEAR 2014 LATAM AIRLINES GROUP REPORTS OPERATING INCOME OF US$267 MILLION FOR FOURTH QUARTER 2014 AND US$513 FOR FULL YEAR 2014 Santiago, Chile, March 17, 2015 (NYSE: LFL; IPSA: LAN; BOVESPA: LATM33), the leading

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

Second Quarter 2017 Results Presentation. August 2017

Second Quarter 2017 Results Presentation. August 2017 Second Quarter 2017 Results Presentation August 2017 Second Quarter 2017 Highlights Revenues per ASK increased by 10.3% as a result of proactive capacity management. Operating revenues increased by 7.7%

More information

Fourth Quarter & FY 2008 Results Presentation January 28, 2008

Fourth Quarter & FY 2008 Results Presentation January 28, 2008 Fourth Quarter & FY 2008 Results Presentation January 28, 2008 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

Latin America Airfinance Conference

Latin America Airfinance Conference 13 th Annual Latin America Airfinance Conference 14-15 September 2017 Belmond Copacabana Palace, Rio de Janeiro, Brazil Andres Del Valle Senior Vice President Corporate Finance LATAM Airlines Group From

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

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

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

More information

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

LATAM AIRLINES GROUP REPORTS A 25.8% IMPROVEMENT IN OPERATING INCOME AND NET INCOME OF US$155.3 MILLION FOR FULL YEAR 2017

LATAM AIRLINES GROUP REPORTS A 25.8% IMPROVEMENT IN OPERATING INCOME AND NET INCOME OF US$155.3 MILLION FOR FULL YEAR 2017 LATAM AIRLINES GROUP REPORTS A 25.8% IMPROVEMENT IN OPERATING INCOME AND NET INCOME OF US$155.3 MILLION FOR FULL YEAR 2017 Santiago, Chile, March 14, 2017 LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM),

More information

Results 2Q17. August 9, 2017

Results 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 information

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

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

More information

LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$175.0 MILLION FOR THIRD QUARTER 2018

LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$175.0 MILLION FOR THIRD QUARTER 2018 LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$175.0 MILLION FOR THIRD QUARTER 2018 Santiago, Chile, November 20, 2018 LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM), the leading airline

More information

Avianca Holdings S.A. 1Q 2018 Earnings Presentation 2018

Avianca Holdings S.A. 1Q 2018 Earnings Presentation 2018 Avianca Holdings S.A. 1Q 2018 Earnings Presentation 2018 Disclaimer The present document consolidates information from Avianca Holdings S.A. and its subsidiaries, including unaudited financial figures,

More information

2Q Earnings Results Presentation

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

More information

4Q15 and 2015 Results Presentation. March 30, 2016

4Q15 and 2015 Results Presentation. March 30, 2016 4Q15 and 2015 Results Presentation March 30, 2016 Highlights Paulo Kakinoff CEO Highlights Macro Environment Even more adverse environment for the Brazilian economy, with a GDP drop of 3.8% in 2015 Devaluation

More information

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

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

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

More information

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

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

OPERATING AND FINANCIAL HIGHLIGHTS

OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings Reports Net Income of US$18.6 Million and EPS of US$0.42 for the Second Quarter of 2010 Excluding special items, adjusted net income came in at $26.3 million, or $0.60 per share Panama City,

More information

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events Copa Holdings Reports Net Income of US$113.1 Million and EPS of US$2.57 for the First Quarter of 2015 Excluding special items, adjusted net income came in at US$106.0 million, or EPS of US$2.41 per share

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

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

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

OPERATING AND FINANCIAL HIGHLIGHTS

OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings Reports Net Income of US$32.0 Million and EPS of US$0.72 for the Second Quarter of 2012 Excluding special items, adjusted net income came in at $58.6 million, or EPS of $1.32 per share Panama

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

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

LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$6.5 MILLION FOR SECOND QUARTER 2018, TOTALING US$235 MILLION FOR FIRST HALF 2018

LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$6.5 MILLION FOR SECOND QUARTER 2018, TOTALING US$235 MILLION FOR FIRST HALF 2018 LATAM AIRLINES GROUP REPORTS CONSOLIDATED OPERATING INCOME OF US$6.5 MILLION FOR SECOND QUARTER 2018, TOTALING US$235 MILLION FOR FIRST HALF 2018 Santiago, Chile, August 20, 2018 LATAM Airlines Group S.A.

