3Q 2016 Earnings Results Presentation. B787 Dreamliner

Size: px
Start display at page:

Download "3Q 2016 Earnings Results Presentation. B787 Dreamliner"

Transcription

1 3Q 2016 Earnings Results Presentation B787 Dreamliner

2 2 The present document consolidates information from Avianca Holdings SA and its subsidiaries, including unaudited financial figures, operational managerial indicators, financial indicators and managerial projections of future performance, in line with Avianca Holdings SA and its subsidiaries business plans. References to future behaviors are indicative and do not constitute a guarantee of compliance by the Company, its shareholders or directors. Unaudited accounting and financial information and projections presented in this document are based on internal data and calculations made by the Company, which may be subject to changes or adjustments. Any change in the current economic conditions, the aviation industry, fuel prices, international markets and external events, among others, may affect the ongoing business results and future projections. Avianca Holdings S.A. herein after Avianca Holdings and its subsidiaries warn investors and potential investors that future projections are not a guarantee of performance and that actual results may differ materially. Every investor or potential investor will be responsible for investment decisions taken or not taken as a result of his or her assessment of the information contained herein. Avianca Holdings S.A. is not responsible for any third parties content. Avianca Holdings may make changes and updates to the information contained herein. The information, tables and logos contained in this presentation may not be reproduced without the consent of Avianca Holdings SA

3 Executive Summary 3Q2016 Results Over 7.6 million passengers carried: +3.2% vs. 3Q2015 A Load Factor of 83.5% +223 BP; vs 3Q 2015 First sequential yield increase since 2Q 2014, from 8.2 2Q2016 to 8.8 3Q % CASK reduction of % from 8.7 3Q2016 to 8.2 3Q2016 Adjusted EBIT 1 Margin of 7.9% for 3Q2016: +36 bps vs. 3Q2015 Improved Leverage (Net Adjusted Debt to EBITDAR) from 6.79x on Dec. 31st, 2015 to 5.99x today More than 6.9 million members : +8.9% 3Q2016 Milestones Began operation of MRO facility in Medellin enabling maintenance of up to 5 single isle aircraft LifeMiles launched Co-Branded products with Grupo Bancolombia, a key milestone Starting November 2016: Bogota-Madrid +4 Bogota-Buenos Aires +3 Signed a new code share agreement with Eva Air in Taiwan as part of connectivity efforts Source: Company Information 1. When indicated the figures are adjusted for Cargo Discount _ 3

4 3Q 2016 B787 Dreamliner

5 Advanced in our fleet plan execution in 3Q Q2016 Operating Fleet Status Aircraft Type Jul.2016 In Out Sep.2016 Airbus A320 Family ATR Embraer E Airbus A Cessna Airbus A330F Airbus A300F ATR Boeing Boeing 767F Total Capacity 100/194 pax 2 68 pax 96 pax 252 pax 12 Pax 68 tons 40 tons 48 pax 250 pax 53 tons Source: Company Information 1 The Airbus A320 Family is comprised of: 10 A A319, 49 A320, 2 A321, 8 A319S, 12 A320S and 9 A321S 2 A320 Family Seating Capacity: A318: 100pax, A319: 120pax, A320: 150pax, A321: 194pax. 5

6 3Q 2016

7 Increasing Load Factors and Higher Yields as a Result of the Network Optimization Process ASKs millions RPKs millions +6.4% 35, % 28,094 32,947 26, % +5.9% 9,997 11,618 11,973 9,441 Yield - US Load Factor % % 83.5% 79.7% 80.2% 8.2 4Q2015 1Q2016 2Q2016 3Q2016 Source: Company information 7

8 3Q 2016 Results Were Also Driven by a Leaner Cost Structure Revenues 1 millions CASK 1 - US 3, % 2, % % 8.0 1, % 1,062 RASK 1 - US CASK 1 - ex Fuel EBITDAR 1 millions +2.9% % EBIT 1 Margin +36bps 7.5% 7.9% +165bps 4.8% 6.5% Margin % 21.6% 17.7% 20.9% EBIT 1 (Mllns) Source: Company Information 1. Cargo Discount Adjustment 8

