FIRST QUARTER RESULTS 2017

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "FIRST QUARTER RESULTS 2017"

Transcription

1 FIRST QUARTER RESULTS 2017 KEY RESULTS In the 1Q17 Interjet total revenues added $4,421.5 million pesos that represented an increase of 14.8% over the income generated in the 1Q16. In the 1Q17, operating income loss of $ million pesos, with a negative margin of 10.8%. In 1Q17, EBITDAR decreased $ million pesos compared to the same period of 2016, reaching $ million pesos with a margin of 12.0%, in relation to total revenue. INTERJET recorded a net loss of $ million pesos in 1Q17, compared to a net income of $ million pesos in the same period of Q= First quarter

2 Below is a summary of the selected consolidated and operating information, which is derived from the comparison of Interjet s audited consolidated financial information for the first quarter of 2017 vs

3 Market environment INTERJET operated during the 1Q17 in an environment defined by the following factors: Depreciation of the average exchange rate. The closing exchange rate for the quarter recorded a depreciation of the peso against the US dollar of

4 8.4% compared to the same period of 2016, going from $ pesos per US dollar at 1Q16 to $ pesos per US dollar at 1Q17. Increase in fuel prices in pesos. During the period January-March 2017 the average price of fuel per liter paid by INTERJET increased by 56.3% compared to the same period in 2016, reaching an average price per liter of $ 9.48 compared to $ 6.06 average per liter in 1Q16. Slight economic growth. During the 2017 the Mexican economy showed a slight recovery in the pace of economic growth. The General Indicator of Economic Activity (IGAE) in 2017 grew 0.1% compared to the same period of Growth of passenger traffic in the domestic industry. According to figures published by the DGAC, the passenger market for Mexican airlines increased by 13.0% in the 1Q17 over the previous year. The volume of passengers in the domestic market increased 11.6%, while the international market grew 17.5%. Revenue In the 1Q17 INTERJET total revenue increased 14.8% from $ 3,850.8 million pesos in the 1Q16 to $4,421.5 million pesos in the 1Q17. This increase was mainly due to an increase in passenger revenue.

5 Passenger revenue increased 13.1% from $ 3,563.5 million pesos in the 1Q16 to $4,030.2 million pesos in 1Q17, mainly due to a higher volume of passengers transported, given the airline's international expansion; although the Holly and Easter weeks in 2016 were in 1Q16, and this year, seasonality will be reflected in the second quarter. In addition, this increase was partially offset by the negative impact on the sales caused by the safety precautionary measure requested in the guidance issued by the Russian Aeronautical Authority December 2016, in relation to the line of aircraft SSJET100 worldwide. The seats supply (ASK's) increased by 29.5% in the 1Q17 compared to the same period of 2016, mainly due to the opening of new routes and an increase of operations by the planned expansion of the Company through incorporating new fleet. Other income increased 36.2%, from $ million pesos in the 1Q16 to $ million pesos in the 1Q17, mainly due to higher income as a result of the recent launch of the strategy of charging for ancillaries not included in the basic rate. Operating expenses Operating expenses increased 36.9%, from $3,580.0 million pesos in the 1Q16 to $4,899.3 million pesos in the 1Q17. This increase was mainly due to a 56.3% increase in fuel prices due to an increment in operations because of the incorporation of aircrafts that caused higher expenses of: maintenance, airport operating and landing fees, aircraft rent and expenses Inherent to the expansion of operations, as well as the impact of the devaluation of the peso against the dollar. At the end of 1Q17 the company operated 22 SSJ100, 45 A320's and 3 A321's. The unit cost per ASK in pesos (CASK) increased 5.7% in relation to 1Q16, as a result of higher expenses for additional operations, increase in fuel prices, a larger

6 fleet and international expansion, partially offset by the income generated through the new routes. On the other hand, the CASK excluding fuel decreased 6.8% over the same period of the previous year, as a result of the implementation of the control of expenses program, and a greater supply of ASK's. Fuel expenses on the 1Q17 increased by 99.5% from $735.1 million pesos in 1Q16 to $1,466.4 million pesos in the same period of 2017, mainly due to the increase of 56.3% in the price per liter of fuel paid by the Company reaching an average price per liter of $9.48 in the 1Q17 compared to $6.06 of 1Q16, mainly due to the impact of the devaluation of the peso against the dollar and the increase of operation specially in the international routes. Maintenance expenses increased 12.4% from $415.5 million in 1Q16 to $467.0 million in 1Q17 as a result of higher services to our fleet, the increase of operations for new routes, the increase in our fleet and the impact of the devaluation of the peso against the dollar. The increase was partially offset by the reversal of excess maintenance provisions. The costs for Airport operating and landing fees increased 29.8% from $577.4 million pesos in the 1Q16 to $749.4 million pesos in the 1Q17 as a result of an increase in the number of operations during the 1Q17 mainly in the international market compared to the same period of Likewise, this item was negatively impacted by the effect of the event of the directive issued by the Russian Aeronautical Authority last December, as well as by the impact of the devaluation of the peso against the dollar. Expenses for wages, salaries and crew benefits increased 30.0%, from $317.2 million pesos in 1Q16 to $412.4 million in 1Q17, mainly due to the increase of 28.2% in number of crew employees, going from 1,359 in 1Q16 to 1,742 in the same period of 2017, that included an increase in training and travel expenses, as a result of the additional aircraft that were added in this period.