More information

3Q 2016 Earnings Results Presentation. B787 Dreamliner

3Q 2016 Earnings Results Presentation. B787 Dreamliner 3Q 2016 Earnings Results Presentation B787 Dreamliner 2 The present document consolidates information from Avianca Holdings SA and its subsidiaries, including unaudited financial figures, operational managerial

More information

Citi Annual Latin America Conference New York March 24-26, 2010

Citi Annual Latin America Conference New York March 24-26, 2010 Citi Annual Latin America Conference New York March 24-26, 2010 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

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

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

More information

2Q 2016 Earnings Results Presentation. B787 Dreamliner

2Q 2016 Earnings Results Presentation. B787 Dreamliner 2Q 2016 Earnings Results Presentation B787 Dreamliner 2 The present document consolidates information from Avianca Holdings SA and its subsidiaries, including unaudited financial figures, operational managerial

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

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS Copa Holdings Reports Financial Results for the Third Quarter of 2016 Excluding special items, adjusted net income came in at $55.3 million, or adjusted EPS of $1.30 per share Panama City, Panama --- November

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

Azul Increases Net Income by R$152 Million in 1Q18 Operating margin was a record 12.5% despite the 21% increase in oil year over year

Azul Increases Net Income by R$152 Million in 1Q18 Operating margin was a record 12.5% despite the 21% increase in oil year over year Azul Increases Net Income by R$152 Million in 1Q18 Operating margin was a record 12.5% despite the 21% increase in oil year over year São Paulo, May 10, Azul S.A., Azul, (B3:AZUL4, NYSE:AZUL) the largest

More information

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS Copa Holdings Reports Net Income of US$6.2 Million and EPS of US$0.14 for the Third Quarter of 2015 Excluding special items, adjusted net income came in at $37.4 million, or EPS of $0.85 per share Panama

More information

Volaris Reports Strong First Quarter 2015: 32% Adjusted EBITDAR Margin, 9% Operating Margin

Volaris Reports Strong First Quarter 2015: 32% Adjusted EBITDAR Margin, 9% Operating Margin Volaris Reports Strong First Quarter 2015: 32% Adjusted EBITDAR Margin, 9% Operating Margin Mexico City, Mexico, April 22, 2015 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving

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

OPERATING AND FINANCIAL HIGHLIGHTS

OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings Reports Financial Results for the Fourth Quarter of 2015 Excluding special items, adjusted net income came in at $31.7 million, or EPS of $0.73 per share Panama City, Panama --- February

More information

OPERATING AND FINANCIAL HIGHLIGHTS

OPERATING AND FINANCIAL HIGHLIGHTS Copa Holdings Reports Financial Results for the Fourth Quarter of 2018 Excluding special items, adjusted net profit came in at $44.0 million, or Adjusted EPS of $1.04 Panama City, Panama --- February 13,

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

INVESTOR PRESENTATION. Imperial Capital Global Opportunities Conference September 2015

INVESTOR PRESENTATION. Imperial Capital Global Opportunities Conference September 2015 INVESTOR PRESENTATION Imperial Capital Global Opportunities Conference September 2015 Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private

More information

Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference

Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference Air Berlin PLC Frankfurt, 29 August 2012 DVFA Small Cap Conference 2012 is the transition year business transformation airberlin on its journey to sharpen its profile in the scheduled business Shape &

More information

TOKYO MEETINGS NOVEMBER 2016

TOKYO MEETINGS NOVEMBER 2016 TOKYO MEETINGS NOVEMBER 2016 CONTENTS AEROMEXICO AT A GLANCE BUILDING A STRONG AND FLEXIBLE AIRLINE STRATEGIC INITIATIVES 2 AEROMEXICO: MEXICO S PREMIUM NETWORK CARRIER. Mexico s only full service carrier,

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

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

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

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

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

Virgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1

Virgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1 Virgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1 Summary of H1 FY18 Group Outcomes 2 Group Underlying Profit Before Tax of $102.5 million up 142.3% Group Statutory Profit After Tax of $4.4

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

INVESTOR PRESENTATION. May 2015

INVESTOR PRESENTATION. May 2015 INVESTOR PRESENTATION May 2015 Forward-looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the

More information

NOVEMBER YEAR III LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION

NOVEMBER YEAR III LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION NOVEMBER 2011 - YEAR III MARKETWATCH LATIN AMERICA&CARIBBEAN MID-MARKETS: OPPORTUNITIES IN THE REGION THE REGION IN PERSPECTIVE LAC in Perspective - 2011 Facts % of the world 595 mi people 9,3 $ 5,8 tri

