INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015"

Transcription

1 INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015

2 AEROMEXICO: MEXICO S PREMIUM REVENUE CARRIER. Mexico s only full service carrier, offering customers up to a three-class service. Operating a hub and spoke network model with main hub airports in Mexico City and Monterrey. Global Airline. Only Mexican carrier flying to long-haul markets in Europe and Asia. 85 destinations in 24 countries, over 610 daily flights. +17 million passengers transported in Founding Member of SkyTeam. Enhanced strategic alliance with Delta Air Lines. Majority shareholder in Club Premier, Mexico s largest loyalty program, partnering with AIMIA. 2

3 ABOUT US: AEROMEXICO TIMELINE Selected to join the Sustainability Index of the BMV. Issuance of notes guaranteed by US Ex IM Bank (USD $195.8 million, 2.3 % structured notes ). Mar 15 Transaction Delta Master Trust. Tech Ops (started operations in Queretaro). Grupo Aeromexico issued $15 billion through its CBF's program. Abr/ May 14 May 14 Grupo Aeromexico celebrates 80 years as Mexico s flagship airline. Jul 14 Sep 14 Launch of new Premier Class menu. Dic 14 Feb 15 New labor agreement with flight attendants union. (Following prior agreements with pilots and ground staff). Aeromexico and Delta request authorization for joint collaboration agreement. 19 aircraft incorporation, including two Boeing 787-8s. Ene 14 3 MRO: Maintenance, repair, and operations

4 MEXICAN ECONOMY CONTINUES TO STRENGTHEN. Growth Opportunities for Mexican Economy (1) Air Traffic Penetration (2) Expected GDP Annual Percentage Change Mexico Latin America and the Caribbean Flights Per Capita for Middle & Upper Class Population (>$15K) Mexico Brazil Europe US Favorable Demographics Growing Middle Class (3) Favorable Demographic Trends (4) Brazil Middle Class Sources: (1) Banco de Mexico May 2015 for Mexico, IMF June 2015, World Economic Outlook for other markets (2) IMF World Economic Outlook (3) INEGI (4) CONAPO (2010 Demographics in Million) (2050 Demographics in Million) mm 70 mm Men Women 4

5 AEROMEXICO: FINANCIAL RESULTS YTD Total Revenues Millions of Pesos +9.0% Operating Margin Millions of Pesos 4.2% 2.6 Pts % YTD 2014 YTD 2015 Operating Profit Millions of Pesos 194.7% 927 YTD 2014 YTD 2015 EBITDAR Millions of Pesos 50.6% 4,808 3, Source: Grupo Aeromexico Quarterly Results YTD 2014 YTD 2015 YTD 2014 YTD

6 INTEREST RATES AND DEBT COMPOSITION Debt Composition 2015 (1) 40% 31% 60% 69% Working Capital Fleet Benchmark Financial Adjusted Debt / Adjusted EBITDAR 7.9x 7.3x 6.4x 5.1x 4.8x 3.7x 2.1x 20% 80% Interjet Gol Avianca LATAM GAM Volaris Copa Low Cost Airlines Full Service Airlines (1) Information to June (2) Adjusted Net Financial Debt = [ (Financial Debt) + (7 * Revenue ) - ( Cash and equivalents ) ] / [ + profits subsidiaries EBITDAR ) ] Information UDM 2T15 Financial Results for American companies, UDM 1T15 for Avianca ( latest available information) 6

7 SOLID PERFORMANCE IN MEXICAN MARKET. 2Q15 Domestic Market Share 11.1% 3.0% 1.3% Domestic Passenger Growth Millions of Passengers % % 24.1% 25.4% 2Q14 2Q15 Source: DGAC (Passenger Information, excludes Charter operations) 2Q15 International Market Share International Passenger Growth Millions of Passengers Otras 31.2% 16.1% 17.2% % % Alaska 3.9% 5.6% 7.8% 14.2% 2Q14 2Q15 7

8 INVESTING IN OUR FUTURE: NETWORK ENHANCEMENT. Strengthening our network with new destinations and frequencies: Increased presence in Central & South America: Managua, Panama and Medellin. Strengthened service to USA & Canada: Mexico City to Boston, Toronto and Vancouver, as well as Monterrey to New York and Miami. Increased frequencies to London and Shanghai. Developing Monterrey Hub. Network Enhancement in 2015 Improving Connectivity % Connecting Passengers of total 30% 26% 21% c Strengthening Position in Mexico City and MTY Connecting Banks in Mexico City Airport Banks Embed Shuttle Product Source: Grupo Aeromexico Arrivals Departures 8