7 Selling and advertising expenses increased 6.3% from $332.7 million pesos in the 1Q16 to $353.5 million pesos in the 1Q17 as a result of an increase in advertising to promote new routes and of higher bank fees due to the increase in sales. The technology and administrative expenses increased 6.4% to $323.3 million pesos in the 1Q16 to $344.1 million pesos in the 1Q17 as a result of the impact of the devaluation of the peso against the dollar. Aircraft and engine rents increased 32.3% from $515.8 million pesos in the 1Q16 to $682.1 million pesos in the 1Q17 reflecting the effect of the depreciation of the peso against the dollar, considering that the aggregate of our rents is in dollars, and the increase in the leased fleet. Depreciation expenses increased 2.8% from $317.2 million pesos in the 1Q16 to $326.2 million pesos in the 1Q17 as a result of an addition of 2 aircrafts to our fleet. EBITDAR EBITDAR decreased 51.9% from $1,103.8 million pesos in the 1Q16 to $530.6 million pesos in the 1Q17. The EBITDAR margin reached 12.0% in the 1Q17 compared to the 28.7% regarding the same period of Operating Income In 1Q17, operating income went from a profit of $270.9 million pesos in 1Q16 to a loss of $477.7 million pesos in 1Q17. This was mainly due to the increase in the Company's revenues, which was exceeded due to the increase in operating expenses, mainly due to the increase in the cost of fuel mentioned above. Comprehensive financing cost

8 Comprehensive financing cost increased 73.7%, from a cost of $66.0 million pesos in 1Q16 to a cost of $114.7 million in 1Q17, as a result of higher interest paid due to the increase of dollar bank debts for the acquisition of flight equipment, partially offset by favorable foreign exchange effects due to the depreciation of the peso against the US dollar. Net Income INTERJET reflected a net loss of $596.6 million pesos in 1Q17, compared to a net profit of $203.9 million pesos regarding the same period of Comments to the statement of financial position and liquidity As of March , the Company had $1,368.1 million pesos in cash and cash equivalents. The net cash generated by operating activities in 1Q17 amounted $1,024.9 million pesos. Net cash used in investing activities mainly reflects payments for maintenance and aircraft investments in accordance with the Company's business plan. The net cash used in financing activities reflects higher bank loans for the acquisition of aircraft and for working capital. Relevant Event As of January 6, 2017, the Shareholders' Meeting approved a capital increase in the amount of $4, million pesos, which will be subscribed during the first

9 semester of Giving effect to this subscription in stockholders' equity as of March 31 of 2017, the amount of stockholders' equity after the aforementioned subscription will be $8,084.6 million pesos. The sources of this subscription will be mainly applied to the reduction of financial borrowings. Below is a Proforma summarized balance sheet, giving effect to this capital contribution: Unaudited Summarized Condensed Consolidated Interim Statements of Financial Position as of March , giving effect to the increase in capital described above would be as follows: 1Q17 CAPITALIZATION 1Q17 PROFORMA CURRENT ASSETS 4,529,950 4,529,950 LONG TERM ASSETS 29,289,116 29,289,116 TOTAL ASSETS 33,819,066 33,819,066 CURRENT LIABILITIES LONG-TERM LIABILITIES TOTAL LIABILITIES STOCKHOLDER'S EQUITY 14,702,253-4,000,000 10,702,253 15,032,167 15,032,167 29,734,420 25,734,420 4,084,646 4,000,000 8,084,646 33,819,066 33,819,066 Investor Relations Contact: Raul Lopez/CFO/+52 (55)