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

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

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

Investor Relations Presentation. March 2018

Investor Relations Presentation. March 2018 Investor Relations Presentation March 2018 Aeromexico: Mexico s premium revenue carrier Aeromexico Delta relationship: A new chapter Building a strong and flexible airline 2 Aeromexico s business model

More information

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events

OPERATING AND FINANCIAL HIGHLIGHTS. Subsequent Events Copa Holdings Reports Net Income of $103.8 million and EPS of $2.45 for the Third Quarter of 2017 Excluding special items, adjusted net income came in at $100.8 million, or EPS of $2.38 per share Panama

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

LAN and TAM announce intention to combine. Investor Presentation August 13, 2010

LAN and TAM announce intention to combine. Investor Presentation August 13, 2010 LAN and TAM announce intention to combine Investor Presentation August 13, 2010 Forward Looking Statements This presentation contains forward-looking statements, including with respect to the negotiation,

More 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

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

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

More information

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

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

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

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

MRO Market Update & Industry Trends

MRO Market Update & Industry Trends January 25-26, 2017 Cancun, Mexico Presented by: Jonathan M. Berger Vice President ICF jberger@icf.com MRO Market Update & Industry Trends 0 Today s Agenda Fleet & MRO Forecast 2016: What a long strange

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

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

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

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

Gerry Laderman SVP Finance, Procurement and Treasurer

Gerry Laderman SVP Finance, Procurement and Treasurer Gerry Laderman SVP Finance, Procurement and Treasurer Safe Harbor Statement Certain statements included in this release are forward-looking and thus reflect our current expectations and beliefs with respect

More information

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

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

More information

Investor Presentation

Investor Presentation Investor Presentation December, 2011 FORWARD-LOOKING STATEMENTS This document contains forward-looking statements, including with respect to the negotiation, implementation and effects of the proposed

More information

Institutional presentation. February, 2016

Institutional presentation. February, 2016 Institutional presentation February, 2016 Company and scenario highlights GOL at a glance - Largest low cost airline in LatAm Standardized fleet of 142 Boeing 737-700 and 800 NG aircraft Shareholder Structure

More information

Corporate Presentation. Miami, FL February 25th, 2015

Corporate Presentation. Miami, FL February 25th, 2015 Corporate Presentation Miami, FL February 25th, 2015 AGENDA LATAM Airlines in figures Cargo Unit Business Update The Company We are one of the ten largest passenger and cargo airlines in the world. PAX:

More information

Finnair Q result. 25 October 2017 CEO Pekka Vauramo

Finnair Q result. 25 October 2017 CEO Pekka Vauramo Finnair Q3 2017 result 25 October 2017 CEO Pekka Vauramo 1 All-time best quarter Revenue up by 15% to record level of 735 M Aircraft flew full, passenger load factor was 87% Asian routes and San Francisco

More information

Copa Holdings Reports Net Income of US$113.9 Million for the Fourth Quarter of 2013

Copa Holdings Reports Net Income of US$113.9 Million for the Fourth Quarter of 2013 Copa Holdings Reports Net Income of US$113.9 Million for the Fourth Quarter of 2013 Panama City, Panama --- February 12, 2014. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the

More information

Avianca Holdings S.A. 4Q 2018 Earnings Presentation

Avianca Holdings S.A. 4Q 2018 Earnings Presentation Avianca Holdings S.A. 4Q Earnings Presentation Disclaimer The present document consolidates information from Avianca Holdings S.A. and its subsidiaries, including unaudited financial figures, operational

More information

Agenda. 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? 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 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

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 Asia Tour Financial Hearing Presentation May 14, 2012

SAS Group Asia Tour Financial Hearing Presentation May 14, 2012 SAS Group Asia Tour Financial Hearing Presentation May 14, 2012 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, MSEK

More information

Larrain Vial Conference. Santiago, Chile March 2009

Larrain Vial Conference. Santiago, Chile March 2009 Larrain Vial Conference Santiago, Chile 16 17 March 2009 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

Management Presentation. May 2013

Management Presentation. May 2013 Management Presentation May 2013 Forward looking statements This presentation as well as oral statements made by officers or directors of Allegiant Travel Company, its advisors and affiliates (collectively

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

Citi Industrials Conference

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

More information

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

Management Presentation. March 2016

Management Presentation. March 2016 Management Presentation March 2016 Forward looking statements This presentation as well as oral statements made by officers or directors of Allegiant Travel Company, its advisors and affiliates (collectively

More information