9 REVENUE MANAGEMENT STRATEGY FOCUSED ON RASK. Competitive pricing with better segmentation to drive volume while protecting yields. Capturing marginal VFR and leisure passengers with competitive pricing in advance purchase. USD Ancillary Revenues per Passenger $5.90 $7.90 $7.30 $7.50 Building state of the art data sources and tools. Ancillary revenues add low cost incremental margin. Strategy for the future H15 Increase distribution of existing products through IT developments: Upgrades. Aeromexico Plus: choice seat in front and exit rows in economy. Excess luggage pre-payment. Concierge. Ground transportation. Discount pass. 9 VFR refers to Visiting Friends and Relatives 9

10 UNRELENTING FOCUS ON COSTS. Cost control has also been key in the transformation of the Mexican Airline Industry. Mexican Carriers have proven their ability to cut costs, with Aeromexico becoming the most efficient Full Service Carrier in the Americas. Airlines in Americas, CASK Stage Length Adjusted FY Low Cost Carriers Full Service Carriers (1) Stage length 1,000 miles.. Source: Fourth Quarter 2014 Company s Financial Statements. *Available information (YTD September) for Latin American Airlines & Viva Aerobús 10

11 INVESTING IN OUR FUTURE: PEOPLE. Global Management Team that combines experience of International Airlines. New Labor Contracts for new employees. Potential Labor Cost Savings 11

12 INVESTING IN OUR FUTURE: AEROMEXICO FLEET PLAN. Fleet type Model 4Q14 4Q15E Average Age E E-170/175/ Regional Narrow Body B B B Wide Body Total Source: Grupo Aeromexico

13 INVESTING IN OUR FUTURE: AEROMEXICO FLEET PLAN. Fleet Plan renewal provides CASK efficiencies, maintaining flexibility and reducing ownership cost. Fleet Plan Today E-145 E-170/175/ s/800 s NG 767 s 787 s Long term E-170/ s NG/MAX Leased vs. Owned Moving towards a more balanced split of owned vs leased aircraft through our long term fleet plan. Market conditions offer several opportunities to increase business with lessors. Scales Economies from new aircrafts acquisition. 777 s Source: Grupo Aeromexico 787 s 13

14 INVESTING IN OUR FUTURE: EFFECTIVE RISK MANAGEMENT. Reducing exposure to external factors, building flexibility in our fleet plan. Aircrafts 300 Economic Cycle Exchange Rate Exposure Revenues Fleet plan flexibility MXN 42% Costs USD 58% Reduced risk from exchange rate fluctuations. 50 MXN 33% Year USD 67% Aircraft Staggered Leases Fleet Total Regional Total Narrow Body Total Fuel Hedging Strategy Over 50% of expected fuel consumption for the next 12 months is hedged with call options and call spreads. Wide Body Total GAM Total Fuel surcharges complement Grupo Aeromexico s hedging strategy. 14 Source: Grupo Aeromexico

15 INVESTING IN OUR FUTURE: DEVELOPING PARTNERSHIPS. Strategic alliances have contributed to Aeromexico s increased connectivity and premium product. Aeromexico is the only Mexican carrier in an international alliance. Club Premier Loyalty Program Delta Air Lines Alliance Strong relationship of over 20 years. Aeromexico has a 51% investment in PLM. Value of PLM in Dec 2012 US$518 Million million frequent flyer members. Gross billings of USD $153M in Largest Frequent Flyer Program ( FFP ) in Mexican market. Solid commercial alliances with financial institutions (i.e. Banamex, AMEX) and retailers (i.e. Soriana). Low capital requirements and stable cash flow generation. Earn kilometers with 90+ commercial partners. Shareholder of Aeromexico and member of our Board. Network-wide code sharing: 204 share codes 725 flights. JV-MRO facility in Querétaro. Potential for airports co-location. Looking forward to potential ATI/JV in the context of Open Skies for Mexico. 15