10 ABC Aerolíneas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Statements of Financial Position As of March 31, 2017 and December 31, 2016 (In thousands of Mexican pesos) March 31, 2017 December 31, 2016 (Audited) Assets Current assets: Cash and cash equivalents $ 1,368,133 $ 1,390,741 Accounts receivable 2,023,534 1,057,816 Recoverable taxes, mainly income tax and value-added tax 418, ,954 Inventories 165, ,248 Prepaid expenses 553, ,231 Total current assets 4,529,950 3,386,990 Advance payments to purchase flight equipment 1,559,762 1,636,087 Flight equipment, leasehold improvements, and furniture and equipment - Net 19,957,996 21,545,951 Prepaid maintenance 6,373,092 6,967,318 Deferred tax assets 38,110 57,930 Other assets - Net 185, ,425 Concession 43,797 43,797 Deposits on aircraft leases 1,130,434 1,220,649 Total $33,819,066 $35,039,147 Liabilities and stockholders equity Current liabilities: Notes payable to financial institutions $ 7,142,788 $ 6,912,395 Provision of maintenance and retirement conditions 774, ,747 Accounts payable 2,934,005 3,339,696 Other accounts payable and accrued expenses 1,656, ,420 Payable taxes other than income taxes 504, ,703 Air traffic liability 1,689,910 1,277,572 Total current liabilities 14,702,253 13,534,533 Notes payable to financial institutions 10,709,566 12,083,702 Long-term debt 1,716,965 1,896,501 Employee benefits and other deferred liabilities 11,423 11,423 Provision of maintenance and retirement conditions 2,594,213 2,871,588 Total liabilities 29,734,420 30,397,747 Stockholders equity: Capital stock 900, ,000 Contributions for future capital increases 5 5 Translation effects of foreign operation 944, ,984 Retained earnings 2,197,261 2,796,975 Controlling interest 4,042,142 4,601,965 Noncontrolling interest 42,504 39,435 Total stockholders equity 4,084,646 4,641,400 Total $33,819,066 $35,039,147

11 ABC Aerolineas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Statements of Profit or Loss For the three months ended March 31, 2017 and 2016 (In thousands of Mexican pesos) Three months ended March Operating revenues: Passengers 4,030,222 3,563,462 Other 391, ,374 4,421,517 3,850,836 Operating expenses: Aircraft fuel 1,466, ,113 Maintenance and return conditions 466, ,530 Airport operating and landing fees 749, ,361 Wages, salaries and benefits 412, ,172 Insurance and passenger service 98,085 45,781 Selling 353, ,741 Administrative and other 344, ,316 Flight equipment rentals 682, ,773 Depreciation and amortization 326, ,167 4,899,254 3,579,954 Gross Profit (477,737) 270,882 Comprehensive financing cost: Interest income 10,817 8,220 Interest expense (268,576) (195,554) Exchange gain-net 143, ,305 (114,678) (66,029) Profit before income taxes (592,415) 204,853 Income taxes expense 4, Consolidated net profit (596,646) 203,907

12 ABC Aerolineas, S.A. de C.V. and Subsidiaries Consolidated Statements of Changes in Stockholders' Equity For the years ended December 31, 2016 and March 31,2017 (In thousands of Mexican pesos) Capital Stock Contributions for future capital increases Cumulative translation adjustments Retained earnings Non controlling interests Total Balances as of December 31, 2014 $900,000 $5 $101,012 $2,127,472 $20,021 $3,148,510 Comprehensive Income: Cumulative translation adjustments of foreign operations , ,207 Consolidated Net income for the year ,976 10, , $174,207 $400,976 $10,917 $586,100 Balances as of December 31, 2015 $900,000 $5 $275,219 $2,528,448 $30,938 $3,734,610 Comprehensive Income: Cumulative translation adjustments of foreign operations - - $629, $629,765 Consolidated Net income for the year ,528 8, , , ,528 8, ,790 Balances as of December 31, 2016 $900,000 $5 $904,984 $2,796,976 $39,435 $4,641,400 Comprehensive Income: Cumulative translation adjustments of foreign operations , ,892 Consolidated Net income for the year (599,715) 3,069 (596,646) ,892 (599,715) 3,069 (556,754) Balances as of March 31, 2017 $900,000 $5 $944,876 $2,197,261 $42,504 $4,084,646

