Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Q1 2011 Earnings Presentation
13 slides from Air Arabia PJSC's earnings presentation, 2011
Slide 1: Investor Presentation Q1 2011
Air Arabia PJSC Investor Presentation Q1 2011 -1-
Slide 2: Disclaimer
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 the company. Neither we nor our advisors make any representation regarding, and assumes no responsibility or liability
Slide 3: Highlights
Highlights • Air Arabia is a National Carrier of UAE based in Sharjah, and founded by Sharjah Government in 2003. • Air Arabia is the first and largest low-cost carrier in MENA. • 44 A 320 Aircraft on order, 4 delivered already. RPK - Q1 2011: 2.35 Billion (Q1 2010 – 2.15 Billion) ASK - Q1 2011: 2.7
Slide 4: Recent Awards
Recent Awards • Best Managed Company in the Middle East by Euro-Money • ‘Middle East’s leading low-cost airline’ by World Travel Awards • Sharjah Economic Excellence Gold Category Award. • World record of Airbus A320 Utilization over 6 years. (30,000 hours) • LCC of the year by Doha Aviation Summit
Slide 5: Experienced Management Team
Experienced Management Team GROUP CHIEF EXECUTIVE OFFICER Adel Ali GROUP HEAD OF GROUP HEAD OF NETWORK HUMAN RESOURCES Harish Kutty Rachel Abraham GROUP HEAD OF GROUP HEAD OF CORPORATE AFFAIRS COMMERCIAL SUPPORT Abdelrahman Bin Taliah Mohammed Mahmood COO – UAE GROUP DIRECTOR GROUP DIRECTOR GROUP DI
Slide 6: Air Arabia Group Network
Air Arabia Group Network Air Arabia Maroc Network -6-
Slide 7: Performance: High Utilization & High Reliability
Performance: High Utilization & High Reliability Consistently Achieved the Highest Level of Aircraft Utilization in the A320 Family Source: Airbus YTD we have achieved a flying time per aircraft of over 14 hours per day with more than 99% reliability -7-
Slide 8: Passengers and Aircraft
Passengers and Aircraft * Air Arabia Group Number of Destinations Fleet Size 70 65 65 59 60 30 27 25 50 44 25 21 37 16 40 32 20 30 23 15 11 8 20 15 10 5 3 5 5 10 0 0 2004 2005 2006 2007 2008 2009 2010 Q1 2003 2004 2005 2006 2007 2008 2009 2010 Q1 2011 2011 Total Passengers Geographic Distribution 6,
Slide 9: Historical Financial Performance (Group) Q1 2011
Historical Financial Performance (Group) Q1 2011 Revenues Gross Profit Gross Profit (USD in MM) 500 25.9% 19.1% 18.2% 30.0% Revenues (AED 000) 2,500 2,066 1,972 2,080 394 400 358 25.0% 2,000 318 312 % Margin 15.8% 17.4% 20.0% 1,283 300 15.0% 1,500 12.5% 15.0% 749 200 130 1,000 10.0% 411 513 65 35 6.
Slide 10: Revenue vs Cost per passenger Q1 2011
Revenue vs Cost per passenger Q1 2011 Cost/Passenger – Q1 2010 Vs. Q1 2011 Cost/Passenger – Excluding fuel 253 416 407 237 Cost/Passenger (AED) Cost/Passenger (AED) 2010 2011 2010 2011 2% Decrease 6% Decrease Revenue/Passenger – Q1 2010 Vs. Q1 2010 464 445 Revenue/Passenger (AED) 4% Decrease 2010 20
Slide 11: Operating Statistics (Airline)
Operating Statistics (Airline) 2004 2005 2006 2007 2008 2009 2010 Q1 2011 Number of Aircraft 3 5 8 11 16 21 25 27 Average Aircraft 3.0 4.9 6.0 9.5 14.5 17 23 27 Destinations 15 23 32 37 44 45 65 65 Number of Pax in Millions 0.6 1.1 1.7 2.7 3.6 4.1 4.5 1.2 RPK (Billions) 1.2 2.5 3.7 5.0 7.1 8.5 9.2 2
Slide 12: Joint venture revenues growing
Joint venture revenues growing 2008 2009 2010 SAS 60m 82m 89m Alpha Flight Catering 25m 27m 30m SATA 6m 11m N/A Cozmo 7m
Slide 13: Investor Relations Contact
• Investor Relations Contact: – [email protected] – +971-6-5088977 – www.airarabia.com