Jakarta, 3 May Analyst Meeting. Q1/ Corporate Performance
|
|
- Amber Rodgers
- 5 years ago
- Views:
Transcription
1 Jakarta, 3 May 2018 Analyst Meeting Q1/ Corporate Performance
2 Shares Information 6,750 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 294 6, ,500 6,189 6,250 6, , ,500 5,250 5, , MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR PT Garuda Indonesia (Persero) Tbk. (GIAA IJ Equity) Copyright 2017 Bloomberg Finance L.P. 4 April :33:54 (currency in IDR, except stated otherwise) INDICATOR FY/2017 Q1/2018 Average Value 3.02B 3.06B Average Volume 8.59M 9.68M Last Price Market Capitalization 7.77T 7.61T GIAA selected as contributed share in SRI-Kehati Index. 2
3 Significant Improvement on Financial and Maintaining the Operational Performance Value-Driven Aviation Group, Bringing Indonesian Hospitality to the World (US$3.5 Billion) Shareholder Customer Process Employee Maximize group value for better shareholder return among regional airlines, by delivering excellent Indonesian hospitality and world best experiences to customers, while implementing cost leadership & synergy within group, and by engaging passionate & proud employee in one of the most admired company to work for in Indonesia. STRATEGIC THEMES 1 Consolidate 2 World Class 3 Agile, 4 Broaden 5 Partnership & Optimize Customer Efficient, Revenue and Create Strategic Asset Centricity Digitized Beyond Core Portfolio Value FINANCIAL PERFORMANCE OPERATIONAL EXCELLENCE CUSTOMER EXPERIENCE Ops. Revenue US$983.0 Mio (+7.9% YoY) Ops. Expense US$1.0 Bio (+2.5% YoY) Net Profit (Loss) (US$64.3) Mio (+36.5% YoY) EBITDAR US$231.5 Mio (+30.0% YoY) EBITDAR Margin 23.6% Cargo Revenue US$61.3 Mio (+9.1% YoY) Ancillary Rev. US$24.8 Mio (+38.2% YoY) *) Represent only for Garuda Indonesia (Main Brand) 3 Passenger Carried 8.8 Mio (+5.0% YoY) On-Time Performance* Seat Load Factor 88.8% 71.4% Cargo Carried 111.9K Ton (+3.2% YoY) Aircraft Utilization* 9:41 (+0:22 YoY) Pax Yield US 6.3 (+0.6 YoY) CASK US 5.8 (-1.9 YoY) World s 5-Star Airline by Skytrax The Best Airline in Indonesia by TripAdvisor Top 10 - Major Carrier in Asia by Trip Advisor Top 10 - Economy Class in Asia by TripAdvisor
4 Good Progress on 5 Strategic Themes STRATEGIC THEMES 1st Quarter st Quarter Key Indicator Consolidate & Optimize Strategic Asset Re-negotiate contract to lessor & manufactures Improve fleet utilization 9:19 Reduce the number of routes with negative result* contract 9:41 30 routes 2 World Class Customer Centricity Improve on-time performance Increase the percentage of Aviobridge services 86.5% DOM: 58.7% INT: 65.1% 88.8% DOM: 88.4% INT: 98.8% 5-Star rating by Skytrax 3 Agile, Efficient, Digitized Reduce CASK Boost the revenue contributions from owned digital channels** US % (US$50.9 M) US % (US$51.7 M) 4 Broaden Revenue Beyond Core Increase the average fares (Main Brand) US$108.1 US$109.7 Increase total revenue contribution 21.7% 25.7% from subsidiaries Increase cargo revenue US$56.2 M US$61.3 M Increase ancillary revenue US$18.0 M US$24.8 M 5 Partnership and Create Portfolio Value Improve GarudaMiles total members 1.4 M 1.8 M Source: Company Data, March 2018 * Internal Data, 2018 ** Website, Mobile Apps, & Call Center 4
5 Operating Revenues Increased by 7.9% YoY; Cut Losses by 36.5% YoY (currency in million USD, except stated otherwise) INDICATOR Q1/2017 Q1/2018 % YoY REVENUE EBITDAR Scheduled Airline Service Non-Scheduled Airline Service (16.9) Others* Operating Revenues EXPENSES Fuel Aircraft Rental Others (0.2) Total Expense 1, , PROFIT (LOSS) EBIT (112.9) (66.1) 41.5 EBT (132.3) (83.8) 36.7 Net Income (101.2) (64.3) 36.5 Comprehensive Income (98.4) (67.6) 31.3 *) Subsidiaries (Non-Airlines) & Strategic Business Unit (SBU) EBITDAR Margin 19.6% 23.6% 4.0 pp EBITDAR Margin Asia Pacific Airline in Average 21%-23% (Source: Bloomberg, 31 December 2017) Fuel price hikes 7.7% YoY in 1st Quarter of
