Investor Relations. Phone: Oct/12
|
|
- Darleen Murphy
- 5 years ago
- Views:
Transcription
1 Phone: Oct/12
2 Corporate and Business Strategy Organic growth. Margins enhancement through the P3E. Business and revenues diversification. Product strategy. Diversification and expansion of customer base. Excellence in Customer Experience (ECE). Market share growth. Margins improvement. Product strategy and customer support focus. Establish Embraer as the defense house of Brazil. Organic growth and acquisitions. 2
3 Aircraft Deliveries Commercial Jets Executive Jets M M2012 Light Jets - Phenom Large Jets - Legacy & Lineage 3
4 Revenues US$ Million 5,245 6,335 5,498 5,364 5,803 4, M Outlook: US$ billion : USGAAP : IFRS
5 Revenues by Segment 2012 Outlook Embraer: US$ Billion Commercial Aviation: US$ Billion 1,364 2,025 1,156 1,717 1, , , Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12 Executive Aviation: US$ Billion Defense and Security: US$ Million Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12
6 Revenues Breakdown Revenues by Segment Revenues by Region Revenues Revenues US$ Billion US$ Billion % 1% 2% 12% 15% 15% 17% 23% 19% 6% 4% 4% 21% 22% 23% 11% 13% 17% 7% 15% 11% 69% 61% 64% 33% 33% 25% 22% 13% 20% Commercial aviation Executive aviation Defense and security Others North America Brazil Europe Asia Pacific Latin America Others 6
7 Firm Order Backlog US$ Billion Q11 4Q11 1Q12 2Q12 3Q12 7
8 8
9 Embraer Commercial Aviation OVER 80 AIRLINES IN MORE THAN 50 COUNTRIES 9
10 Product Portfolio capacity: 70 to 80 seats range: 2,100 nm (3,900 Km) capacity: 37 seats range: 1,750 nm (3,250 Km) capacity: 78 to 88 seats range: 2,000 nm (3,700 Km) capacity: 44 seats range: 1,650 nm (3,050 Km) capacity: 98 to 114 seats range: 2,400 nm (4,500 Km) capacity: 50 seats range: 1,550 nm (2,900 Km) capacity: 108 to 122 seats range: 2,200 nm (4,100 Km) capacity: 50 seats range: 2,000 nm (3,700 Km) 10
11 E-Jets Customer Base Evolution 11
12 E-Jets Family Order Book 3Q12 E-JETS Firm orders Deliveries Firm Backlog EMBRAER EMBRAER EMBRAER EMBRAER Total 1,
13 Worldwide Distribution Commercial Jets Market Share Evolution Worldwide Seats Jets E-Jets Customer Base by Business Model (% of E-Jets Fleet+Backlog) 43% 48% 19% 33% Low Cost Carriers Regional Airlines Network Airlines 30% Firm Orders Backlog 7% 5% 3% 35% 12% 9% 33% 16% 8% 17% 27% 13% 30% Considering Accumulated Net Orders Europe & CIS Middle East & Africa Latin America North America Asia Pacific & China 13
14 E-Jets Deployment helping airlines to be more efficient World 14 Right-sizing New Markets Replacement of old Jets Natural Growth
15 Embraer Market Forecast ( ) Scope Clauses relaxation allowing 80-seater aircraft as a natural growth of RJ50s in the US Right-sizing of narrow-body operations Regional aviation development in Emerging Markets Acceleration of replacement of old & inefficient jets Projected Deliveries - Jets Market Segment (Seats) Deliveries ,625 1, ,765 1, ,795 2,625 North America 2, % Latin America % 12% Europe 1, % Africa % Middle East % Russia / CIS % 6% China 1, % 13% Asia Pacific % 8% Around 6,795 jet deliveries ( seats) in the next 20 years (US$ 315 bi) 15