13 ABC Aerolíneas, S.A. de C.V. and Subsidiaries Unaudited Consolidated Statements of Cash Flows For the three months ended March 31, 2017 and 2016 (In thousands of Mexican pesos) March 31, 2017 March 31, 2016 Cash flows from operating activities: Net profit for the year (596,646) 203,904 Adjustments for: Income tax expense recognized in net income 19,820 (32) Depreciation and amortization for non-current assets 326, ,167 Provision of maintenance and retirement conditions (360,227) (38,848) Interest expense 268, ,554 Unrealized foreign exchange gain 1,422,398 15,644 Movements in working capital: (Increase) decrease in accounts receivables (965,718) (533,487) (Increase) decrease recoverable taxes, mainly income tax and value-added tax (151,029) 8,761 (Increase) decrease in inventories (6,228) 52,543 (Increase ) decrease in prepaid expenses (42,593) (231,812) (Increase ) decrease in deposits on aircraft leases 90,215 (50,159) Increase (decrease) in accounts payables (405,691) 10,995 Increase (decrease) in other accounts payable and accrued expenses 749, ,732 Increase (decrease) in income taxes paid 264,334 14,735 Increase (decrease) in air traffic liability 412, ,508 Increase (decrease) in employee benefits (2,797) Net cash generated by operating activities 1,024, ,408 Cash flows from Investing activities: Flight equipment, adapatations, leasehold improvements, and furniture and equipment (120,736) (423,000) Advance payments to purchase aircraft 76,325 (16,100) Other assets (5,500) (7,800) Prepaid maintenance 594,226 (124,700) Net cash used in investing activities 544,315 (571,600) Cash flows from financing activities: Loans received (1,323,279) (18,029) Interest paid (268,576) (195,554) Net cash generated by financing activities (1,591,855) (213,583) Effects from exchange rate changes 0 0 Net decrease in cash and cash equivalents (22,608) (401,823) Cash and cash equivalents at the beginning of the year 1,390,741 2,020,209 Cash and cash equivalents at end of the year 1,368,133 1,618,386

14 Glossary ASK Means, (available seat kilometer). Represents the total number of seats flown by an airline multiplied by the number of kilometers flown. RPK Means, (revenue passenger kilometer) Represents the number of kilometers flown by paying customers. Load Factor It means the total seats filled airplane seats average. It is determined by dividing the total RPK's between ASK's. YIELD It means performance indicator of pesos per kilometer. YIELD POR RPK It is determined by dividing passenger revenues divided by RPK's. RASK Means, (Revenues per Available Seat Kilometer) It is determined dividing the TOTAL INCOMES between ASK's. CASK Means (Cost of Available Seat Kilometer) Unitary average cost calculated by dividing total operating expenses by ASKs CASK excluding fuel It is determined by dividing total expenses, less fuel consumption, including ASK's.

15

FOURTH QUARTER RESULTS 2017

FOURTH 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 information

THIRD QUARTER RESULTS 2017

THIRD 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 information

FIRST QUARTER RESULTS 2016

FIRST QUARTER RESULTS 2016 FIRST QUARTER RESULTS 2016 KEY RESULTS In 1Q16 Interjet total revenues added $3,850.8 million pesos that represented an increase of 21.9% over the income generated in the 1Q15. In 1Q16 total passengers

More information

THIRD QUARTER RESULTS 2018

THIRD 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 information

THIRD QUARTER AND NINE MONTHS OF 2014 KEY RESULTS

THIRD 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 information

SECOND QUARTER RESULTS 2018

SECOND QUARTER RESULTS 2018 SECOND QUARTER RESULTS 2018 KEY RESULTS In the 2Q18 Interjet total revenues added $ 5,781.9 million pesos that represented an increase of 9.6% over the revenue generated in the 2Q17. In the 2Q18, operating

More information

Earnings Report 1 st Quarter 2016 Grupo Viva Aerobus

Earnings Report 1 st Quarter 2016 Grupo Viva Aerobus Earnings Report 1 st Quarter 2016 Grupo Viva Aerobus Grupo Viva Aerobus announces results for the first quarter of 2016 Mexico City, Mexico, April 29, 2016- Grupo Viva Aerobus S.A. de C.V. ( Grupo Viva

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

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

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

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

FIRST QUARTER 2014 RESULTS

FIRST QUARTER 2014 RESULTS FIRST QUARTER 2014 RESULTS Mexico City, April 29, 2014 - Grupo Aeromexico S.A.B de C.V. ( Aeromexico ) (BMV: AEROMEX), the largest airline in Mexico, today reported its unaudited consolidated results for

More information

Grupo Viva Aerobus announces results for the third quarter of 2016

Grupo Viva Aerobus announces results for the third quarter of 2016 Earnings Earnings Report Report 3 rd rd Quarter Quarter 2016 2016 Grupo Grupo Viva Viva Aerobus Aerobus Grupo Viva Aerobus announces results for the third quarter of 2016 Mexico City, Mexico, October 27,

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

PRESS 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 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 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

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 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

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

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 $136.5 million and EPS of $3.22 for the First Quarter of 2018

Copa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018 Copa Holdings Reports Net Income of $136.5 million and EPS of $3.22 for the First Quarter of 2018 May 9, 2018 PANAMA CITY, May 9, 2018 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today announced financial

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

CONTACT: Investor Relations Corporate Communications

CONTACT: Investor Relations Corporate Communications NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2017

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

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

Management Discussions and Analysis for the three-month period ended 31 March 2014 and Executive Summary