6 Utilization, Passenger, and Yield are Significantly Improved INDICATOR Q1/2017 Q1/2018 % YoY OPERATIONAL Utilization* (Hour) 9:19 9:41 0:22 On-Time Performance* (%) pp ASK (Billion) Seat Load Factor (%) (1.1) pp Passenger Carried (Million) Cargo Uplifted (Thousand Ton) FINANCIAL Revenue Passenger (in Million USD) Passenger Yield (US ) Average Fares (US$) (2.5) CASK (US ) (1.9) CASK excl. Fuel (US ) (4.1) *) Represent only for Garuda Indonesia (Main Brand) MARKET SHARE 10.3% 9.5% 26.6% 29.5% 25.4% 27.5% DOMESTIC INTERNATIONAL YTD MAR 2018 YTD MAR 2017 YTD MAR 2018 YTD MAR
7 Yield and Average Fares Improved in All Segments INDICATOR Q1/2017 Q1/2018 % YoY DOMESTIC Passenger Carried (Million) (0.8) ASK (Billion) (1.6) Seat Load Factor (%) pp Revenue Passenger (in Million USD) Passenger Yield (US ) Average Fares (US$) Cargo Uplifted (Thousand Ton) CASK (US ) (2.8) CASK excl. Fuel (US ) (2.8) INTERNATIONAL Passenger Carried (Million) (7.0) ASK (Billion) Seat Load Factor (%) (4.0) pp Revenue Passenger (in Million USD) (2.0) Passenger Yield (US ) Average Fares (US$) Cargo Uplifted (Thousand Ton) (2.4) CASK (US ) CASK excl. Fuel (US ) (1.1) Note: All numbers and figures represent only for Garuda Indonesia (Main Brand) 7
8 Our International Operations Compares to Peers Source: Company Data & AAPA International Statistic, YTD February 2018 PASSENGER CARRIED GROWTH AVAILABLE SEAT KILOMETERS (ASK) GROWTH Qantas Airways China Southern Airlines Asia Pacific All Nippon Airways Cathay Pacific Airways Korean Air Singapore Airlines Thai Airways Malaysia Airline Garuda Indonesia China Southern Airlines Asia Pacific Qantas Airways All Nippon Airways Korean Air Thai Airways Cathay Pacific Airways Malaysia Airline Singapore Airlines Garuda Indonesia Growth (%) Growth (%) REVENUE PASSENGER KILOMETERS (RPK) GROWTH CARGO CARRIED GROWTH Qantas Airways China Southern Airlines Asia Pacific All Nippon Airways Cathay Pacific Airways Korean Air Thai Airways Singapore Airlines Malaysia Airline Garuda Indonesia China Southern Airlines Thai Airways Cathay Pacific Airways Qantas Airways Malaysia Airline Singapore Airlines Asia Pacific All Nippon Airways Korean Air Garuda Indonesia Growth (%) Growth (%)
9 Average Fares Increased while CASK Declined INDICATOR Q1/2017 Q1/2018 % YoY GARUDA INDONESIA Passenger Carried (Million) (2.2) ASK (Billion) (0.5) Seat Load Factor (%) (1.9) pp Revenue Passenger (in Million USD) (0.6) Passenger Yield (US ) Average Fares (US$) Cargo Uplifted (Thousand Ton) CASK (US ) (0.8) CASK excl. Fuel (US ) (2.1) CITILINK Passenger Carried (Million) ASK (Billion) Seat Load Factor (%) pp Revenue Passenger (in Million USD) Passenger Yield (US ) (1.9) Average Fares (US$) Cargo Uplifted (Thousand Ton) CASK (US ) (3.5) CASK excl. Fuel (US ) (8.8) 9
10 The Operating Expenses Hikes is Below The Revenues Raises (currency in million USD, except stated otherwise) INDICATOR Q1/2017 Q1/2018 % YoY PoC Fuel Rental Maintenance User Charge Ticketing & Sales (0.9) 7.2 Passenger Services (5.8) 6.9 General Administration (8.2) 5.4 Others (5.9) 6.9 Total Expenses 1, , PoC: Percentage of Contributions 1. The fuel expenses increased due to fuel price hikes and production increases mostly from Citilink. 2. The maintenance expense enlarged due to increasing transaction on engine and component segments. 3. The user charge hikes was affected by additional production on number of flight, mostly from Citilink. 10
11 Fleet Structure AIRCRAFT TYPE DEC 2017 MAR 2018 TARGET 2018 Boeing ER Boeing Airbus A Airbus A Wide Body Utilization 10:54 11: Boeing 737 MAX Boeing NG CRJ1000 NextGen ATR Narrow Body Utilization 9:11 9:10 Garuda Indonesia Utilization 9:36 9:41 Airbus A Airbus A Neo Boeing Boeing Citilink Utilization 8:31 8:39 Total Fleets Owned/Financial Leased Operating Leased 11 In purpose to improve the Company s performance, the management has negotiated contracts with Boeing to reschedule the delivery of the B737 MAX 8 aircraft. Based on the renegotiation, the second B737 MAX 8 aircraft and so on will be scheduled to deliver in from the previous delivery schedule in This move is one of the strategic initiatives that Garuda Indonesia exercised to optimize the utilization of existing aircraft.