16 Capacity 32'' pitch Competitive Landscape Seats E195 CS CRJ 1000 E Seats SSJ100/ Seats CRJ900 ARJ21 E175 MRJ90 70 CRJ700 E170 MRJ Range Nominal 16
17
18 Embraer Executive Jets Embraer Executive Jet Delivered in Brazil MORE THAN 550 AIRCRAFT DELIVERED IN OVER 40 COUNTRIES 18
19 Product Portfolio Aircraft Model Seats / Range Competitors Entry Certified: 2008 Phenom 100 up to 8 occupants/ 1,178 nm Cessna - Mustang CJ1+/M2 HondaJet Light Certified: 2009 Phenom 300 up to 11 occupants/ 1,971 nm Cessna - CJ2+/CJ3/CJ4 Hawker - PremierIA/400XP Bombardier - Learjet 40XR SyberJet - SJ30 Mid-light Under development Legacy to 9 passengers/ 2,300 nm Bombardier - Learjet 45XR Cessna - XLS+/Latitude Hawker 750 Mid-size Super Mid-Size Certified: 2001 Legacy 500 Legacy to 12 passengers/ 3,000 nm 13 to 14 passengers/ 3,400 nm Bombardier - Learjet 60XR/85 Cessna - Sovereign Hawker - H900XP Gulfstream G150 Bombardier - CL300/CL850 Cessna - X/Ten Dassault - Falcon 2000S Gulfstream - G200/G280 Hawker - H4000 Large Certified: 2010 Legacy to 14 passengers/ 3,900 nm Bombardier - CL605/GL5000 Dassault - Falcon 2000/900LX Gulfstream - G350/G450 Ultra-Long Range Ultra-large Certified: 2008 Lineage to 19 passengers/ 4,500 nm Bombardier - GL XRS Gulfstream G500/G550/G650 Dassault Falcon 7X Airbus - ACJ 318/319/320 Boeing BBJ/BBJ2/BBJ3 SSJ VIP/ ARJ21B / An-148VIP 19
20 % OEM Share Total Revenues US$ % OEM Share Total units Market Share Revenues share (US$ - based on B&CA list prices) Deliveries share (units) $16.6Bi $19.3Bi $22.2Bi $17.2Bi $18.2Bi $18.1Bi 885 1,040 1, % 6% 5% 6% 9% 8% 8% 8% 4% 5% 4% 6% 23% 23% 24% 21% 11% 12% 12% 18% 16% 17% 18% 12% 10% 6% 7% 21% 22% 7% 7% 4% 6% 27% 15% 9% 3% 2% 1% 2% 16% 16% 14% 11% 3% 3% 3% 14% 13% 13% 14% 7% 7% 6% 11% 9% 35% 37% 40% 33% 3% 10% 19% 13% 12% 23% 2% 7% 14% 15% 9% 26% 29% 28% 29% 28% 27% 33% 24% 22% 21% 20% 20% 26% Market Revenues 2011: US$18.1 billion Embraer Revenues: US$1.0 billion Embraer Bombardier Cessna Dassault Gulfstream Market Deliveries 2011: 703 units Embraer Deliveries: 99 units Hawker-Beech Others 20
21 Market Forecast - World Deliveries 21
22 Market Forecast 22
23 Business Jets Used Market Inventory Improvement halted 23
24 24
25 Embraer Defense and Security OVER 50 ARMED FORCES IN 48 COUNTRIES 25
26 Embraer Defense and Security Embraer Defense and Security, partners and affiliated companies 26
27 Revenue Participation (%) Embraer Defense and Security Results Revenues Evolution (US$ Million) 6% GAGR 33% 7% 8% 9% 13% 15% EBIT Evolution (%) Backlog Evolution (US$ Billion) 12.4% 12.2% 12.0% 13.4% 9.6% 6.3% Não contabiliza as receitas provenientes da OGMA nos anos de 2006 a 2010.
28 Super Tucano Firm orders: 190 aircraft Brazil: 99 Colombia: 25 Dominican Republic: 8 Chile: 12 Ecuador: 18 Indonesia: 16 Greystone (TACAir): 1 Undisclosed: 11 Deliveries: 168 aircraft Addressable Market Forecast 2020 (US$ million) Medium-term 2,000 Long-term 700 Short-term 800 Total Market Forecast: 300 aircraft / US$ 3.5 billion 28 Partnership with Boeing to provide weapons integration, increasing capabilities of the aircraft.