16 STRATEGIC ALLIANCE: Potential Joint Network in US-MEX Transborder market POTENTIAL JOINT NETWORK FOR MEXICO US TRANSBORDER MARKET AM and DL have filed an application with the US DOT and Mexican Competition Authorities (COFECE) seeking antitrust immunity for a new joint venture on flights between the US and Mexico. This joint venture would provide an enhanced customer proposition, deeper schedules and enhanced network possibilities for travelers, differentiating Delta and Aeromexico from other airlines in the market. Facilitates additional investments further improving customer experience. Currently Delta and Aeromexico offer more than 4,000 weekly codeshare flights, representing more than 80 daily trans border round-trip flights. 16

17 INVESTING IN OUR FUTURE: ENHANCING PRODUCT FOR OUR CUSTOMERS. New Services and Products Awards Best Airline in Mexico, By Global Traveler magazine, for the 5th consecutive year. Best Domestic Airline, Awarded in this year's first edition of the Food & Travel Reader s Choice Awards. Source: Grupo Aeromexico Socially Responsible Organization Index, First airline in Mexico listed in the Mexican Stock Exchange Sustainability Index. PAX International Readership Awards, The airline s award for Outstanding Food Service by Carrier for The Americas. Corporate Social Responsibility, From the Mexican Center for Philanthropy, for the 5th consecutive year. 17

18 INVESTING IN OUR FUTURE: NEW MEXICO CITY AIRPORT KEY OBJECTIVES. Strategic opportunity for Mexico to create and develop the best global hub in Latin America. Designed by award winning Architect Norman Foster, who was also architect for Hong Kong and Beijing International Airports, amongst other globally recognizable buildings. Enhanced processes to optimize connectivity and promote NAICM as the hub of a global flagship airline: Aeroméxico. Ensure that NAICM will allow profitable growth of the Mexican Aviation Industry, with competitiveness in operational costs and quality in service. Continuous consultative process in the design & construction of the new airport and establishment of a structured transition program to ensure a successful launch. 18

19 ONCE IN A LIFETIME OPPORTUNITIES AHEAD WITH NEW MEXICO CITY AIRPORT. Mexico City Airport is geographically well positioned to capture connecting passengers from the Americas. Total Air Passengers Origin and Destination between USA and Latin America Direct Flight 56% Connecting 44% = 31.8 mm - 4% of total connecting passengers currently transfer through Mexico City Airport. - This represents a huge opportunity for Aeromexico, particularly when the New Mexico City Airport is completed. Source: DDS, O&D passenger information for the full year period of

20 THANK YOU FOR JOINING US TODAY.

21 Investor Relations Contact Information: Tel (+52) Jonathan Wallden Contact Information: DISCLAIMER This presentation is neither an offer for sale nor a request to buy any securities. Such offer or request may only be made through an offering memorandum containing the description of the terms and conditions of such offer and shall include detailed information of the company and its management, as well as the financial statements of Grupo Aeromexico, S.A. de C.V. ( Grupo Aeromexico ), in terms of the Securities Market Law (Ley del Mercado de Valores) ( LMV ) and the General provisions applicable to securities issuers and other securities market participants (Disposiciones de carácter general aplicables a las emisoras de valores y a otros participantes del mercado de valores) (the Provisions ). Statements in this presentation that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections or strategies for the future, may be "forward-looking statements". Such statements include, but are not limited to, statements about future financial and operating results, the Company s plans, objectives, estimates, expectations and intentions, and other statements that are not historical facts. These forwardlooking statements are based on the Company s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. 21

INVESTOR RELATIONS PRESENTATION JANUARY 2016

INVESTOR RELATIONS PRESENTATION JANUARY 2016 INVESTOR RELATIONS PRESENTATION INVESTOR RELATIONS PRESENTATION JANUARY 2016 AEROMEXICO: MEXICO S PREMIUM NETWORK CARRIER. Mexico s only full service carrier, offering customers up to a threeclass service.

More information

INVESTOR RELATIONS PRESENTATION MAY 2016

INVESTOR RELATIONS PRESENTATION MAY 2016 INVESTOR RELATIONS PRESENTATION INVESTOR RELATIONS PRESENTATION MAY 2016 CONTENTS AEROMEXICO AT A GLANCE BUILDING A STRONG AND FLEXIBLE AIRLINE STRATEGIC INITIATIVES 2 AEROMEXICO: MEXICO S PREMIUM NETWORK

More information

TOKYO MEETINGS NOVEMBER 2016

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

More information

Investor Relations Presentation. March 2018

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

More information

Agenda. I. The Mexican Market. II. What Next in 2012? Financial Results. IV. Key Initiatives (Medium and Long Term)