12 End of Equity Balance Maintained at >US$800 Million (currency in million USD, except stated otherwise) INDICATOR FY/2017 Q1/2018 % Chg. ASSET Current Assets , Non Current Assets 2, , Total Assets 3, , LIABILITY Current Liabilities 1, , Non Current Liabilities (1.5) Total Liabilities 2, , EQUITY Total Equities (7.2) Total Liabilities & Equities 3, , Lease Adj. Net Debt / EBITDAR Lease Adj. Net Debt / EBITDAR Formula = (Total Debt - Cash + 7 Rentals) / EBITDAR Average of AAPA s Lease Adj. Net Debt / EBITDAR in 2017 was 7.6x 12
13 Maintaining Financial Ratio Above The Covenant Terms (currency in million USD, except stated otherwise) INDICATOR FY16 1Q.17 % Chg. Short Term Debt 1, , Long Term Debt (0.9) Leasing (4.2) Financial Debt 1, , Long-Term Debt 29.9% Leasing 4.2% (in Million USD) 2,000 1,500 1, , , , ,715.5 Debt Structure 65.9% Short-Term Debt 1, Minimum Cash 5% DER Max. 2.5x Min. Capital US$800 Million Q % 2.1x US$869.9 Million 0 FY/2017 1Q/2018 Cash Financial Debt Equity Net Gearing 13
14 The Subsidiaries Revenues US$252.5 Million, Contributed 25.7% of Total Group (currency in thousand USD, except stated otherwise) INDICATOR Q % Chg. Q % Chg. Q % Chg. Revenue Contribution to Group (%) Operating Revenue 151, , ,824.5 (4.9) Operating Income 171, , (73.4) Net Income (15,967.9) ,357.9 (27.3) (27.1) (101.9) EBITDA/R 35, , ,522.4 (55.5) Asset 424, , , Liabilities 429, , , Equity (4,519.0) (139.7) 314, , (currency in thousand USD, except stated otherwise) INDICATOR Q % Chg. Q % Chg. Q % Chg. Revenue Contribution to Group (%) Operating Revenue 31, , ,240,240.1 (10.3) Operating Income 1, (37.8) 377,333.1 (19.6) Net Income (47.8) 284,296.4 (24.4) EBITDA/R 2, (35.5) 358,377.8 (21.5) Asset 69, ,442.4 (7.6) 10, Liabilities 37, , , Equity 31, ,347.2 (32.1) 9,
15 New 2020 Vision with Main Target to Achieve Market Capital US$3.5 Billion VISION VALUE-DRIVEN AVIATION GROUP, BRINGING INDONESIAN HOSPITALITY TO THE WORLD (US$3.5 BILLION) Shareholder Maximize Group Value for Better Shareholder Return among Regional Airlines Customer By Delivering Excellent Indonesian Hospitality and World Best Experiences to Customer MISSION Process While Implementing Cost Leadership & Synergy Within Group Employee And by Engaging Passionate & Proud Employee in One of the Most Admired Company to Work for in Indonesia Fixing the Basic Buiding the Platform Value Creation Accelerate Growth US$ 3.5 Billion On-Time Performance 88% Operating Revenue (Garuda Indonesia Main Brand) US$3.2 Billion Cost Efficiency US$100 Million Operating Revenue (Garuda Indonesia Main Brand) US$3.6 Billion Garuda Indonesia and Citilink Breakeven Garuda Indonesia CASK US 6.0 Aircraft Utilization >10 Hours/Day Strategic Business Unit (SBU) for Loyalty Business ATR and CRJ Business Model Multiple Joint Venture by GMF-AA Establishment of Joint Venture for International Routes in North Asia, Middle East, and Europe Garuda Aviation Services Cargo End to End Solution Garuda Indonesia CASK US 5.5 Citilink CASK US 4.0 Operating Profit Garuda Indonesia US$100 Million Net Profit Garuda Group US$170 Million Group Value US$3.5 Billion Garuda Holding Company Group Value STRATEGIC THEME (1) Consolidate & Optimize Strategic Asset (2) World-class Customer Centricity (3) Agile, Efficient, Digitized (4) Broaden Revenue Beyond Core (5) Partnership and Create Portfolio Value 15
16 Consolidate & Optimize Strategic Asset New New Destinations Routes Xi an, China Makassar - Palembang (vv.) 29 January 2018 Ambon - Bau-bau (vv.) 17 January 2018 Denpasar - Xi an (vv.) Zhengzhou, China 7 March 2018 Denpasar - Zhengzhou (vv.) 30 January 2018 Routes Optimization 16 Jakarta - Sorong (vv.) 10 March 2018 Closed routes with negative results, such as: Makassar - Medan (vv.) Denpasar - Manado (vv.) Medan - Singapore (vv.) Additional frequency and optimize connectivity in potential routes, such as: Jakarta - Yogyakarta (vv.) Jakarta - Surabaya (vv.)