29 EMBRAER KC-390 Brazil (28) Colombia (12) Argentina (6) Chile (6) Portugal (6) Czech Rep. (2) Total Market Forecast 2025: 700 aircraft / US$ 50+ bi A new tactical military transport and tanker aircraft First flight in 2014 Six countries Letters of intent totalizing 60 aircraft Agreement with Boeing to share technical knowledge and evaluate markets for joint sales efforts. The Brazilian Air Force (FAB) and Embraer concluded the Preliminary Design Review. 29
30 Modernization Programs F-5M A1-M A-4 Addressable Market Forecast 2025 (US$ million) Medium-term 505 Long-term 567 Short-term 527 Brazilian Navy A-4 12 aircraft 2 prototypes at GPX-CS Brazilian Air Force A-1M 43 aircraft 14 received by Embraer for the modernization Total Market Forecast*: 234 aircraft / US$ 1.6 billion Brazilian Air Force F-5M 46 a/c + 11 a/c (2nd batch) 45 already delivered 30 * Considering the market for F-5 and Tucano modernization
31 New Portfolio Command and Control Systems Onboard Systems Simulation Systems Electronic Warfare Systems Intelligence Systems Air Traffic Management and Control Systems HARPIA JV with Elbit/AEL Sistemas where Embraer Defense and Security has a major participation UAS, simulators and modernization of avionics systems Air, ground and sea surveillance radars Remote sensing Engine and Component Maintenance Overhaul and Modernization Aerostructure Manufacturing and Assembling Security of Critical Infrastructure Public Security (sporting events, cities, states) Airport Management Systems SISFRON SisGAAZ VISIONA Satellite 31
32 Brazilian Army Priorities SISFRON Integrated Borders Monitoring System First phase: US$ 400 Million Total estimate: US$ 4 Billion Comprising radars, communication networks, C4I, unmanned air vehicles (UAV) and armored vehicles Sensors Comm 9% UAV 12% 59% Satellite Estimate: US$ 400 Million SW 20% Participation in the first Brazilian Geostationary Satellite 32
33 Revenues Breakdown Evolution 2020 Services 11% Transport 4% Services 10% 2011 KC % Sisfron, Satellite 10% New Business 14% KC % Modernization 25% ISR 10% Radar, C4I, UAV, MRO 18% Light Attack and Combat 9% Light Attack 9% New Business Airport Management Systems Radar, C4I, UAV, MRO 27% SisGAAz ( Blue Amazon Integrated Management System) Security of Critical Infrastructure Public Security (sporting events, cities, states) 33
34 2012 Outlook 34
35 2012 Outlook Net Revenues US$ billion Commercial aviation Executive aviation Defense and security Others Outlook in 1Q12 Current Outlook (Revised in 2Q12) EBIT US$ Million US$ Million EBIT margin 8.0% 8.5% 9.0% 9.5% EBITDA US$ Million US$ Million EBITDA margin 11.5% 12.5% 12.5% 13.5% 35
36 2012 Outlook Research Development CAPEX US$ 100 million US$ 350 million US$ 200 million TOTAL US$ 650 million US$ Million CAPEX R&D Investment/Revenue 36
37
38 Net Revenues / SG&A Expenses Net Revenues - US$ Million SG&A Expenses - US$ Million 21.2% 22.5% 23.2% 23.6% 25.3% ,364 2,025 1,156 1,717 1, Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12 US$ Net Revenues Gross Margin US$ G&A Expenses Selling Expenses , % , %
39 Income from Operations / EBITDA Income from Operations - US$ Million EBITDA - US$ Million 9.1% 7.4% 11.5% 10.2% 7.2% 13.8% 12.8% 15.4% 14.9% 11.8% % % (6) 3Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12 US$ EBIT EBIT Margin US$ EBITDA EBITDA Margin % % % % 39 Without Chautauqua non-recurring event
40 Net Income / Free Cash Flow Net Income - US$ Million Free Cash Flow - US$ Million 9.1% 0.1% 2-4.5% % 4.6% (73) (77) (60) (60) (112) 277 (70) (40) (65) (174) (30) (76) (50) (55) (58) (138) 3Q11 4Q11 1Q12 * 2Q12* 3Q12 US$ Net Income % % Net Margin 3Q11 4Q11 1Q12 2Q12 3Q12 Free cash flow Net cash generated (used) by operating activities* Additions to PP&E Additions to Intangible US$ * Reflects re-calculation of Company s income tax base * Net of Financial assets adjustment
41 Indebtedness Profile / Net Cash Indebtedness Maturity Net Cash - US$ Million 26% % % 22% 17% % 85% 74% 78% 83% Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12 Long-term Short-term Loans Average Maturity (Years) US$ 2.08 Billion Total Debt 3Q12 Total Cash 3Q12 US$ 2.21 Billion 41
42 Investments US$ Million RESEARCH DEVELOPMENT CAPEX YTD Outlook 42
43 Investors Return EPADS and Pay Out Dividend Yield (%) 115% 53% % % % % % * 2010* 2011* EPADS Pay Out : US GAAP * : IFRS
44 Ownership Structure 724,040,044 Voting Shares June,
45 45