Management Discussions and Analysis for the three-month period ended 31 March 2014 and Executive Summary Executive Summary Overview of the global economy during the first quarter of 2015 (Q1/2015) are as following; the US economy has been in recovery mode while rapidly dollar appreciation weighs on net exports

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

Copa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008

Copa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008 Copa Holdings Reports Net Income of US$51.9 Million for the Fourth Quarter of 2008 and US$152.2 Million for Full Year 2008 Panama City, Panama --- February 19, 2009. Copa Holdings, S.A. (NYSE: CPA), parent

More information

CONTACT: Investor Relations Corporate Communications

CONTACT: Investor Relations Corporate Communications NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Second Quarter 2016

More information

Third Quarter 2017 Highlights

Third Quarter 2017 Highlights Avianca Holdings Reports Third Quarter 2017 Adjusted Operating Income 1 of $131.5 Million Bogota, Colombia, November 14, 2017 Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today reported its financial

More information

Copa Holdings Reports Net Income of $57.7 million and EPS of $1.36 for the Third Quarter of 2018

Copa Holdings Reports Net Income of $57.7 million and EPS of $1.36 for the Third Quarter of 2018 Copa Holdings Reports Net Income of $57.7 million and EPS of $1.36 for the Third Quarter of 2018 November 14, 2018 PANAMA CITY, Nov. 14, 2018 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA), today announced

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

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

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

SkyWest, Inc. Announces First Quarter 2018 Profit

SkyWest, Inc. Announces First Quarter 2018 Profit NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces First Quarter 2018

More information

Earnings Release Second Quarter 2006

Earnings Release Second Quarter 2006 GOL Reports Net Revenues of R$844mm and EPS of R$0.54 for 2Q06 Brazil s Low-cost, Low-fare Airline Reports Quarterly Net Income of R$107mm 56% increase in Earnings per ADS São Paulo, July 20, 2006 GOL

More information

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS

SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS NEWS RELEASE For Further Information Contact: Investor Relations Telephone: (435) 634-3203 Fax: (435) 634-3205 FOR IMMEDIATE RELEASE: October 29, 2014 SKYWEST, INC. ANNOUNCES THIRD QUARTER 2014 RESULTS

More information

El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year:

El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year: El Al Israel Airlines announced today its financial results for the year 2016 and the fourth quarter of the year: The Company's revenues in 2016 amounted to approx. USD 2,038 million, compared to approx.

More information

El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017.

El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017. August 16, 2017 El Al Israel Airlines announced today its financial results for the second quarter and the first half of 2017. The Company's revenues in the second quarter of 2017 amounted to approx. USD

More information

1Q 2014 Edition. Share Information. Daily Share Price Movements

1Q 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 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

Earnings Report 4 th Quarter 2016 Grupo Viva Aerobus

Earnings Report 4 th Quarter 2016 Grupo Viva Aerobus Earnings Report 4 th Quarter 2016 Grupo Viva Aerobus Grupo Viva Aerobus announces results for the fourth quarter of 2016 Mexico City, Mexico, February 20, 2016- Grupo Viva Aerobus S.A. de C.V. ( Grupo

More information

Fourth Quarter 2017 Highlights

Fourth Quarter 2017 Highlights Avianca Holdings Reports Fourth Quarter 2017 Adjusted Operating Income 1 of $169.1 Million Bogota, Colombia, February 27, 2018 Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today reported its financial

More information

Management s Discussion and Analysis

Management s Discussion and Analysis Management s Discussion and Analysis For the period ended 30 June 2016 Bangkok Airways Public Company Limited and Its Subsidiaries 1 Bangkok Airways Public Company Limited and its Subsidiaries Management

More information

Spirit Airlines Reports First Quarter 2017 Results

Spirit Airlines Reports First Quarter 2017 Results Spirit Airlines Reports First Quarter 2017 Results MIRAMAR, Fla., April 28, 2017 - Spirit Airlines, Inc. (NASDAQ: SAVE) today reported first quarter 2017 financial results. GAAP net income for the first

More information

CONTACT: Investor Relations Corporate Communications

CONTACT: Investor Relations Corporate Communications NEWS RELEASE CONTACT: Investor Relations Corporate Communications 435.634.3200 435.634.3553 Investor.relations@skywest.com corporate.communications@skywest.com SkyWest, Inc. Announces Fourth Quarter 2017

More information

ASUR 2Q11 PASSENGER TRAFFIC UP 2.89% YOY

ASUR 2Q11 PASSENGER TRAFFIC UP 2.89% YOY In Mexico ASUR Lic. Adolfo Castro (52) 5552-84-04-08 acastro@asur.com.mx In the U.S. Breakstone Group Susan Borinelli (646) 330-5907 sborinelli@breakstone-group.com ASUR 2Q11 PASSENGER TRAFFIC UP 2.89%

