Investor Presentation Q PDF Free Download

Investor Presentation Q2

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Q2 Highlights Political unrest continues through out the Arab world and oil prices continue to rise Despite the continuous challenges, Air Arabia achieved better quarter on quarter results by all metrics Air Arabia s Centro Rotana hotel at Sharjah Airport launched operations 2 new aircraft were received and 4 more expected in Interest rates globally and in UAE have seen sharp drop from same levels in Q2 2010 European credit agencies continue to support Air Arabia purchases Two GCC airlines have closed down in sama and wataniya

Air Arabia Global Network Currently operates to over 65 destinations in 32 countries from three hubs (Sharjah, Casablanca & Alexandria) Istanbul has become the first city with flights from the three hubs Saudi is becoming a common destination to operations from Sharjah and Alexandria Remains biggest international airline to fly to India with 13 destinations and over 102 flights per week

World s Best A320 Operator Achieved this recognition since 2005 - YTD Highest level of A320 family aircraft utilization with 99.8% operational reliability This recognition from Airbus illustrates the continuous excellence and efficiency in Air Arabia operations

Air Arabia Group Structure AIR ARABIA GROUP AIR ARABIA UAE JV S & SUBSIDIERIES AIR ARABIA MAROC AIR ARABIA EGYPT All Air Arabia hubs and JV s enjoy an independent management teams. Air Arabia group overlooks its subsidiaries to ensure brand unity and financial fitness

Passenger & Fleet Growth (H1) * Air Arabia Group 80 Number of Destinations Fleet Size 60 40 20 0 5 15 23 32 37 44 59 65 66 20032004 2005 2006 2007 2008 2009 2010 H1 30 20 10 0 3 5 8 11 16 21 25 27 Total Passengers 2004 2005 2006 2007 2008 2009 2010 H1 6,000 5,000 4,000 3,000 2,000 1,000-2,700 3,561 4,066 4,456 2,771 1,763 1,133 547 68% 79% 80% 86% 85% 80% 83% 84% 2004 2005 2006 2007 2008 2009 2010 H1

Historical Financial Group Performance VS H1 Revenues Gross Profit Revenues (AED 000) 2,500 2,000 1,500 1,000 500-2,066 1,972 2,080 1,283 1,105 749 411 192 2004 2005 2006 2007 2008 2009 2010H1 EBITDAR Gross Profit (USD in MM) 450 400 350 300 250 200 150 100 50 0 25.9% 19.1% 394 18.2% 358 318 312 15.8% 17.4% 15.0% 12.5% 9.3% 130 103 65 24 2004 2005 2006 2007 2008 2009 2010 H1 Net Profit 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% % Margin EBITDAR (AED 000) 800 700 600 500 400 300 200 100 0 741 742 37.6% 590 20.4%24.3% 34.4%35.9% 28.4% 421 15.1% 29 84 182 20.0% 219 2004 2005 2006 2007 2008 2009 2010 H1 EBITDAR EBITDAR Margin 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% % Margin Net Profit (AED (MM) 600 500 400 300 200 100 0 29.3% 25.0% 22.9% 510 452 376 14.9% 310 7.6% 13.5% 8.6% 101 95 31 2005 2006 2007 2008 2009 2010 H1 Net Profit Net Margin 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% % Margin

Financial Performance (Group) Q2 Q2 Revenue AED (M) 700 600 500 400 Q2 Net Profit AED (M) 300 200 100 100 80 0 2008 2009 2010 60 40 20 Q2 Passenger Increase 0 2008 2009 2010 1180000 1160000 1140000 1120000 1100000 1080000 Q2 2010 Q2

Rev VS cost per passenger Q2 Cost/Passenger Q2 2010 Vs. Q2 Cost/Passenger Excluding fuel 500 300 450 280 400 350 Q2 2010 Q2 260 240 Q2 2010 Q2 18% Increase 11% Increase Revenue/Passenger Q2 2010 Vs. Q2 2010 540 520 500 480 460 440 420 Q2 2010 Q2-10 - 16% Increase

JV s & Investment Portfolio Air Arabia JV s & Subsidiaries have been positively contributing to the Group financial performance

Recent Awards Airbus operational excellence award 200-2010 Excellence in Corporate Governance practices by ESCA Super brands award 2010 Innovation in Operations award for LCC category by Express TravelWorld Awards 2010-

Operating Statistics (Airline) 2004 2005 2006 2007 2008 2009 2010 Number of Aircraft 3 5 8 11 16 21 25 Average Aircraft 3.0 4.9 6.0 9.5 14.5 17 23 Destinations 15 23 32 37 44 45 65 Number of Pax in Millions 0.6 1.1 1.7 2.7 3.6 4.1 4.5 RPK (Billions) 1.2 2.5 3.7 5.0 7.1 8.5 9.2 ASK (Billions) 1.8 3.2 4.7 5.8 8.3 10.5 11.0 Average Load Factor 68% 79% 80% 86% 85% 80% 83% Revenue / Passenger 318.2 354.7 425.0 453.6 546 523 493 Cost / Passenger 348.9 345.3 382.1 351.6 460 375 397 Cost / Passenger (Ex-Fuel) 240.2 220.7 248.0 207.9 229 235 239 Q2 2010 Q2 23 25 23 25 65 66 1.109M 1.162M 2.287M 2.362M 2.757M 2.866M 82.1 82.5 458 532 413 489 261 290 EBITDAR Margin 13.9% 20.4% 24.9% 34.4% 36% 38% 28%

Investor Presentation Q2 2011