46 Sustainability Initiatives ISO and OHSAS Certifications Brazilian Alliance for Bio-fuel 1st ethanol powered aircraft in the World Social Activities Reforestation Projects Recycling Ipanema Corporate Values Greener Technology 46
47 Lean Results E-Jets Final Assembly Line Transformation Dock layout Assembly Line 2009 Assembly Line 2011 Performance indicators May/2008 (15ac/month) July/2009 (10ac/month) Sep/2009 (10ac/month) June/2010 (8ac/month) Mar/11 (10ac/month) Out/11 (12ac/month) Number of positions Cycle time (days) Work in process (US$mi) Number of non-conformity per a/c , Over time (% of work hours) 10 1,5 1,5 0,
48 P3E Results Kaizen - E-Jets Cycle Reduction Cost of Non Quality Reduction Lead Time (E-Jets) Cost of Non Quality 40% 44% % reduction on the production cycle 44% reduction on CNQ 48
49 Boa Idéia Program Evolution 28,3 Cost: US$ 18.9 mi Benefit: US$ mi 22,7 22,7 24,0 9,1 10,7 7,2 8,4 10,6 12,7 14,5 0,4 3,5 0,9 1,2 0,5 0,8 1,6 1,3 1,6 2,5 3,1 2,2 2,
50 50
51 Forward Looking Statement This presentation includes forward-looking statements or statements about events or circumstances which have not occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business and our future financial performance. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things: general economic, political and business conditions, both in Brazil and in our market. The words believes, may, will, estimates, continues, anticipates, intends, expects and similar words are intended to identify forward-looking statements. We undertake no obligations to update publicly or revise any forward-looking statements because of new information, future events or other factors. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this presentation might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements. 51
+55 12 3927 4404 investor.relations@embraer.com.br www.embraer.com.br JANUARY 2016 MARCH 2016 CORPORATE AND BUSINESS STRATEGY ORGANIC GROWTH MARGINS ENHANCEMENT THROUGH THE P3E BUSINESS AND REVENUES DIVERSIFICATION
More informationFOURTH QUARTER & FY 2012 EARNINGS RESULTS March 13, 2013
FOURTH QUARTER & FY 2012 EARNINGS RESULTS March 13, 2013 Forward-Looking Statements This presentation may contain forward-looking statements, projections and estimates regarding circumstances or events
More informationAPR 18 RI.EMBRAER.COM.BR EMBRAER RI
APR 18 RI.EMBRAER.COM.BR INVESTOR.RELATIONS@EMBRAER.COM.BR EMBRAER RI +55 12 3927 1000 THIS PRESENTATION INCLUDES FORWARD-LOOKING STATEMENTS OR STATEMENTS ABOUT EVENTS OR CIRCUMSTANCES WHICH HAVE NOT OCCURRED.
More informationUBS 14 th Global Emerging Markets Conference. New York, November 2016
UBS 14 th Global Emerging Markets Conference New York, November 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating
More informationEMBRAER DAY USA
EMBRAER DAY 2016 - USA John Slattery President & CEO, Commercial Aviation +55 12 3927 4404 investor.relations@embraer.com.br www.embraer.com 2 Highlights 1,740+ accumulated E-Jets orders 100 Embraer jet
More informationWhen is the business aviation upturn coming and what role does the Mediterranean market play?
AEROSPACE INFORMATION REDEFINED When is the business aviation upturn coming and what role does the Mediterranean market play? Mediterranean Business Aviation 13 th September 2013 Daniel Hall Ascend Advisory
More informationJ.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019
J.P. Morgan 2019 Global Emerging Markets Corporate Conference Miami, February 2019 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial
More informationBank 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 informationHans-Peter Ring EADS Chief Financial Officer. Cowen Conference February 8 th 2012
Hans-Peter Ring EADS Chief Financial Officer Cowen Conference February 8 th 2012 Safe Harbour Statement 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,
More informationMARKET FORECAST BOMBARDIER COMMERCIAL AIRCRAFT COMMERCIALAIRCRAFT.BOMBARDIER.COM BOMBARDIER COMMERCIAL AIRCRAFT MARKET FORECAST
MARKET FORECAST 2015-2034 BOMBARDIER COMMERCIAL AIRCRAFT COMMERCIALAIRCRAFT.BOMBARDIER.COM BOMBARDIER COMMERCIAL AIRCRAFT MARKET FORECAST 2015-2034 FORWARD-LOOKING STATEMENTS This presentation includes
More informationMilitary Aviation Fleet & MRO Forecast
Military Aviation Fleet & MRO Forecast April 6, 2016 Daniel Z. Katz Director, Defense Analysis and Data Aviation Week Intelligence and Data Services Arlington, VA Source: Aviation Week 2016 Fleet & MRO
More informationVLJs Panel: What is the European Business Model?