9 Profitability Gained Traction in 3Q 2016 as Macro Landscape Continued to Stabilize EBIT Margin Evolution 1 7.5% +36bps 7.9% 5.9% 3Q2014 3Q2015 3Q2016 EBIT 1 USDM EBITDAR 1 Margin 17.0% 20.4% 21.6% EBITDAR Margin +~460bps Source: Company Information 1. When indicated the figures are adjusted for Cargo Discount 9

10 Strong Load Factors are the Result of Avianca s Network Flexibility and Healthy Traffic Numbers Region 3Q2016 ASK Growth 3Q2016 RPK Growth 3Q2016 Load Factor Domestic* Intra Home Markets % + 2.6% 81.1% + 2.2% + 1.1% 76.1% HM to North America % + 5.0% 85.2% HM to South America % % 85.9% Central America & Caribbean % 7.7% + 5.8% 71.4% Home Markets to Europe + 1.1% + 4.4% 90.9% Total ASK Growth 3.1% RPK Growth 5.9% Load Factor 83.5% *Domestic Market: Colombia, Peru, Ecuador 1 Local Intra-Markets: Colombia, Peru, Ecuador, Salvador, Costa Rica, Guatemala; 2 From Local Markets to North América including México 3 From Colombia, Perú, Ecuador and Costa Rica to Bolivia, Chile, Argentina, Brazil,Uruguay and Venezuela, 4 Belize, Cuba Curazao, Republica Dominicana, Panamá, Costa Rica, Guatemala, Honduras, Nicaragua 10

11 Avianca Continues to Consolidate its Leadership Position in the Colombian Domestic Market Colombia Domestic 1 Peru Domestic 2 Otros 5.3% 4.3% 0.6% 4.7% Otros 10.1% 13.2% % % 57.2% 11.4% 61.5% 1 Sep Jul 2016 Intra-home markets Home markets to North America Home markets to South America Home markets to Spain 1 65% 1 25% 1 37% 2 23% Source: Aeronáutica Civil, MIDT *Domestic Market: Colombia, Peru, Ecuador 1 Local Intra-Markets: Colombia, Peru, Ecuador, Salvador, Costa Rica, Guatemala; 2 From Local Markets to North América including México 3 From Colombia, Perú, Ecuador and Costa Rica to Bolivia, Chile, Argentina, Brazil,Uruguay and Venezuela, 4 Belize, Cuba Curazao, Republica Dominicana, Panamá, Costa Rica, Guatemala, Honduras, Nicaragua 11

12 CARGO & OTHER 3Q 2016

13 Avianca Cargo: Financial and Operational Results Revenues millions ATKs millions % % % , % 1,719 RTKs - millions Load Factor -1.0% -0.1% % 55.2% 57.0% 53.6% Source: Company information. Does not include Domestic Ecuador and Colombia 13

14 Avianca Cargo: Market Share Market Share 3Q 2016 Colombia Miami Other 22 Other 31 Market Share as of Sept. 30 (%) Source: Aeronautica Civil and Miami International Airport. Information as of June,

15 LifeMiles Loyalty Program Highlights 3Q2016 3Q 16 revenues increased 11.7% year on year 520K active co-branded credit cards, a 22.3% increase of vs. 3Q 15 Over 6.9 million members; an 8.9% increase vs. 3Q commercial partners, +6.7% vs 3Q 15 New Commercial Partners Colombia Central America South America Peru: Source: Company information 15

16 LifeMiles Loyalty Program Bancolombia Extends Reach Across LatAm Regional launch of Co-Branded products with Grupo Bancolombia, one of the leading franchises in Colombia and Central America First SMEs Product in the Region (previously launched in COL) This partnership is a key stepping stone to consolidate LifeMiles position in the region, further strengthening our coalition network Protect market share among SMEs and increase loyalty for AV Reach and penetrate a significant part of the Credit Card market in COL and CAM Source: Company information 16

17 2016

18 Avianca Holdings: 2016 Guidance FY2016 Outlook 2016 YTD PAX 3% - 5% 3.9% ASK 3% - 5% 6.4% LF EBIT 1% 78% - 80% 5.5% - 7.5% 80.2% 6.5% Source: Company information. 18