More information

In 2Q18, Brazil s #1 airline achieves a 2% EBIT margin and grows net revenues by 9%

In 2Q18, Brazil s #1 airline achieves a 2% EBIT margin and grows net revenues by 9% In 2Q18, Brazil s #1 airline achieves a 2% EBIT margin and grows net revenues by 9% Operating Income for the second quarter doubled, reaching R$43 million São Paulo, August 2, 2018 - ( GOL or Company ),

More information

Melco International Development Limited (Incorporated in Hong Kong with limited liability) Website : (Stock Code : 200)

Melco International Development Limited (Incorporated in Hong Kong with limited liability) Website :   (Stock Code : 200) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Tiger Airways Holdings Limited FY11 Results

Tiger 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 information

Enhancing air travel options through a strong focus on profitability and innovation. 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus

Enhancing air travel options through a strong focus on profitability and innovation. 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus 4 th Quarter 2017 Earnings Report Grupo Viva Aerobus Enhancing air travel options through a strong focus on profitability and innovation 1 VIVA AEROBUS REPORTS GROWTH OF 17.9% IN TOTAL OPERATING REVENUE

More information

Enhancing air travel options through a strong focus on profitability and innovation innovation

Enhancing air travel options through a strong focus on profitability and innovation innovation 2 nd Quarter 2018 Earnings Report Grupo Viva Aerobus Enhancing air travel options through a strong focus on profitability and innovation innovation 1 VIVA AEROBUS REPORTS GROWTH OF 32.3% IN EBITDAR AND

More information

MIRAMAR, Fla., April 29, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported first quarter 2015 financial results.

MIRAMAR, Fla., April 29, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported first quarter 2015 financial results. April 29, 2015 Spirit Airlines Announces First Quarter 2015 Results; Adjusted Net Income Increases 87.1 Percent to $70.7 Million and Pre-Tax Margin Increases 900 Basis Points to 22.7 Percent MIRAMAR, Fla.,

More information

Melco International Development Limited (Incorporated in Hong Kong with limited liability) Website : (Stock Code : 200)

Melco International Development Limited (Incorporated in Hong Kong with limited liability) Website :  (Stock Code : 200) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

FILED: NEW YORK COUNTY CLERK 03/27/ :34 PM INDEX NO /2017 NYSCEF DOC. NO. 69 RECEIVED NYSCEF: 03/27/2017. Exhibit 13

FILED: NEW YORK COUNTY CLERK 03/27/ :34 PM INDEX NO /2017 NYSCEF DOC. NO. 69 RECEIVED NYSCEF: 03/27/2017. Exhibit 13 Exhibit 13 Avianca Holdings Reports Fourth Quarter 2016 Adjusted Operating Profit 1 of $102.1 Million Bogota, Colombia, February 28, 2017 Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) today reported its

More information

Volaris Reports First Quarter 2018 Results: Ancillary Revenue Expansion, Unit Cost Reduction and Cash Flow Generation

Volaris Reports First Quarter 2018 Results: Ancillary Revenue Expansion, Unit Cost Reduction and Cash Flow Generation Volaris Reports First Quarter 2018 Results: Ancillary Revenue Expansion, Unit Cost Reduction and Cash Flow Generation Mexico City, Mexico, April 20, 2018 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost

More information

Enhancing air travel options through a strong focus on profitability and innovation. 1 rst Quarter 2018 Earnings Report Grupo Viva Aerobus

Enhancing air travel options through a strong focus on profitability and innovation. 1 rst Quarter 2018 Earnings Report Grupo Viva Aerobus 1 rst Quarter 2018 Earnings Report Grupo Viva Aerobus Enhancing air travel options through a strong focus on profitability and innovation 1 VIVA AEROBUS REPORTS GROWTH OF 49.2% IN REVENUE AND 83.2% IN

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

Copa Holdings Reports Earnings of US$30.3 Million and EPS of US$0.70 for 3Q08

Copa Holdings Reports Earnings of US$30.3 Million and EPS of US$0.70 for 3Q08 Copa Holdings Reports Earnings of US$30.3 Million and EPS of US$0.70 for 3Q08 Panama City, Panama --- November 13, 2008. Copa Holdings, S.A. (NYSE: CPA), parent company of Copa Airlines and Aero Republica,

More information

Ref. PE004/ May Subject: Management Discussion and Analysis for the First Quarter of 2018

Ref. 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 information

Spirit Airlines Reports First Quarter 2018 Results

Spirit Airlines Reports First Quarter 2018 Results Spirit Airlines Reports First Quarter 2018 Results MIRAMAR, Fla., April 26, 2018 - Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2018 financial results. For the first quarter 2018, Spirit