VLJs Panel: What is the European Business Model? Phenom 100 and the European market May 24 th, 2007 Marco Túlio Pellegrini VP, Market Intelligence Forward Looking Statement This presentation includes forward-looking
More informationSafe Harbor Statement
B. Riley & Co. 8 th Annual Las Vegas Investor Conference Peter Gundermann, President & CEO March 13, 2007 Safe Harbor Statement These slides contain (and the accompanying oral discussion will contain)
More informationInterim Business Report 2017
April 1, 2017 through September 30, 2017 November 22, 2017 Contents SECTION 1 01 Consolidated Statement of Income 02 Factors Leading to Difference in Consolidated Ordinary Income Compared With Same Period
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 informationAmerican Airlines Group Inc.
American Airlines Group Inc. Bank of America Merrill Lynch 2018 Transportation Conference Derek Kerr Chief Financial Officer Cautionary Statement Regarding Forward-Looking Statements and Information This
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 informationJoe Randell President and Chief Executive Officer Jolene Mahody Executive Vice President and Chief Financial Officer
Joe Randell President and Chief Executive Officer Jolene Mahody Executive Vice President and Chief Financial Officer Nathalie Megann Vice President, Investor Relations and Corporate Affairs December, 2015
More informationAEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT
AEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT Aerospace & Electronics Overview and Results Market Outlook Technological Differentiation and Growth Summary 2 Crane Aerospace & Electronics Industry Leader
More informationWireless Technology for Aircrafts. Opportunities and Challenges. Fly-by-Wireless Workshop March 27-28, 2007
Wireless Technology for Aircrafts Opportunities and Challenges Fly-by-Wireless Workshop March 27-28, 2007 Presented by Henrique A Alves henrique.alves@embraer.com.br Agenda Introduction to EMBRAER Wireless
More informationPaulo Cesar de Souza e Silva President & CEO
Esta informação é propriedade da Embraer e não pode ser usada ou reproduzida sem autorização por escrito. Paulo Cesar de Souza e Silva President & CEO 2015 Highlights Record Backlog E-Jets Delivery New
More informationABX. Holdings, Inc. BB&T Transportation Conference. February 2008
ABX Holdings, Inc. BB&T Transportation Conference February 2008 1 Safe Harbor Statement Except for historical information contained herein, the matters discussed in this presentation contain forward-looking
More informationAIRBUS. H Roadshow Presentation. July 2018
AIRBUS H1 2018 Roadshow Presentation July 2018 H1 18 HIGHLIGHTS 2 Robust commercial aircraft environment Backlog of ~7,200 a/c underpins ramp-up plans H1 financials reflect mainly A350 performance and
More informationGlobal Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ):
Industry Research by Koncept Analytics Global Commercial Aircraft MRO Market (Maintenance, Repair & Overhaul ): Industry Analysis & Outlook ----------------------------------------- (2018-2022) January
More information2015 Q3 Investor Conference
2015 Q3 Investor Conference Accountability Innovation Dedication Customer Orientation Aerospace Industrial Development Corporation Date: October 13, 2015-0- 0 0 Contents I. Markets II. Operations and Financial
More informationMRO 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 informationGabelli Asset Management Aircraft Supplier Conference
Gabelli Asset Management Aircraft Supplier Conference Rob Gillette Aerospace President & CEO September 5, 2008 Forward Looking Statements This report contains forward-looking statements within the meaning
More informationGERMAN EQUITY FORUM 2016
Extend Your Expectations GERMAN EQUITY FORUM 2016 NOVEMBER 21, 2016 This document contains information which is proprietary to FACC or other companies. Any reproduction, disclosure or use of this information
More information1Q 2017 Earnings Call. April 18, 2017
1Q 2017 Earnings Call April 18, 2017 Safe Harbor Statement Certain statements included in this presentation are forward-looking and thus reflect our current expectations and beliefs with respect to certain
More informationThank you for participating in the financial results for fiscal 2014.
Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots
More informationAircraft Controls MILITARY AIRCRAFT COMMERCIAL AIRCRAFT AFTERMARKET
Aircraft Controls MILITARY AIRCRAFT COMMERCIAL AIRCRAFT AFTERMARKET The largest of the five Moog operating segments is Aircraft Controls. Revenues from development, production and aftermarket support of
More informationBUSINESS AVIATION MARKET OUTLOOK
BUSINESS AVIATION MARKET OUTLOOK Presented by: Michael Holland Manager mholland@icfi.com Aerospace Raw Materials Conference April 24, 2012 Pittsburgh, PA 0 Agenda Trends Driving Business Aviation Production
More informationexecutive summary The global commercial aircraft fleet in service is expected to increase by 80% to 45,600 aircraft in 2033 including 37,900
executive summary The 2014 Flightglobal Fleet Forecast estimates that 36,820 new commercial jet and turboprop aircraft will be delivered into passenger and freighter airline service between 2014 and 2033.