Agenda. I. The Mexican Market. II. What Next in 2012? Financial Results. IV. Key Initiatives (Medium and Long Term) Agenda I. The Mexican Market II. What Next in 2012? III. Financial Results IV. Key Initiatives (Medium and Long Term) Agenda The Mexican Market Mexico: A Growing Market Mexican equity markets are outperforming,

More information

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

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

More information

Joshua Koshy, Executive Vice President & CFO. Changing the Game

Joshua Koshy, Executive Vice President & CFO. Changing the Game Joshua Koshy, Executive Vice President & CFO Changing the Game Changing the Game Canada s #1 domestic, trans-border and international airline Strong brand recognition Innovative revenue model driving customer

More information

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

J.P. Morgan 2019 Global Emerging Markets Corporate Conference. Miami, February 2019 J.P. Morgan 2019 Global Emerging Markets Corporate Conference Miami, February 2019 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial

More information

Scotia Capital Transportation & Aerospace Conference. June 5, 2007

Scotia Capital Transportation & Aerospace Conference. June 5, 2007 Scotia Capital Transportation & Aerospace Conference June 5, 2007 1 2 Changing the Game Changing the Game Canada s #1 domestic, trans-border and international airline Strong brand recognition Innovative

More information

STAYING TRUE. BofAML Global Transportation Conference. May

STAYING TRUE. BofAML Global Transportation Conference. May STAYING TRUE BofAML Global Transportation Conference May 19 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any question

More information

3Q 2016 Earnings Results Presentation. B787 Dreamliner

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

More information

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

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

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

More information

Air Canada. Transportation & Aerospace Conference presents at the. Toronto November 20, 2012

Air Canada. Transportation & Aerospace Conference presents at the. Toronto November 20, 2012 Air Canada presents at the Transportation & Aerospace Conference 2012 Toronto November 20, 2012 1 2 Caution Regarding Forward-looking Information Air Canada s public communications may include forward-looking

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

2012 Result. Mika Vehviläinen CEO

2012 Result. Mika Vehviläinen CEO 2012 Result Mika Vehviläinen CEO 1 Agenda Market environment in Q4 Business performance and strategy execution Outlook Financials 2 Market Environment According to IATA, Global air travel continues to

More information

Bank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference. Miami, May 2018

Bank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference. Miami, May 2018 Bank of America Merrill Lynch 2018 Emerging Markets Corporate Credit Conference Miami, May 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated

More information

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

Fourth Quarter and Full Year 2011 Results Presentation. February 1, 2012 Fourth Quarter and Full Year 2011 Results Presentation February 1, 2012 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

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

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

More information

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

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

Results 2Q17. August 9, 2017

Results 2Q17. August 9, 2017 Results 2Q17 August 9, 2017 2Q17 Highlights Indicators 2Q17 Var. x 2Q16 ASK (BN) 10.4-3.0% Traffic (000) 7,261-1.3% RPK (BN) 8.1 +0.5% Load Factor 77.9% +2.7 p.p. Yield (R$ cents) 23.2 +4.8% Pax Revenue

More information

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

AIR CANADA REPORTS THIRD QUARTER RESULTS

AIR CANADA REPORTS THIRD QUARTER RESULTS AIR CANADA REPORTS THIRD QUARTER RESULTS THIRD QUARTER OVERVIEW Operating income of $112 million compared to operating income of $351 million in the third quarter of 2007. Fuel expense increased 49 per

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

Air China Limited Annual Results. March Under IFRS

Air China Limited Annual Results. March Under IFRS Air China Limited 21 Annual Results Under IFRS March 211 Agenda Part 1 Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook 2 Part 1 Highlights Steady Economic Growth; Asia Pacific

More information

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

Thank you for participating in the financial results for fiscal 2014. Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots

More information

Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010

Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010 Corporate presentation CIBC Whistler Institutional Investor Conference January 21, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation, including

More 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

Air China Limited Announces 2009 Annual Results

Air China Limited Announces 2009 Annual Results Air China Limited Announces 2009 Annual Results Record Operating Profit in Complex Market Environment Strengthened Position to Capture Growth Opportunities Hong Kong April 22, 2010 Air China Limited (

More information

2017 Marketing and Communications Conference. November 6, 2017

2017 Marketing and Communications Conference. November 6, 2017 2017 Marketing and Communications Conference November 6, 2017 1 2 Introduction Carrie Kenrick State of the Industry Industry Consolidation Financial Trends Ancillary Product / Customer Segmentation Fleet