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

Vueling improves its result in 4 points for the first quarter 2009

Vueling improves its result in 4 points for the first quarter 2009 Vueling improves its result in 4 points for the first quarter 2009 Improvement in costs was the most important factor for the improvement in EBIT margin Synergies in revenue due to the merger offset the

More information

AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS

AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS Moscow, 1 March 2018 Aeroflot Group ( the Group, Moscow Exchange ticker: AFLT) today publishes its audited financial statements in accordance with International

More information

Spirit Airlines Reports Fourth Quarter and Full Year 2016 Results

Spirit Airlines Reports Fourth Quarter and Full Year 2016 Results Spirit Airlines Reports Fourth Quarter and Full Year 2016 Results MIRAMAR, FL. (February 7, 2017) - Spirit Airlines, Inc. (NASDAQ: SAVE) today reported fourth quarter and full year 2016 financial results.

More information

Q1 Fiscal 2018 Statistics

Q1 Fiscal 2018 Statistics Q1 Fiscal 2018 Statistics FedEx Corporation Financial and Operating Statistics First Quarter Fiscal 2018 September 19, 2017 This report is a statistical supplement to FedEx s interim financial reports

More information

Spirit Airlines Reports Third Quarter 2017 Results

Spirit Airlines Reports Third Quarter 2017 Results Spirit Airlines Reports Third Quarter 2017 Results MIRAMAR, Fla., October 26, 2017 - Spirit Airlines, Inc. (NASDAQ: SAVE) today reported third quarter 2017 financial results. GAAP net income for the third

More information

3M 2013 Edition. Share Information : GIAA.IJ / GIAA.JK. Daily Share Price Movements

3M 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 information

Spirit Airlines Reports Second Quarter 2018 Results

Spirit Airlines Reports Second Quarter 2018 Results Spirit Airlines Reports Second Quarter 2018 Results MIRAMAR, Fla., July 25, 2018 - Spirit Airlines, Inc. (NYSE: SAVE) today reported second quarter 2018 financial results. GAAP net income for the second

More information

Q3 Fiscal 2018 Statistics

Q3 Fiscal 2018 Statistics Q3 Fiscal 2018 Statistics FedEx Corporation Financial and Operating Statistics Third Quarter Fiscal 2018 March 20, 2018 This report is a statistical supplement to FedEx s interim financial reports and

More information

Summary of Results for the First Quarter of FY2015/3

Summary of Results for the First Quarter of FY2015/3 Summary of for the First Quarter of FY2015/3 August 8, 2014 Tokyu Corporation (9005) http://www.tokyu.co.jp/ Contents Ⅰ.Executive Summary 2 Ⅱ.Conditions in Each Business 4 Ⅲ.Details of Financial for the

More information

NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT SECOND QUARTER 2006 [This document is a translation from the original Norwegian version]

NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT SECOND QUARTER 2006 [This document is a translation from the original Norwegian version] NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT SECOND QUARTER 2006 SECOND QUARTER IN BRIEF had earnings before tax of MNOK 24.8 (20.6) in the second quarter. The operating revenue increased by 44 % this quarter,

More information

NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT FIRST QUARTER 2004 [This document is a translation from the original Norwegian version]

NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT FIRST QUARTER 2004 [This document is a translation from the original Norwegian version] NORWEGIAN AIR SHUTTLE ASA QUARTERLY REPORT 2004 IN BRIEF At the start of 2003, Norwegian has become a pure low-fare airline. The Fokker F-50 operations have been terminated, and during the quarter the

More information

Volaris Reports Third Quarter 2018 Results: Ancillary Revenue Expansion And Reduction Of Unit Cost Excluding Fuel

Volaris Reports Third Quarter 2018 Results: Ancillary Revenue Expansion And Reduction Of Unit Cost Excluding Fuel Volaris Reports Third Quarter 2018 Results: Ancillary Revenue Expansion And Reduction Of Unit Cost Excluding Fuel Mexico City, Mexico, October 25, 2018 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost

More information

44th Consecutive Profitable Quarter Fourth Quarter Fully Diluted Earnings per Share of $0.94 Full Year Fully Diluted Earnings per Share of $4.

44th Consecutive Profitable Quarter Fourth Quarter Fully Diluted Earnings per Share of $0.94 Full Year Fully Diluted Earnings per Share of $4. Allegiant Travel Company Fourth Quarter and Full Year 2013 Financial Results January 29, 2014 1:00 PM PT 44th Consecutive Profitable Quarter Fourth Quarter Fully Diluted Earnings per Share of $0.94 Full

More information

1.3% millionn euros. Net debt of 5.4 improvement. euros to. Financial Year. the Air. operating. equipped. ness and. also focus on.