More informationUBS Aerospace and Defense Boston Investor Day. May 14, 2008
UBS Aerospace and Defense Boston Investor Day May 14, 2008 Forward Looking Statements Certain statements made in this presentation are forward-looking statements within the meaning of the Private Securities
More informationPRESS CONFERENCE. Saint-Cloud July, 26 th 2017
PRESS CONFERENCE Saint-Cloud July, 26 th 2017 Ordre du jour ACTIVITIES and PROGRAMS 1 st half 2017 Context New President of the French Republic, new Prime Minister and new Defense Minister, Defense strategic
More information2011 Annual Meeting of Shareholders
2011 Annual Meeting of Shareholders Lynton R. Wilson Chairman of the Board 2011 Annual Meeting of Shareholders Call to Order Constitution of Meeting Appointment of Scrutineers Establishment of Quorum Meeting
More information2017 Amadeus IT Group and its affiliates and subsidiaries. Amadeus 2016 Results. February 24, 2017
Amadeus 2016 Results February 24, 2017 Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationAmerican Airlines Group Inc.
American Airlines Group Inc. Deutsche Bank Leveraged Finance Conference October 4, 2017 Tom Weir Vice President, Treasurer Cautionary Statement Regarding Forward-Looking Statements and Information This
More informationFY RESULTS ROADSHOW PRESENTATION
1 FY RESULTS 2014 ROADSHOW PRESENTATION FY 2014 HIGHLIGHTS FOCUS ON EXECUTION 2 Strong financial performance Revenues: 61 bn, +5% vs. 2013 EBIT* before one off: 4.1 bn, +15% vs. 2013 EPS: 2.99, +61% vs.
More informationFourth Quarter 2015 Financial Results
Fourth Quarter 2015 Financial Results AerCap Holdings N.V. February 23, 2016 Disclaimer Incl. Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates and forecasts
More informationAirbus. Tom Enders Airbus. 15 & 16 December 2011
Airbus Tom Enders Airbus Global Investor Forum Global Investor Forum 15 & 16 December 2011 Safe Harbour Statement 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates,
More informationINVESTOR 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 informationGerry 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 information2013 Annual Results Press Conference, March 13, 2014 Eric Trappier, Chairman & CEO
2013 Annual Results Press Conference, March 13, 2014 Eric Trappier, Chairman & CEO Falcon: an expanded product line 77 Falcon delivered in 2013 : Falcon 7X Certification of EASy II cockpit Falcon 900LX
More informationSAS Q3 2016/
SAS Q3 2016/2017 05.09.2017 A strong summer performance drives result improvements Q3 IN SUMMARY Positives + Currency adjusted passenger revenue up 6.4% + Passengers up by ~300,000 + Ancillary and cargo
More informationINVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015
1 INVESTOR MEETING PARIS AIRSHOW 2015 Tom Enders Fabrice Bregier Harald Wilhelm CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus PATH TO ENHANCED VALUE 2 Healthy commercial aircraft market Transformation
More informationRADA Electronic Industries Ltd. (Nasdaq: RADA) March 2019
RADA Electronic Industries Ltd. (Nasdaq: RADA) March 2019 DISCLAIMER This presentation contains certain statements that may be deemed to be forward looking statements within the meaning of Section 27A
More informationCopa 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 informationAmadeus Jan-Mar 2018 Results
Amadeus Jan-Mar 2018 Results May 4, 2018 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More information2017 Amadeus IT Group and its affiliates and subsidiaries. Amadeus 2016 Results. February 24, 2017
Amadeus 2016 Results February 24, 2017 Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationINVESTOR 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 informationJazz Air Income Fund. presented by Allan Rowe, Senior Vice President and Chief Financial Officer
Jazz Air Income Fund presented by Allan Rowe, Senior Vice President and Chief Financial Officer BMO Capital Markets 2007 Income Trust Conference Toronto, November 20, 2007 Hello. 1 Forward Looking Statement
More informationInvestment Highlights
Third Quarter 2014 Investment Highlights 1 Mexican airport portfolio positioned to take full advantage of global growth. 2 Diversified business model contributing to earnings resilience. 3 Well-defined
More informationInvestor Relations Update October 25, 2018
General Overview Investor Relations Update Revenue The company expects its fourth quarter total revenue per available seat mile (TRASM) to be up approximately 1.5 to 3.5 percent year-over-year. Fuel Based
More informationCopa 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 informationAerCap Holdings N.V. April 11, 2015
AerCap Holdings N.V. April 11, 2015 Disclaimer Incl. Forward Looking Statements & Safe Harbor This presentation contains certain statements, estimates and forecasts with respect to future performance and
More informationRandy Tinseth Vice President, Marketing Boeing Commercial Airplanes
Randy Tinseth Vice President, Marketing Boeing Commercial Airplanes June 2017. The statements contained herein are based on good faith assumptions are to be used for general information purposes only.