More information

2010 ANNUAL GENERAL MEETING. May 4, 2010

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

More information

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

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

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

More information

STAYING TRUE. Scotia Capital Transportation & Aerospace Conference. November 15, 2011

STAYING TRUE. Scotia Capital Transportation & Aerospace Conference. November 15, 2011 STAYING TRUE Scotia Capital Transportation & Aerospace Conference November 15, 2011 FORWARD-LOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including

More information

Information meeting. Third quarter results. March 2011

Information meeting. Third quarter results. March 2011 Information meeting Third quarter 2010-11 results 1 March 2011 Agenda 2010-11: recovery in activity and return to profitability Current issues Air France-KLM ambitions for the next three years 2 All businesses

More information

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

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

FORWARD-LOOKING STATEMENT

FORWARD-LOOKING STATEMENT CIBC 9th Annual Eastern Institutional Investor Conference September 23, 21 FORWARDLOOKING STATEMENT Certain information in this presentation and statements made during this presentation, including any

More information

Information meeting. 1 st September 2011

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

More information

FIRST QUARTER RESULTS 2017

FIRST QUARTER RESULTS 2017 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

More information

Investment Highlights

Investment 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 information

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

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

More information

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS

OPERATING AND FINANCIAL HIGHLIGHTS SUBSEQUENT EVENTS Copa Holdings Reports Financial Results for the 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

FIRST QUARTER 2017 RESULTS. 4 May 2017

FIRST QUARTER 2017 RESULTS. 4 May 2017 FIRST QUARTER 2017 RESULTS 4 May 2017 A resilient start of the year, traffic up 4.2% 20.9 million passengers carried, up 5.2%, traffic (RPK) up 4.2%, capacity (ASK) up 3.3% and load factor up 0.7pts Confirmation

More information

J.P. Morgan Global High Yield & Leveraged Finance Conference Miami, FL

J.P. Morgan Global High Yield & Leveraged Finance Conference Miami, FL J.P. Morgan Global High Yield & Leveraged Finance Conference Miami, FL February 28, 2011 Caution Regarding Forward-looking Information Air Canada s public communications may include forward-looking statements

More information

Full Year 2009 Results

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

More information

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

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

More information

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

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

Transportation and Aerospace Conference 2014

Transportation and Aerospace Conference 2014 presents at Transportation and Aerospace Conference 2014 Toronto November 13, 2014 CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada s public communications may include forward-looking statements

More information

Third Quarter 2014 Results. 29 October 2014

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

More information

Air China Limited Announces 2010 Interim Results

Air China Limited Announces 2010 Interim Results Air China Limited Announces 2010 Interim Results Record High First Half Results Leveraging New Opportunities to Drive Growth Hong Kong August 25, 2010 Air China Limited ( Air China or the Company, together

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

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

2007/08 Full Year Results Investor Briefing

2007/08 Full Year Results Investor Briefing 2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved

More information

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

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

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

More information

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

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

Air China Limited Interim Results. August Under IFRS

Air China Limited Interim Results. August Under IFRS Air China Limited 21 Interim Results Under IFRS August 21 1 Agenda 21 Interim Results Overview Business Overview Financial Overview Outlook 2 2 2 21 Interim Results 3 21 Interim Results Overview 4 4 4

More information

Presents at the. Transportation and Industrials Conference. Miami, Florida. December 1, 2010

Presents at the. Transportation and Industrials Conference. Miami, Florida. December 1, 2010 1 Presents at the Transportation and Industrials Conference 2 Miami, Florida December 1, 2010 Agenda Air Canada Leading Carrier in all Markets Improving Performance in a Gradually Strengthening Economy

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

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

Cathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways Analyst Briefing 27 November 2013

Cathay Pacific Airways 2013 Analyst Briefing 25 June Cathay Pacific Airways Analyst Briefing 27 November 2013 Cathay Pacific Airways 2013 Analyst Briefing 25 June 2013 Cathay Pacific Airways Analyst Briefing 27 November 2013 2013 Operating Performance to date: Passenger yield and load factor growth on lower ASKs.