17 World-Class Customer Centricity in All Touch Points 13 Awards 6 Domestic & 7 International World s 5-Star Airline by Skytrax The Best Airline in Indonesia Top 10 Major Carriers in Asia Top 10 Economy Class in Asia by TripAdvisor 17
18 Build an Agile, Efficient & Digitized Organization Improving Efficiency of Distribution Channel Initiatives in 2018 Enhance In-bound & Out-bound Marketing Program Outside-In Sales Approach Increase Traffic Acquisition Increase e-commerce System Reliability GOTF Digital Media Campaign Digital Ancillaries, such as Prepaid Excess Baggage, and Mobile Mileage Redemption Increase Refferal Partner Meta Search Maintain the Pageview & FlexPricer Below Threshold Fraud Preventions Tactical Sales Program Partnership Website & Mobile Apps Feature Enhancement Acquisition New GOS & COS Mobile Apps Campaign Website Revamp GOS Technical Recovery Improvement 1st Quarter 2017 Achievements in 1st Quarter % 8.2% Direct 12.6% Indirect 24.2% 8.9% Direct 15.3% Indirect Direct Website, Mobile Apps, COS, & Call Center Indirect Online Travel Agent, GOS Digital Channel US$54.1 Mio US$75.2 Mio Digital Channel US$55.4 Mio (+2.4% YoY) US$94.6 Mio (+25.9% YoY) 18
19 Broaden Revenue Beyond Core Expanding Cargo Capability & Services by Focus on High Yield Shipment Cargo/Mail Uplifted Q K Ton (+3.2% YoY) Q K Ton Cargo Revenues Q US$61.3 Million (+9.2% YoY) Q US$56.2 Million Ancillary Revenues Q US$24.8 Million (+38.2% YoY) Q US$18.0 Million NEW NEW NEW Strengthen Partnership Dangerous Pharmaceutical Perishable Valuable Focus on High Yield Shipment Optimizing GO EXPRESS Services 19
20 Partnership and Create Portfolio Value Initiatives in 2018 Strengthen Partnership with Third Party Expanding the partnership partner across industry to have variety of partner to optimize the opportunity, especially to e-commerce business and travel. Launching New Products & Leverage Loyalty Customer Base Improve level of consumer retention and engagement on GarudaMiles member by giving priority for member to try new product and new try program from Garuda Indonesia. Customer Preference Partnership (Redeem) Maximizing customer insight data to know relevant partner and brand to partner with GarudaMiles and Garuda Indonesia. Achievement in 1st Quarter 2018 Total Members: 1.8 Million New Members: 52 Thousand Target of Total Members: 2.0 Million 61.0% 39.0% Platinum 17.7 Thousand (1.7%) Gold 69.0 Thousand (3.9%) Silver Thousand (13.6%) Blue 1.3 Million (75.3%) 20
21 PT Garuda Indonesia (Persero) Tbk All Rights Reserved Registered Office Garuda Indonesia Building Jl. Kebon Sirih No. 46A Jakarta , Indonesia Investor Relations Ground Floor, Garuda Indonesia Management Building Soekarno-Hatta International Airport Tangerang , Indonesia PO BOX 1004 TNG BUSH investor@garuda-indonesia.com
Corporate Presentation
Jakarta, 2 November 2018 Corporate Presentation Q3/2018 - Corporate Performance Shares Information 6,800 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 206 5,976.553 450 6,600 6,400 400 6,200
More informationPassenger: 17.2 Million (+3.9% yoy) OTP: 85.8% SLF: 73.3% Subsidiaries Operating Revenues US$415.2 Million Cargo Carried 219.4K ton (+10.
Value* 14.78 3.36 4.97 Volume** 32.85 9.59 13.43 Last Price 423 342 348 Market Cap.*** 8.74 8.85 9.01 Note: * Average Value in Billion Rupiah ** Average Volume in Million *** Market Capitalization in Trillion
More informationJakarta, 25 October Analyst Meeting 3Q / 2017
Jakarta, 25 October 2017 Analyst Meeting 3Q / 2017 Shares Information 6,000 5,901 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 334 5,900.854 600 550 5,500 500 5,000 450 4,500 400 350 334
More informationJakarta, 26 February Analyst Meeting. FY Corporate Performance
Jakarta, 26 February 2018 Analyst Meeting FY 2017 - Corporate Performance Shares Information 6,500 6,356 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 300 6,355.654 650 6,000 600 550 5,500
More informationCorporate Presentation
Singapore, 29 January 2018 Corporate Presentation Non-Deal Roadshow with Credit Suisse Shares Information 6,500 6,356 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 300 6,355.654 650 6,000
More informationPUBLIC EXPOSE PT Garuda Indonesia (Persero) Tbk Result Announcement. Jakarta, 15 April 2016
PUBLIC EXPOSE PT Garuda Indonesia (Persero) Tbk. 2015 Result Announcement Jakarta, 15 April 2016 1 HIGHLIGHTS EBITDAR MARGIN: 32.7% 19% YoY TOTAL REVENUES: US$3.81 billion 3.0% YoY UNSCHEDULED FLIGHT REVENUES
More informationANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015
ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015 1 Agenda Hal 1. Company Profile 3 8 2. Operational Performance 9 13 3. Financial Performance 14 20
More informationPT GARUDA INDONESIA (PERSERO) Tbk.
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation 9Months 2013 Result Announcement Jakarta, 6 November 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List of
More informationPT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2014 Result Announcement Jakarta, 30 April 2014
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2014 Result Announcement Jakarta, 30 April 2014 0 Shareholders & Performance List of Shareholders as of 31 March 2014 Number
More informationINVESTOR NEWSLETTER. Full Year 2013 Editions. PT Garuda Indonesia (Persero) Tbk. FY 2012 FY 2013 Change. Summary.
INVESTOR NEWSLETTER PT Garuda Indonesia (Persero) Tbk. Full Year 2013 Editions FY 2012 FY 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 3,472 3,716 7.02% OPERATING EXPENSES 3,304 3,660 10.75%
More informationPT GARUDA INDONESIA (PERSERO) Tbk.
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Half 2013 Result Announcement Jakarta, 2 September 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List
More informationPT GARUDA INDONESIA (PERSERO) Tbk.