19 In Summary As the Company successfully continues to optimize its cost structure and enhance profitability it has: 1 Increased Load Factor by +223 bps vs 3Q 2015 to 83.5% as traffic numbers outpaced capacity by 280bps 2 Achieved the first yield increase of 7.4% from 8.2 (2Q 2016) to 8.8 (3Q 2016) quarter over quarter since 2Q Substantial increase in PRASK of 14.9% from 6.4 in 2Q 2016 to 7.4 in 3Q 2016 Improved profitability by more than +118 bps reaching an EBITDAR margin of 21.6% vs 20.4% in 3Q 2015, the highest margin in the last 3 years Substantial reduction in total debt of 6.5% (USD million) from 3,473 million to 3,248 million Significant improvement in leverage position (Net Adjusted Debt to EBITDAR) from 6.79x on December 31 st, 2015 to 5.99x today. Source: Company Information 1. When indicated the figures are adjusted for Cargo Discount 19

20 Thank You Contact Information: Investor Relations Office T: (57)

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

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

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

Avianca Holdings S.A. 4Q 2018 Earnings Presentation

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

More information

3Q Earnings Results Presentation

3Q Earnings Results Presentation 3Q 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

December 2016 Corporate Presentation. B787 Dreamliner

December 2016 Corporate Presentation. B787 Dreamliner December 2016 Corporate Presentation B787 Dreamliner Disclaimer The material that follows comprises information about Avianca Holdings S.A. (the Company ) and its subsidiaries, as of the date of the presentation.

More information

Corporate Presentation August 2017

Corporate Presentation August 2017 Corporate Presentation August 2017 Disclaimer The material that follows comprises information about Avianca Holdings S.A. (the Company ) and its subsidiaries, as of the date of the presentation. It has

More information

Corporate Presentation March 2018

Corporate Presentation March 2018 Corporate Presentation March 2018 Disclaimer The material that follows comprises information about Avianca Holdings S.A. (the Company ) and its subsidiaries, as of the date of the presentation. It has

More information

Corporate Presentation November 2017

Corporate Presentation November 2017 Corporate Presentation November 2017 Disclaimer The material that follows comprises information about Avianca Holdings S.A. (the Company ) and its subsidiaries, as of the date of the presentation. It has

More information

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

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

More information

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

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

More information

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

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

Avianca Holdings S.A. 2Q 2013 Earnings Results

Avianca Holdings S.A. 2Q 2013 Earnings Results Avianca Holdings S.A. 2Q 2013 Earnings Results 2 Disclaimer This presentation contains certain forward-looking statements. Such forward-looking statements involve a certain degree of risk and uncertainty

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

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

Second quarter 2013 Results Presentation. August, 2013

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

More information

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

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

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

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

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

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

Fourth Quarter 2006 Results Presentation February 15, 2007

Fourth Quarter 2006 Results Presentation February 15, 2007 Fourth Quarter 2006 Results Presentation February 15, 2007 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results.

More information

Second Quarter 2017 Results Presentation. August 2017

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

More information

Fourth Quarter & FY 2008 Results Presentation January 28, 2008

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

More information

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

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

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

Santander 20 th Annual Latin America CEO Conference Cancun, January 2016

Santander 20 th Annual Latin America CEO Conference Cancun, January 2016 Santander 20 th Annual Latin America CEO Conference Cancun, January 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

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

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

More information

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

Spanish Countries. & Capitals. Map Labeling & Quiz SpanishMadeEasy.net

Spanish Countries. & Capitals. Map Labeling & Quiz SpanishMadeEasy.net Spanish Countries & Capitals Map Labeling & Quiz 2016 SpanishMadeEasy.net Table of Contents Map Labeling: Spanish-Speaking Countries................................ 3 Map Labeling: Spanish-Speaking Capitals..................................

More information

Fieldwork Dates AmericasBarometer

Fieldwork Dates AmericasBarometer Fieldwork Dates AmericasBarometer 2004-2014 This document contains information regarding fieldwork s for the AmericasBarometer project, 2004-2014. Some information may be incomplete and we will up the

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

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

Alitalia 2005 Full Year results and update on Business Plan implementation. March 2006

Alitalia 2005 Full Year results and update on Business Plan implementation. March 2006 Alitalia 2005 Full Year results and update on Business Plan implementation March 2006 Index Latest Alitalia major events Business Plan implementation in 2005 Focus on cost cutting 2005 results and targets

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

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

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

Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010

Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010 Fourth Quarter and Full Year 2009 Results Presentation January 27, 2010 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

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

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

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

INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015

INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015 INVESTOR RELATIONS PRESENTATION Investor Relations Presentation September 2015 AEROMEXICO: MEXICO S PREMIUM REVENUE CARRIER. Mexico s only full service carrier, offering customers up to a three-class service.