More informationCRANE Co. Overview. Aerospace & Electronics. Engineered Materials
CRANE Co. Overview Aerospace & Electronics Engineered Materials Merchandising Fluid Handling Controls 1 Crane Aerospace & Electronics $678M Sales (2011) AEROSPACE 62% Aerospace 61% text Electronics 39%
More informationOPERATING 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 informationInvestor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE
Investor Update September 2017 PARTNER OF CHOICE EMPLOYER OF CHOICE INVESTMENT OF CHOICE 1 Forward Looking Statements In addition to historical information, this presentation contains forward-looking statements
More informationInvestor Update Issue Date: April 9, 2018
Investor Update Issue Date: April 9, 2018 This investor update provides guidance and certain forward-looking statements about United Continental Holdings, Inc. (the Company or UAL ). The information in
More informationDeutsche Bank 16 th Annual Global Emerging Markets. New York, September 2017
Deutsche Bank 16 th Annual Global Emerging Markets New York, September 2017 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and
More informationBoeing Commercial Airplanes
May 2014 Investor Conference Boeing Commercial Airplanes Ray Conner President and Chief Executive Officer Boeing Vice Chairman May 21, 2014 Boeing Commercial Airplanes Strong operating performance Record
More informationForecasting ina cyclical industry
DAY 1: WEDNESDAY 18 APRIL 2012 Strategies and Tools for Forecasting ina cyclical industry Mario Formica, Vice President Strategic Marketing & AirlineStudies ATR at a glance The role of regional air transport
More informationSantander 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 informationEmbraer Delivers 30 Commercial and 52 Executive Jets in 4Q14
Embraer Delivers 30 Commercial and 52 Executive Jets in 4Q14 São José dos Campos, Brazil, January 13, 2015 Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 30 commercial and 52 business jets, 38
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 informationNBAA 2015 MARKET UPDATE
NBAA 2015 MARKET UPDATE November 2015 Forward-Looking Statements 2 This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements,
More informationManagement 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 informationAviation market is back worldwide
GE Infrastructure Analyst Meeting November 2, 2005 GE Aviation Scott C. Donnelly November 2, 2005 Aviation market is back worldwide Airline Passenger Demand 2,800 2,600 2,400 2,200 2,000 1,800 Revenue
More informationSecond 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 informationCiti 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 informationMID-AGE AIRCRAFT 2017 LEASE HIGH YIELD MID-AGE AIRCRAFT LEASE AND TECHNICAL RISKS
MID-AGE AIRCRAFT 2017 LEASE HIGH YIELD MID-AGE AIRCRAFT LEASE AND TECHNICAL RISKS TODAY S PRESENTER 2 TOMAS SIDLAUSKAS Vice President Sales & Member of the Management Board Joined the Group in 2013, is
More informationAIRBUS 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 informationABX HOLDINGS, INC. Shareholders Meeting. May 13, 2008
Shareholders Meeting May 13, 2008 1 1 1 Safe Harbor Statement Except for historical information contained herein, the matters discussed in this presentation contain forward-looking statements that involve
More informationHoneywell Aerospace Priorities
POSSIBILITIES OF FLIGHT. MADE EASY. Honeywell Aerospace Priorities Air Traffic Management The skies are crowded and the infrastructure is aging. The current air traffic management (ATM) system is insufficient
More informationSECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 6-K
6-K 1 gol20190104_6k1.htm GOL20190104_6K1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF
More informationInvestment Highlights
Second Quarter 2014 Investment Highlights 1 Mexican airport portfolio positioned to take full advantage of global growth. 2 Diversified business model contributing to earnings resilience. 3 Well-defined
More informationAEROSPACE FLEET EXPERIENCE. Tim Mahoney, President & CEO Carl Esposito, VP, Marketing & Product Management June 23, 2014
AEROSPACE FLEET EXPERIENCE Tim Mahoney, President & CEO Carl Esposito, VP, Marketing & Product Management June 23, 2014 0 Aerospace Fleet Experience June 23, 2014 Forward Looking Statements This report
More informationAmadeus Jan-Jun 2018 Results