PT GARUDA INDONESIA (PERSERO) Tbk. Analyst Meeting & Presentation First Quarter 2013 Result Announcement Jakarta, 30 April 2013 Delivering Indonesia s Best to the World 0 Shareholders & Performance List
More informationASEAN Conference MACQUARIE Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. 26 August 2015
ASEAN Conference MACQUARIE Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. 26 August 2015 1 Agenda Page 1. Company Profile 3 12 2. Operational Performance 13 17 3. Financial Performance 18 24
More information3M 2013 Edition. Share Information : GIAA.IJ / GIAA.JK. Daily Share Price Movements
3M 2013 Edition 3M 2012 3M 2013 Change Financial Summary (USD Mio) OPERATING REVENUES 717 807 12.51% OPERATING EXPENSES 734 827 12.70% INCOME (LOSS) FROM OPERATIONS (17) (20) 20.68% INCOME (LOSS) BEFORE
More informationDaiwa Investment Conference Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. Hong Kong, 12 November 2015
Daiwa Investment Conference Corporate Presentation PT GARUDA INDONESIA (PERSERO) Tbk. Hong Kong, 12 November 2015 1 Agenda Hal 1. Company Profile 3 12 2. Operational Performance 13 17 3. Financial Performance
More informationAnalyst Meeting & Presentation 3Q 2012 Result Announcement. Jakarta, 25 October 2012
Analyst Meeting & Presentation 3Q 2012 Result Announcement Jakarta, 25 October 2012 0 0 Shareholder List as of 30 September 2012 Shareholder List as of 30 September 2012 Number of Shares % Domestic Government
More information1Q 2014 Edition. Share Information. Daily Share Price Movements
1Q 2014 Edition 1Q 2013 1Q 2014 Change Financial Summary (USD Mio) OPERATING REVENUES 807 807 0.01% OPERATING EXPENSES 827 1,000 20.86% OTHERS (INCOME) 4 25 460.80% INCOME (LOSS) FROM OPERATIONS -20-193
More informationGIAA In Flash YTD September 2015
GIAA In Flash YTD September 2015 Garuda Indonesia Group (GIAA) Continues its Green Performance in Challenging Market Picture s source: www.google.com The 3rd quater in 2015 is a tough period for GIAA bussines.
More informationCORPORATE PRESENTATION PT Garuda Indonesia (Persero) Tbk. Jakarta, May 2016
CORPORATE PRESENTATION PT Garuda Indonesia (Persero) Tbk. Jakarta, May 2016 MANAGEMENT Appointed on AGMS April 15, 2016 SAME AS PREVIOUS NEW MEMBER 2 MANAGEMENT - PROFILE AGUS TONI SOETIRTO PLACE/DATE
More informationAir China Limited Annual Results. March Under IFRS
Air China Limited 21 Annual Results Under IFRS March 211 Agenda Part 1 Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook 2 Part 1 Highlights Steady Economic Growth; Asia Pacific
More informationCathay Pacific Airways Analyst Briefing. 21 November 2014
Cathay Pacific Airways Analyst Briefing 21 November 2014 Operating Performance Passenger demand remains strong, although growth in North America is significantly short of increase in capacity. Demand for
More informationAir China Limited Interim Results. August Under IFRS
Air China Limited 21 Interim Results Under IFRS August 21 1 Agenda 21 Interim Results Overview Business Overview Financial Overview Outlook 2 2 2 21 Interim Results 3 21 Interim Results Overview 4 4 4
More informationCathay Pacific Airways 2012 Analyst Briefing 28 June 2012
Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationCebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations. cebupacificair.com
Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations cebupacificair.com Disclaimer The information provided in this presentation is provided only for your reference. Such information has
More informationLeaving the Competition Behind. Second Quarter (Apr-Jun) 2009 Results
Leaving the Competition Behind Second Quarter (Apr-Jun) 2009 Results 12 Aug 2009 1 Disclaimer Information contained in our presentation is intended solely for your reference. Such information is subject
More informationAir China Limited 2014 Annual Results Under IFRS
Air China Limited 2014 Annual Results Under IFRS March 2015 Agenda Part 1 Results Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook Part 1 Results Highlights Gradual Global Economic
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS. 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2013-14 14 RESULTS 13 November 2013 THE PARENT AIRLINE 1H FY2013/14 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY13/14 2Q/13 $million
More informationSantander 22 nd Annual Latin American Conference. Cancun, January 2018
Santander 22 nd Annual Latin American Conference Cancun, January 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationCathay Pacific Airways Interim Results for the six months ended 30 June 2012
Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 8 August 2012 1 Interim Result 1H2012 1H2011 Change Group attributable (loss) / profit HK$ million (935) 2,808-133.3% Group
More informationCebu Air, Inc. 2Q2014 Results of Operation
Cebu Air, Inc. 2Q2014 Results of Operation 1 Disclaimer This information provided in this presentation is provided only for your reference. Such information has not been independently verified and, as
More informationSAS Group Q Teleconference
SAS Group Q4 2012 Teleconference December 12, 2012 1 Break-even result in 2012 despite 1.6 bn SEK higher fuel cost 23 MSEK EBT (before non-recurring items) despite 1.6 bn SEK higher fuel cost Positive
More informationBank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference. Miami, May 2018
Bank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference Miami, May 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated
More informationCebu Air, Inc. Annual Stockholders Briefing. 24 June cebupacificair.com
Cebu Air, Inc. Annual Stockholders Briefing 24 June 2015 cebupacificair.com Business Updates Passengers (M) Operating Statistics 2014: Passenger traffic grew 17.5% to 16.9M. Seat capacity grew 14.8% to
More informationCorporate Presentation PT Garuda Indonesia (Persero) Tbk
Corporate Presentation PT Garuda Indonesia (Persero) Tbk RHB-OSK Hong Kong & ASEAN Corporate Day Hong Kong, 12 September 2013 Delivering Indonesia s Best to the World 0 Agenda 1. Industry Overview 2. Company
More informationCathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways Analyst Briefing 27 November 2013
Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013 Cathay Pacific Airways Analyst Briefing 27 November 2013 2013 Operating Performance to date: Passenger yield and load factor growth on lower ASKs.