1.3% millionn euros. Net debt of 5.4 improvement. euros to. Financial Year. the Air. operating. equipped. ness and. also focus on. 25 th July 2014 Financial Year 2014: First Half results SECOND QUARTER Revenues of 6.45 billion euros, upp 1.7% like-for-like; passenger unit revenue up 1.3% at constant currency thanks to strict capacity

More information

Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29%

Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29% Volaris Reports Second Quarter 2017 Results: 26% Adjusted EBITDAR Margin. Non-Ticket Revenues Reached 29% Mexico City, Mexico, July 21, 2017 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline

More information

1Q13 R sults esentation

1Q13 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 information

Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin

Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin Volaris Reports First Quarter 2017 Results: 19% Adjusted EBITDAR Margin Mexico City, Mexico, April 20, 2017 Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States

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

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

Historical Statistics

Historical Statistics Historical Statistics FedEx Corporation Financial and Operating Statistics FY 2005 FY 2014 This report is a statistical supplement to FedEx s interim financial reports and is prepared quarterly. Additional

More information

In 1Q18, Brazil s #1 airline achieves a 17% EBIT margin and grows net revenues by 14%

In 1Q18, Brazil s #1 airline achieves a 17% EBIT margin and grows net revenues by 14% In 1Q18, Brazil s #1 airline achieves a 17% EBIT margin and grows net revenues by 14% Operating income for the first quarter doubled, reaching R$504 million São Paulo, May 9, 2018 - ( GOL or Company ),

More information

Spirit Airlines Reports Highest Second Quarter Pre-Tax Margin in Company History

Spirit Airlines Reports Highest Second Quarter Pre-Tax Margin in Company History July 24, 2013 Spirit Airlines Reports Highest Second Quarter Pre-Tax Margin in Company History MIRAMAR, Fla., July 24, 2013 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq:SAVE) today reported second

More information

Q4 Fiscal 2017 Statistics

Q4 Fiscal 2017 Statistics Q4 Fiscal 2017 Statistics FedEx Corporation Financial and Operating Statistics Fourth Quarter Fiscal 2017 July 17, 2017 This report is a statistical supplement to FedEx s interim financial reports and

More information

Second Quarter to 30th September

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

More information

Q3 Fiscal 2017 Statistics

Q3 Fiscal 2017 Statistics Q3 Fiscal 2017 Statistics FedEx Corporation Financial and Operating Statistics Third Quarter Fiscal 2017 February 28, 2017 This report is a statistical supplement to FedEx s interim financial reports and

More information

Spirit Airlines Reports Third Quarter 2015 Pre-Tax Margin of 26.9 Percent

Spirit Airlines Reports Third Quarter 2015 Pre-Tax Margin of 26.9 Percent October 27, 2015 Spirit Airlines Reports Third Quarter 2015 Pre-Tax Margin of 26.9 Percent MIRAMAR, Fla., Oct. 27, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NASDAQ:SAVE) today reported third quarter

More information

Investment Highlights

Investment 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 information

MGM Resorts International Reports Second Quarter Financial Results

MGM Resorts International Reports Second Quarter Financial Results NEWS RELEASE MGM Resorts International Reports Second Quarter Financial Results 8/5/2014 Consolidated Adjusted EBITDA Increased 8%, Led By 10% Growth In Wholly Owned Domestic Resorts MGM China Declares

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

Earnings Release First Quarter 2008

Earnings Release First Quarter 2008 GOL Reports Net Revenues of R$1.6bn for 1Q08 Completes quarter with the largest passenger network in South America - Over 720 daily flights to 60 destinations São Paulo, April 30, 2008 GOL Linhas Aéreas

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

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

First Quarter 2013 Results

First Quarter 2013 Results Contacts: Ricardo Sánchez Baker CFO rsbaker@aeromexico.com.mx Carlos Doormann SVP Financial Analysis cdoormann@aeromexico.com.mx First Quarter 2013 Results April 23, 2013 Luz Montemayor lmontemayor@aeromexico.com.mx

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

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

Results 1 st Quarter 2005

Results 1 st Quarter 2005 Grupo Posadas, s, S.A. de C.V. & Subsidiaries April 28, 2005 Results 1 st Quarter 2005 Total revenues increase 13% in the quarter Higher demand in urban hotels Better results in coastal hotels 3 openings

More information

PRESS RELEASE / NOTICE TO INVESTORS

PRESS RELEASE / NOTICE TO INVESTORS March 25, 2015 PRESS RELEASE / NOTICE TO INVESTORS El Al's CEO David Maimon and its CFO, Dganit Palti, today presented the financial statements for the fourth quarter of 2014 In 2014 the Company's revenues

More information