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

Analyst and Investor Conference Call Q Ulrik Svensson, CFO and Member of the Executive Board

Analyst and Investor Conference Call Q Ulrik Svensson, CFO and Member of the Executive Board Analyst and Investor Conference Call Q2 2017 Ulrik Svensson, CFO and Member of the Executive Board Frankfurt, 2 August 2017 Disclaimer The information herein is based on publicly available information.

More information

Institutional presentation. February, 2016

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

More information

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

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

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

Vueling Airlines 2010 Full-Year and Q4 Financial Results

Vueling Airlines 2010 Full-Year and Q4 Financial Results Vueling Airlines 2010 Full-Year and Q4 Financial Results Executive summary Executive Summary Vueling achieved a net profit of 46m in 2010, a 66% increase vs. 2009. In Q4, the net loss has been reduced

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

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

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

More information

Latin America Aviation in 2017

Latin America Aviation in 2017 Latin America Aviation in 2017 Peter Harbison Executive Chairman, CAPA Centre for Aviation Cartagena, 11-Sep-2017 The global market Benign economic conditions have stimulated traffic growth Broadly profitable

More information

SAS Q3 2016/

SAS Q3 2016/ SAS Q3 2016/2017 05.09.2017 A strong summer performance drives result improvements Q3 IN SUMMARY Positives + Currency adjusted passenger revenue up 6.4% + Passengers up by ~300,000 + Ancillary and cargo

More information

IAG results presentation. Quarter Three st October 2014

IAG results presentation. Quarter Three st October 2014 IAG results presentation Quarter Three 2014 31 st October 2014 Q3 financial summary OPERATING PROFIT TOTAL UNIT REVENUE PAX UNIT REVENUE 900m (reported, pre-exceptional items) -1.9% (constant FX) -0.9%

More information

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

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

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

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

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

SAS Group Q Teleconference

SAS Group Q Teleconference SAS Group Q4 2012 Teleconference December 12, 2012 1 Break-even result in 2012 despite 1.6 bn SEK higher fuel cost 23 MSEK EBT (before non-recurring items) despite 1.6 bn SEK higher fuel cost Positive

More information

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

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

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

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

More information

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

Jakarta, 3 May Analyst Meeting. Q1/ Corporate Performance

Jakarta, 3 May Analyst Meeting. Q1/ Corporate Performance Jakarta, 3 May 2018 Analyst Meeting Q1/2018 - Corporate Performance Shares Information 6,750 GIAA IJ Equity - Last Price (R1) JCI Index - Last Price (L1) 294 6,188.987 600 6,500 6,189 6,250 6,000 550 500

More information

History Culture Landscape Industry

History Culture Landscape Industry History Culture Landscape Industry Guatemala The largest economy of Central America (37.5% PIB). 15 million inhabitants Access to 67.5 million persons in the Mesoamerican market 70% of the population is

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

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

MRO Market Update & Industry Trends

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

More information

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

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

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

More information

1 2 23 24 15 16 7 8 9 Ancillary Revenue target per pax RM55 10 Online 365 11 212 13 14 14 Quarter Ended: 31 March RM'000 Revenue 2,068,227 Operating expenses: - Staff costs (286,663) - Depreciation

More information

First Quarter Results August 31 st, 2006

First Quarter Results August 31 st, 2006 First Quarter Results 2006-07 August 31 st, 2006 Key features of the First Quarter Market context Sustained global economic growth, and a recovery in Europe Average jet fuel price of 691 $/t, up 25% year-on-year

More information

Net Debt, $m 1, ,733.7

Net Debt, $m 1, ,733.7 Virgin Australia Holdings Limited (ASX: VAH) FY17 Results: Stronger Cash and Balance Sheet, Statutory and Underlying Loss, Outlook Improving 1 Summary of FY17 Financial Outcomes Group Underlying Loss Before