More informationTHAI AIRWAYS INTERNATIONAL PCL
THAI AIRWAYS INTERNATIONAL PCL 2Q2017 analysts briefing 16-Aug-2017 1 DISCLAIMER The information contained herein is intended to represent the Company s operating and financial position at a given point
More informationSIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017
SIA ANALYST/MEDIA BRIEFING Q2 and 1H FY17/18 Results 8 November 2017 THE PARENT AIRLINE Q2 AND 1H FY17/18 RESULTS THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE Q2 % 1H % FY17/18 Change FY17/18 Change
More informationPRESS RELEASE Financial Results. Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue
PRESS RELEASE 2016 Financial Results Rising passenger traffic at 12.5m Exceeding 1bn in consolidated revenue Kifissia, 23 March 2017 AEGEAN reports full year 2016 results with consolidated revenue at 1,020m,
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2018(FY2017) July 31, 2017 Today s Topics P.1 P.2 P.3 P.4 P.6 P.15 Overview of Financial Results for (FY2017) 1 st quarter resulted in an increase in both
More information1 2 23 24 15 16 7 8 9 Ancillary Revenue target per pax RM55 10 Online 365 11 212 13 14 14 Quarter Ended: 31 March RM'000 Revenue 2,068,227 Operating expenses: - Staff costs (286,663) - Depreciation
More informationCathay Pacific Airways
Cathay Pacific Airways Interim Results for the six months ended 30 th June 2014 13th August 2014 1 Interim Results 1H2014 1H2013 Change Profit attributable to the shareholders of Cathay Pacific HK$ million
More informationSingapore Airlines Group Analyst/Media Briefing HALF YEAR FY RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS
Singapore Airlines Group Analyst/Media Briefing HALF YEAR FY2012-13 13 RESULTS 5 NOVEMBER 2012 THE PARENT AIRLINE 1H FY2012/13 RESULTS THE PARENT AIRLINE COMPANY RESULTS 2Q & 1H FY12/13 2Q/12 $million
More informationAnalysts and Investors conference call. Q results. 15 May 2013
Analysts and Investors conference call Q1 2013 results 15 May 2013 Management summary Key messages of Q1 2013 +6% +9% +3.3%p. Q1 2013 operational KPIs are in line with 109.7 116.2 6.5 7.1 82.3 85.6 expectations,
More informationFourth Quarter and Full Year 2011 Results Presentation. February 1, 2012
Fourth Quarter and Full Year 2011 Results Presentation February 1, 2012 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationSAS Group 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 informationJAPAN AIRLINES Financial Results 2 nd Quarter Mar / 2014 (FY2013)
JAPAN AIRLINES Financial Results 2 nd Quarter Mar / 2014 (FY2013) Yoshiharu Ueki, President Norikazu Saito, Managing Executive Officer 31 October, 2013 Contents P.2 P.3 P.4 P.6 1 Overview of 2 nd Quarter
More informationAir Berlin PLC AGM 06 June 2013 London
Air Berlin PLC AGM 06 June 2013 London airberlin a strong European carrier Market position as of 31 December 2012 No. 2 in core market: Germany / Austria / Switzerland No. 7 in Europe with 33.3 m guests
More informationFinancial Results 1 st Quarter Mar/2016 (FY2015) 30 July, 2015
Financial Results Mar/2016 (FY2015) 30 July, 2015 Today s Topics P.2 P.3 P.15 1 Overview of FY Mar/2016 Financial Results Operating Revenue Operating Profit 320 307.0 +4.9Bn (+1.6%) 312.0 50 +17.6Bn (+94.6%)
More informationCathay Pacific Airways 2011 Analyst Briefing 23 June 2011
Cathay Pacific Airways 2011 Analyst Briefing 23 June 2011 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationResults 2Q17. August 9, 2017
Results 2Q17 August 9, 2017 2Q17 Highlights Indicators 2Q17 Var. x 2Q16 ASK (BN) 10.4-3.0% Traffic (000) 7,261-1.3% RPK (BN) 8.1 +0.5% Load Factor 77.9% +2.7 p.p. Yield (R$ cents) 23.2 +4.8% Pax Revenue
More informationCathay Pacific Airways Analyst Briefing 27 November 2012
Cathay Pacific Airways Analyst Briefing 27 November 2012 1 Trading Statement 2012 A very challenging year High fuel prices Soft premium demand High competition in Economy Class putting pressure on yield
More informationCorporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010
Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation, including
More information2007/08 Full Year Results Investor Briefing
2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved
More informationPart 1 Performance Highlights. Part 2 Business Overview. Part 3 Financial Review
August 216 1 Part 1 Performance Highlights Part 2 Business Overview Part 3 Financial Review Part 4 Outlook 2 Under IFRS 3 Part 1 Performance Highlights Performance Highlights - Key Operational Metrics
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q July 24, 2009
JET AIRWAYS (I) LTD Presentation on Financial Results Q1 2010 July 24, 2009 1 1 1 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Outlook 2 2 2 Domestic
More informationSAS Q1 2017/2018. Q1 in Summary: Improved earnings CHANGE VS. Q1 FY17
SAS 2017/2018 27.02.2018 in Summary: Improved earnings POSITIVES + Passenger revenue up 1% (FX adj.) + Cargo and EB-point sale revenue increased MSEK 109 + Efficiency program delivered MSEK 165 + Positive
More informationAnalyst Briefing Quarter 3/2012
