Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Air Arabia — Q1 2021 Earnings Presentation
20 slides from Air Arabia PJSC's earnings presentation, 2021
Slide 1: Results Presentation Q1 2021
Classification: Internal RESULTS PRESENTATION Q1 2021
Slide 2: Q1 2021 in Focus
Q1 2021 IN FOCUS
Slide 3: Strategic Summary – Q1 2021
STRATEGIC SUMMARY – Q1 2021 ▪ The COVID-19 impact on aviation continues to be material and of changing nature. ▪ Q1 2021 international passenger traffic remained down by 80% compared to pre-pandemic. ▪ Air Arabia resumed operations to a selected number of destinations across its five hubs during Q1.
Slide 4: Financial Review Q1 2021
FINANCIAL REVIEW Q1 2021
Slide 5: Key Performance – Q1 2021
KEY PERFORMANCE – Q1 2021 (AED Millions) Q1/2021 Q1/2020 Change % Pax (m) 0.9 1.87 -0.97 -52% LF % 76% 83% -7 -8% Revenue (m) 572 901 -329 -37% Operating Profit 45 60 -15 -25% Operating Profit Margin % 7.9% 6.7% 1.2% Net Profit 34 71 -37 -52% * Pax (m) all hubs 1.3 2.4 1.1 -30%
Slide 6: Balance Sheet – Q1 2021
BALANCE SHEET – Q1 2021 (AED Millions) Q1 2021 YE 2020 Change % Assets Non Current Assets 8,750 8,902 -152 -1.7% Current Assets 3,917 3,751 166 4% Total Assets 12,667 12,653 14 0.1% Liabilities & Equity Non Current Liabilities 4,573 4,970 -397 -8% Current Liabilities 3,193 3,175 18 1% Total Liabilit
Slide 7: Cash Generation
CASH GENERATION AED’000 Cash & Bank Retained Earnings / (Accumulated Losses)
Slide 8: Fleet Status Q1 2021
FLEET STATUS Q1 2021
Slide 9: Current Fleet
CURRENT FLEET Airbus A320 ceo Airbus A321 neo LR 52 Aircraft in service 6 Aircraft in service 39 Sharjah Hub 09 Morocco Hub 120 Airbus A320 family aircraft on 04 Egypt Hub order with delivery starting in 2024.
Slide 10: Outlook
OUTLOOK ▪ Continued covid-19 pandemic will have substantial impact on airlines Q2 performance. ▪ Long term business continuity remains top priority. Current business decisions are made to help enhance cash position and control fixed & running costs. ▪ Covid-19 severe economic impact is of global nat
Slide 11: Appendix
APPENDIX
Slide 12: Route network map
Moscow amsterdam London Cologne * “prsses ——‘Mague of Strasbourg Vienna — / _ Base Mulhouse fi Bordeaux 9 Milan Venice \ Barcelona wa = ~ Yerevan “Islamabad Sialkot “Lahore | Faisalabad Milan “spur Kathmandu “Anmedabad .¥ Mumbai Goa Bangalore chennal Khartoum <a Tangier ° y Y \ “Coimbatore Rabat Nad
Slide 13: Fleet Size Historical Yearly
Classification: External FLEET SIZE HISTORICAL YEARLY 60 57 55 50 53 50 46 40 41 39 33 34 30 29 25 20 21 16 10 11 8 3 5 0 2 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 14: Seat Load Factor Historical Yearly
SEAT LOAD FACTOR HISTORICAL YEARLY 100 80 86 85 83 82 82 82 81 83 80 80 80 80 79 79 79 60 40 20 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 15: Revenue Historical Yearly
Classification: External REVENUE HISTORICAL YEARLY IN (AED MM) 5,000 4,756 4,000 4,122 3,729 3,825 3,778 3,739 3,000 3,183 2,832 2,434 2,000 2,066 1,972 2,080 1,851 1,000 1,283 749 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 16: Net Profit Historical Yearly
Classification: External NET PROFIT HISTORICAL YEARLY IN (AED MM) 1,250 1,000 1,000 750 662 500 566 579 510 530 509 452 424 435 369 250 310 274 101 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 - 9M 2020 -192 *307 *2018 reported net profit absorbed AED307 million accumulate
Slide 17: Corporate Social Responsibility
Classification: External CORPORATE SOCIAL RESPONSIBILITY Air Arabia’s award winning corporate social responsibility program “Charity Cloud’ provides sustainable education and healthcare initiatives in underprivileged communities across the world. Charity Cloud built and operates over 15 schools and
Slide 18: Air Arabia Group Companies
Classification: External AIR ARABIA GROUP COMPANIES
Slide 19: Contact Us
Classification: External CONTACT US investor-relations.airarabia.com +971 6 5088791 [email protected] www.airarabia.com
Slide 20: Disclaimer
Classification: External 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 assume no resp