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

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

SAS Q2 2017/2018 TELECONFERENCE

SAS Q2 2017/2018 TELECONFERENCE SAS Q2 2017/2018 TELECONFERENCE 30 May 2018 Earnings as expected despite negative currency effect POSITIVES + Total revenue up MSEK 73 vs. LY + Currency adjusted yield up 0.6% vs. LY + EB-point sale revenue

More information

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

QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1

QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1 QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1 Key points: Underlying Profit Before Tax: $367 million Statutory Profit After Tax: $206 million Transformation benefits: $374 million Comparable unit cost reduction:

More information

Information meeting. Full Year results. June 2011

Information meeting. Full Year results. June 2011 Information meeting Full Year 2010-11 results 1 June 2011 Agenda 2010-11: Recovery in activity and return to profitability 2011: Ongoing actions and reinforced strategic advantages 2 2010-11: Strong improvement

More information

Cebu Air, Inc. 2Q2014 Results of Operation

Cebu Air, Inc. 2Q2014 Results of Operation Cebu Air, Inc. 2Q2014 Results of Operation 1 Disclaimer This information provided in this presentation is provided only for your reference. Such information has not been independently verified and, as

More information

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017 Analyst and Investor Conference Call Q3 2017 Frankfurt, 25 October 2017 Disclaimer The information herein is based on publicly available information. It has been prepared by the Company solely for use

More information

Colombia: An Upcoming Emerging Market for International Investors April 2012

Colombia: An Upcoming Emerging Market for International Investors April 2012 Colombia: An Upcoming Emerging Market for International Investors April 2012 Proexport is the organization within the Colombian Government responsible for the promotion of International Tourism, Foreign

More information

--- Disclosure A uirements) A~ulatlons October 24, 2018 IGAUSECT / /1 0

--- Disclosure A uirements) A~ulatlons October 24, 2018 IGAUSECT / /1 0 October 24, 2018 IGAUSECT /1 0-1 8/1 0 To National Stock Exchange of India limited Exchange Plaza, C - 1, Block G Sandra Kurla Complex Sandra - (E) Mumbai - 400 051 Symbol: INDIGO To Department of Corporate

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

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

AIR BERLIN PLC Q2 RESULTS, APRIL JUNE Berlin, August 18 th, 2011

AIR BERLIN PLC Q2 RESULTS, APRIL JUNE Berlin, August 18 th, 2011 AIR BERLIN PLC Q2 RESULTS, APRIL JUNE 2011 Berlin, August 18 th, 2011 MANAGEMENT SUMMARY 1/5 Management Summary Yield 1) [EUR] +7.9% 99.75 107.68 Q2/10 PF Q2/11 ACT Measures: Increase of fuel surcharge

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

ANALYST MEETING 3Q2015

ANALYST MEETING 3Q2015 ANALYST MEETING 3Q2015 November 12, 2015 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

More information

Investor Presentation Q2 2011

Investor Presentation Q2 2011 Investor Presentation Q2 Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning

More information

Latin America Airfinance Conference

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

More information

Financial Results Q3 FY16

Financial Results Q3 FY16 Financial Results Q3 FY16 6 February 2016 Agenda Key performance highlights Jet Airways performance highlights JetLite performance highlights 2 Key highlights Highest ever quarterly and period profit Jet

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

ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015

ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015 ANALYST MEETING PT GARUDA INDONESIA (PERSERO) Tbk. 9M2015 Result Announcement Jakarta, 23 October 2015 1 Agenda Hal 1. Company Profile 3 8 2. Operational Performance 9 13 3. Financial Performance 14 20

More information

Third Quarter Results

Third Quarter Results 1 Third Quarter 2010-11 Results Highlights of the Third Quarter Passenger business affected by significant disruptions Dynamic cargo activity Strong improvement in results Decline in ex-fuel unit costs

More information

THIRD QUARTER 2017 RESULTS 3 rd of November 2017

THIRD QUARTER 2017 RESULTS 3 rd of November 2017 THIRD QUARTER 2017 RESULTS 3 rd of November 2017 2017 THIRD QUARTER 2017: STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE Robust Group traffic statistics +5.1% +4.1% Strong

More information

Second Quarter 2004 Teleconference

Second Quarter 2004 Teleconference Second quarter marginally positive despite to strong yield pressure and record high jet fuel prices MSEK, April-June 2004 Change Revenues 15 143 15 300-157 EBITDAR 1 493 1 608-115 Lease, depreciation &

More information