http://www.thaiairways.com/about-thai/investor-relations/en/investor.html THAI AIRWAYS INTERNATIONAL PCL Analyst Briefing Quarter 3/2012 1 Investor Relations Department DISCLAIMER The information contained
More informationPRESS RELEASE. First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability
PRESS RELEASE First Half 2017 Financial Results Higher Load Factors and traffic lead to a significant rebound in second quarter profitability Kifissia, 12 September 2017 AEGEAN announces first half 2017
More informationSAS 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 informationTHIRD QUARTER RESULTS 2017
THIRD QUARTER RESULTS 2017 KEY RESULTS In the 3Q17 Interjet total revenues added $5,835.1 million pesos that represented an increase of 22.0% over the revenue generated in the 3Q16. In the 3Q17, operating
More informationSTAYING TRUE. Scotia Capital Transportation & Aerospace Conference. November 15, 2011
STAYING TRUE Scotia Capital Transportation & Aerospace Conference November 15, 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including
More informationSTAYING TRUE. BofAML Global Transportation Conference. May
STAYING TRUE BofAML Global Transportation Conference May 19 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question
More informationFOURTH QUARTER RESULTS 2017
FOURTH QUARTER RESULTS 2017 KEY RESULTS In the 4Q17 Interjet total revenues added $5,824.8 million pesos that represented an increase of 10.8% over the revenue generated in the 4Q16. In the 4Q17, operating
More informationAnalysts Briefing. 18 March Cathay Pacific Airways Limited
Analysts Briefing 18 March 2015 Cathay Pacific Airways Limited Annual Results 2014 2013 Change Group attributable profit HK$m 3,150 2,620 +20.2% Group turnover HK$m 105,991 100,484 +5.5% Profit margin
More informationFull 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 informationRef. PE004/ May Subject: Management Discussion and Analysis for the First Quarter of 2018
Ref. PE004/2561 10 May 2018 Subject: Management Discussion and Analysis for the First Quarter of 2018 Attention: President The Stock Exchange of Thailand According to the financial reports of Nok Airlines
More information1Q13 R sults esentation
1Q13 Results Presentation 14 May 2013 Disclaimer The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there has
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2017(FY2016) July 29, 2016
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2017(FY2016) July 29, 2016 Today s Topics P.1 P.2 P.13 From the first quarter of this fiscal year, figures for Revenue Passengers Carried, ASK, RPK and Load
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2018(FY2017)
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2018(FY2017) July 31, 2017 Today s Topics P.1 P.2 P.3 P.4~ P.6~ P.15~ Overview of Financial Results for Mar/18 Mar/18 (FY2017) 1 st quarter resulted in an
More informationFinancial Results 3 rd Quarter MAR/2016 (FY2015)
Financial Results MAR/2016 (FY2015) January 29 th, 2016 CONTENTS P.1 P.2 P.3 P.4~ Overview of FY MAR/16 Results Operating Revenue Operating Profit 1,030 1,020 1,010 +1.0Bn 1,022.3 1,023.4 (+0.1%) 180 160
More information2017 Marketing and Communications Conference. November 6, 2017
2017 Marketing and Communications Conference November 6, 2017 1 2 Introduction Carrie Kenrick State of the Industry Industry Consolidation Financial Trends Ancillary Product / Customer Segmentation Fleet
More informationALAFCO Aviation Lease And Finance Co. KSCC
Information MEMORANDUM ALAFCO Aviation Lease And Finance Co. KSCC Mr. Abulqasim Abdulghaffar Redha Acting Chief Executive Officer The 5th Forum for Listed Companies and Analysts Kuwait 20 May 2013 Why
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q3 2012
JET AIRWAYS (I) LTD Presentation on Financial Results Q3 2012 20.01.2012 1 1 1 Domestic operating environment 2 2 2 Domestic industry. 8.00 7.00 6.00 5.00 4.00 3.00 Q3 12 vs Q3 11 Industry capacity 17%
More informationAnalysts Briefing. 27 November Cathay Pacific Airways Limited
Analysts Briefing 27 November 2015 Cathay Pacific Airways Limited Operating performance - overview Passenger load factors are high, driven by strong back-end demand. Passenger front-end yield and load
More information26 October 2017 Icelandair Group Interim Report NET PROFIT USD 101 MILLION IN THIRD QUARTER
NET PROFIT USD 101 MILLION IN THIRD QUARTER Total income in Q3 up by 10% between years, to USD 536.0 million Passenger revenue higher than expected EBITDA unchanged year on year, at USD 161.1 million Passenger
More informationVueling 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 informationAnalysts Briefing. 24 June Cathay Pacific Airways Limited
Analysts Briefing 24 June 2016 Cathay Pacific Airways Limited Operating performance - overview Challenging business environment. Load factor lower than expectations on weakening passenger demand. Strong
More informationFinnair 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 informationTHIRD QUARTER AND NINE MONTHS OF 2014 KEY RESULTS