2018 Amadeus IT Holding and its affiliates and subsidiaries Amadeus Jan-Jun 2018 Results July 27, 2018 Disclaimer This presentation may contain certain statements which are not purely historical facts,
More informationInvestor Presentation
Investor Presentation Credit Suisse Global Industrials Conference December 3, 2013 2013 Rockwell Collins. All rights reserved. Safe Harbor Statement This presentation contains statements, including certain
More informationAIRBUS. Member States Shareholder Meeting. Toulouse 4 October 2017
AIRBUS Member States Shareholder Meeting Toulouse 4 October 2017 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates,
More informationThe Global Military Aviation MRO Market
The Global Military Aviation MRO Market 2012-2022 John Carpenter House, 7 Carmelite Street, LondonEC4Y 0BS, United Kingdom, Tel: +44 (0)20 7936 6830 TABLE OF CONTENTS 1 Introduction... 12 1.1 What is this
More informationEmbraer Excellence. FNQ Good Practices International Forum
Embraer Excellence FNQ Good Practices International Forum 10/18/2016 1994 Embraer is privatized, fusing technological and industry expertise with an entrepreneurial approach. 1946 Brazil launches a national
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 informationFY 2018 ROADSHOW PRESENTATION. February 2019
FY 2018 ROADSHOW PRESENTATION February 2019 SAFE HARBOUR STATEMENT DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends, plans,
More informationAEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT
AEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT Executive Summary Revenue projections growing with commercial volumes and strengthening defense market Maintaining excellent margins High-value products
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 informationSteve Hahn. Current Market Outlook. Director, Japan Enterprise Technology Programs. Boeing Commercial Airplanes July 2014.
Current Market Outlook 2015 Boeing Commercial Airplanes July 2014 The statements contained herein are based on good faith assumptions and are to be used for general information purposes only. These statements
More informationAmadeus Jan-Jun 2017 Results. July 28, 2017
Amadeus Jan-Jun 2017 Results July 28, 2017 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationNBAA 2014 Business Aviation Market Update. October 2014
NBAA 2014 Business Aviation Market Update October 2014 1 Jefferies Global Industrials Conference - August 14, 2014 Forward Looking Statements This report contains forward-looking statements within the
More informationAviation Updates. Mr. John Schubert. Managing Director, Marketing-Asia Pacific & India
Aviation Updates Mr. John Schubert Managing Director, Marketing-Asia Pacific & India Market Update The statements contained herein are based on good faith assumptions are to be used for general information
More informationFourth 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 informationIATA ECONOMIC BRIEFING FEBRUARY 2007
IATA ECONOMIC BRIEFING FEBRUARY 27 NEW AIRCRAFT ORDERS KEY POINTS New aircraft orders remained very high in 26. The total of 1,834 new orders for Boeing and Airbus commercial planes was down slightly from
More informationAIRBUS FY 2017 ROADSHOW PRESENTATION
AIRBUS FY 2017 ROADSHOW PRESENTATION February 2018 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends,
More informationGeneral Aviation Airplane Shipment Report. End-of-Year 2008
General Aviation Airplane Shipment Report General Aviation Manufacturers Association 1400 K Street NW, Suite 801 Washington, DC 20005 End-of-Year 2008 February 8, 2012 Make and Model QI QII QIII QIV YTD
More informationQ3 2015/2016 Sales Presentation. ZODIAC AEROSPACE Tuesday 14th June 2016
Q3 2015/2016 Sales Presentation ZODIAC AEROSPACE Tuesday 14th June 2016 Safe Harbour statement Certain statements contained in this document are forward-looking statements. These statements includes, without
More informationRegional Aircraft The Way Forward. The most successful Regional Aircraft programs in history. Presented by Mike Lewis. September 26, 2006
Regional Aircraft The Way Forward The most successful Regional Aircraft programs in history. Presented by Mike Lewis September 26, 2006 Regional Passenger Traffic Strong Growth Continues 500 450 400 350
More informationAIRBUS. Berenberg Conference. 23 May 2018
AIRBUS Berenberg Conference 23 May 2018 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends, plans,
More informationManagement 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