More information

Third Quarter 2015 Results

Third Quarter 2015 Results Third Quarter 2015 Results Investment Highlights Positioned to take full advantage of global growth Diversified business model Well-defined strategy to capitalize on favorable industry dynamic Successful

More information

INSTITUTIONAL INVESTOR CONFERENCE

INSTITUTIONAL INVESTOR CONFERENCE Michael Rousseau Executive Vice President & Chief Financial Officer presents at the INSTITUTIONAL INVESTOR CONFERENCE Toronto January 15, 2015 CAUTION REGARDING FORWARD-LOOKING INFORMATION Air Canada

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

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

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

AIR FRANCE-KLM RESULTS PRESENTATION

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

More information

Air China Limited 2014 Annual Results Under IFRS

Air China Limited 2014 Annual Results Under IFRS Air China Limited 2014 Annual Results Under IFRS March 2015 Agenda Part 1 Results Highlights Part 2 Business Overview Part 3 Financial Overview Part 4 Outlook Part 1 Results Highlights Gradual Global Economic

More information

Gerry Laderman SVP Finance, Procurement and Treasurer

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

More information

Information meeting. September 2011

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

More information

2Q Earnings Results Presentation

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

More information

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

Finnair 2015 kolmannen vuosineljänneksen tulos

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

More information

Cathay Pacific Airways Interim Results for the six months ended 30 June 2012

Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 Cathay Pacific Airways Interim Results for the six months ended 30 June 2012 8 August 2012 1 Interim Result 1H2012 1H2011 Change Group attributable (loss) / profit HK$ million (935) 2,808-133.3% Group

More information

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

2010 Global Transportation Conference

2010 Global Transportation Conference Air Canada's Executive Vice President & CFO Michael Rousseau presents at 2010 Global Transportation Conference New York June 16, 2010 Agenda Air Canada leading carrier in all markets Managing through challenging

More information

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

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

More information

Information meeting. 12 September 2011

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

More information

Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations. cebupacificair.com

Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations. cebupacificair.com Cebu Air, Inc. 4 th Quarter and Full Year 2017 Results of Operations cebupacificair.com Disclaimer The information provided in this presentation is provided only for your reference. Such information has

More 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

Management Presentation. March 2016

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

More information

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

Corporate Presentation National Bank Transportation and Logistics Conference March 24, 2010

Corporate Presentation National Bank Transportation and Logistics Conference March 24, 2010 Corporate Presentation National Bank Transportation and Logistics Conference March 24, 2010 Forwardlooking statement Certain information in this presentation and statements made during this presentation,

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

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012

Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs

More information

Transportation and Logistics Conference. Toronto March 18, 2008

Transportation and Logistics Conference. Toronto March 18, 2008 Transportation and Logistics Conference Toronto March 18, 2008 1 Our Investment Proposition Innovative revenue strategy that produces results Major cost reductions Strong financial performance Aggressive

More information

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

Part 1 Performance Highlights. Part 2 Business Overview. Part 3 Financial Review August 216 1 Part 1 Performance Highlights Part 2 Business Overview Part 3 Financial Review Part 4 Outlook 2 Under IFRS 3 Part 1 Performance Highlights Performance Highlights - Key Operational Metrics

More information

2Q 2016 Earnings Results Presentation. B787 Dreamliner

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

More information

2014 RBC CAPITAL MARKETS' CANADIAN AIRLINE AND AEROSPACE INVESTOR DAY

2014 RBC CAPITAL MARKETS' CANADIAN AIRLINE AND AEROSPACE INVESTOR DAY at 2014 RBC CAPITAL MARKETS' CANADIAN AIRLINE AND AEROSPACE INVESTOR DAY Presentation by Michael Rousseau Executive Vice President & Chief Financial Officer Toronto October 9, 2014 CAUTION REGARDING FORWARD-LOOKING

More information

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

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

More information

Air Canada's Executive Vice President & CFO Michael Rousseau, presents at. Transportation & Logistics Conference

Air Canada's Executive Vice President & CFO Michael Rousseau, presents at. Transportation & Logistics Conference Air Canada's Executive Vice President & CFO Michael Rousseau, presents at Transportation & Logistics Conference Toronto March 24, 2010 1 Agenda Air Canada leading carrier in all markets Managing through

More information

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

BTG Pactual VI Latin American CEO Conference 2015 New York, October 2015 BTG Pactual VI Latin American CEO Conference 2015 New York, October 2015 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

JP Morgan Aviation, Transportation and Industrials Conference MARCH 15, 2017

JP Morgan Aviation, Transportation and Industrials Conference MARCH 15, 2017 JP Morgan Aviation, Transportation and Industrials Conference MARCH 15, 2017 1 1 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation

More information