THIRD QUARTER AND NINE MONTHS OF 2014 KEY RESULTS In 3Q14 INTERJET total revenues were $ 3,643.4 million, representing an increase of 9.9% on revenues generated in the 3Q13. Accumulated 9M14 INTERJET total
More information2Q 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 informationVERY GOOD RESULTS IN OUR MOST IMPORTANT QUARTER
VERY GOOD RESULTS IN OUR MOST IMPORTANT QUARTER Q3 EBITDA USD 161.8 million, as compared to USD 155.6 million in the corresponding quarter last year 19% increase in passenger numbers on international flights
More informationInvestor update presentation. November 2016
Investor update presentation November 2016 Content Update on Q3 2016 financial performance 3-8 Recap on ATG Evolution 9-10 Update on hospitality strategic business unit 11-14 Update on online travel and
More informationJET AIRWAYS (I) LTD. Presentation on Financial Results Q2 FY10
JET AIRWAYS (I) LTD Presentation on Financial Results Q2 FY10 October 27, 2009 1 1 1 Agenda Domestic operating environment Jet Airways performance highlights JetLite performance highlights Outlook 2 2
More informationJAPAN AIRLINES Co., Ltd. Financial Results 1 st Quarter Mar/2017(FY2016) July 29, 2016
JAPAN AIRLINES Co., Ltd. Financial Results Mar/2017(FY2016) July 29, 2016 Today s Topics P.1 P.2 P.13 From the first quarter of this fiscal year, figures for Revenue Passengers Carried, ASK, RPK and Load
More informationCathay Pacific Airways
Cathay Pacific Airways Annual Results for the year ended 31 st December 2011 14 March 2012 1 Annual Result 2011 2010 Change Group attributable profit HK$5,501m HK$14,048m -60.8% Group Turnover HK$98,406m
More informationSAS AB Analyst meeting
SAS AB Analyst meeting London, August 9, 2001 2 2nd Quarter a tough Quarter The Marketplace Continued weak world economy Weaker Swedish economy SAS Weaker traffic growth and reduced passenger load factors
More informationANA HOLDINGS Financial Results for the Three Months Ended June 30, 2018
ANA HOLDINGS NEWS ANA HOLDINGS Financial Results for the Three Months Ended June 30, 2018 TOKYO, July 31, 2018 ANA HOLDINGS INC. (hereinafter ANA HD ) today reports its financial results for the three
More informationJet Airways (India) Ltd. Presentation on Annual Results FY06. May 2006
Jet Airways (India) Ltd. Presentation on Annual Results FY06 May 2006 1 Agenda 1. Performance Highlights 2. Sahara Acquisition Update 3. Outlook 2 Performance Highlights 3 Domestic landscape capacity growth
More informationAnnual Results Air New Zealand
Annual Results 2011 Air New Zealand Highlights Normalised earnings* $75m Net cash position of $860m Operating cash flow down 5% Gearingat467% at 46.7% Final dividend 2.5 cents per share (unimputed) New
More informationRecord 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 informationBank 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 informationInformation meeting. Third quarter results. March 2011
Information meeting Third quarter 2010-11 results 1 March 2011 Agenda 2010-11: recovery in activity and return to profitability Current issues Air France-KLM ambitions for the next three years 2 All businesses
More informationAir 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 informationTHE PARENT AIRLINE FY2010/11 RESULTS
SINGAPORE AIRLINES GROUP ANALYST / MEDIA BRIEFING FY21-11 11 RESULTS 13 MAY 211 THE PARENT AIRLINE FY21/11 RESULTS THE PARENT AIRLINE COMPANY RESULTS FY21/11 4Q/1 $million Better/ (Worse) $million 21/11
More informationCorporate Presentation PT Garuda Indonesia (Persero) Tbk
Corporate Presentation PT Garuda Indonesia (Persero) Tbk Credit Suisse APAC Transportation Corporate Day Hong Kong, 26 June 2013 Delivering Indonesia s Best to the World 0 Agenda 1. Industry Overview 2.
More informationCathay Pacific Airways Analyst & Investor Briefing June Cathay Pacific Airways Interim Results 6 August 2008
Cathay Pacific Airways 2010 Analyst & Investor Briefing June 2010 Cathay Pacific Airways 2008 Interim Results 6 August 2008 Airline Strategy Remains largely unchanged Grow our international network, expand
More informationOverview. > Normalised earnings* before taxation of, up 30% > Statutory earnings before taxation of, up 40% > Statutory net profit after taxation of
1 Overview > Normalised earnings* before taxation of, up 30% > Statutory earnings before taxation of, up 40% > Statutory net profit after taxation of > Operating revenue of > Strong operating cash flow
More informationTiger Airways Holdings Limited FY11 Results
Tiger Airways Holdings Limited FY11 Results May 2011 Financial Year Ended 31 March 2011 Disclaimer The information contained in this presentation (the "Information") is provided by Tiger Airways Holdings
More informationTHIRD QUARTER RESULTS 2018
THIRD QUARTER RESULTS 2018 KEY RESULTS In the 3Q18 Interjet total revenues added $ 6,244.8 million pesos that represented an increase of 7.0% over the revenue generated in the 3Q17. In the 3Q18, operating
More informationJAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018
JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018 Today s Topics P.1 P.2 P.3 P.12 JAL Corporate Website the CONTRAIL Project Overview of Financial Results for 3
More information