Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Air Arabia — Q1 2015 Earnings Presentation
29 slides from Air Arabia PJSC's earnings presentation, Sep 10, 2015
Slide 1: Air Arabia Investor Presentation 1st Quarter 2015
Air Arabia Investor Presentation 1st Quarter 2015
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 assume no responsibility or liability f
Slide 3: Content
Content • Air Arabia Story • Investment Highlights • Financials • Way Forward • Governance & Community • Appendix
Slide 4: Air Arabia Story
Section 1 Air Arabia Story
Slide 5: General Overview
Air Arabia Story General Overview Company Overview Launched in October 2003, Air Arabia is the first and largest low cost carrier in the Middle East and North Africa. Asset Evolution (2009 – 2014) Air Arabia has grown to become a leading low cost carrier operator across key Global emerging marke
Slide 6: General Overview
Air Arabia Story General Overview Air Arabia has been profitable since first year of operations. AED 13.8 billion RPK in 2014 – 11.4 % growth compared to 2013. Strong balance sheet with AED1.4 billion in cash. RAK Hub operated in 2014, and Jordan Hub announced in 2015 RPK ASK Evolution 2009
Slide 7: Map of Global Presence
Air Arabia Story Map of Global Presence
Slide 8: Group Portfolio
Air Arabia Story Group Portfolio Air Arabia (PJSC)- (DFM:AIRARABIA), consists of a group of airlines and companies offering travel and tourism services across the globe. Industry Companies Ownership Description First & Largest LCC in MENA region covering vast 100% population spreading across Middle
Slide 9: Investment Highlights
Section 2 Investment Highlights
Slide 10: General Overview
Investment Highlights General Overview Leadership Advantage First mover advantage - capitalizing on the multi-hub model taking key emerging markets as basis to penetrating new regions and grow network. The first Arab listed airline (DFM) – providing the carrier an independent path to growth and
Slide 11: Cost Control & Operational Efficiency
Investment Highlights Cost Control & Operational Efficiency Operational Reliability VS Daily Utilization (A320) Amongst the world’s top 5 lowest airline operational cost. The world's best operator of an Airbus A320 fleet; highest aircraft utilization and operational reliability. (see graph A1).
Slide 12: Strong Subsidiaries
Investment Highlights Strong Subsidiaries Air Arabia supporting businesses contribute Revenue (AED MM) positively to the Group’s bottom-line Stake FY 13 FY 14 50% 80 91 51% 38.3 42 51% 25.6 33.4 100% 8.15 15.2 100% 30.2 42.8 100% 37.7 38 100% 17.1
Slide 13: Multi-Continental Growth
Investment Highlights Multi-Continental Growth Growth in number of destinations at each Hub 1 Air Arabia UAE 2 Sharjah Air Arabia Egypt 3 Air Arabia Maroc 3 2 4 Air Arabia UAE RAK 2014 1 4 Strategic bases located at key emerging markets & spreading wings to under-served regions covering mass populat
Slide 14: 5 year goals set when going public achieved
Investment Highlights 5 year goals set when going public achieved Key Indicators Goals Set in (2007) Accomplishments by 2012 Revenue To expand the company and double the In 2007 Total revenue was AED 1.3Billion. Group revenue streams. revenue touched AED 3Billion (2012). Fleet Size To grow the fleet
Slide 15: Leadership
Investment Highlights Leadership Expert Teams Lead by its founder and Group Chief Executive Officer Adel A. Ali, who is well known for being at the forefront of the development of modern aviation. Home of some of the world's best aviation talents , together driving Air Arabia into new heights. F
Slide 16: Financials
Section 3 Financials .| alrarabia.com =. _ | Opa dye tI ee . Lid
Slide 17: Financials Q1 2015
Financials Q1 2015 Quarterly Performance Q1’ 2014 Q1’ 2015 % Change Financial Highlights (AED Millions) TOTAL REVENUE 827 886 7% NET PROFIT 74.9 85.3 13% Operational Highlights NUMBER OF PAX CARRIED (Millions) 1.63 1.79 9.8% AVERAGE LOAD FACTOR 81% 81% ~
Slide 18: Financials FY 2014
Financials FY 2014 Revenues (AED) 2004-2014 Air Arabia added 7 new Airbus A320 aircraft to its fleet in 2013. Seat factor for the full year ending December 31, 2014 rose to 81.4% The number of passengers carried for the year 2014 increased by 11.6% compared to previous year with Air Arabia car
Slide 19: Fleet Funding Plans
Financials Fleet Funding Plans Out of the first 21 deliveries of our 44 order, 12 have been achieved through finance supported by the European ECA’s (at extremely competitive rates). It is anticipated that the remaining aircraft will be a mixture of ECA financing and, commercial finance.. Air
Slide 20: Way Forward
Section 4 Way Forward
Slide 21: Group Strategy
Way Forward Group Strategy Air Arabia aims to strengthen its position as the leading low cost carrier operator across the Arab World: Providing its customers with the most competitive fares; Greatest number of destinations; and Highest quality of service – while maintaining the Highest return on inv
Slide 22: Governance & Community
Section 5 Governance & Community, _
Slide 23: Corporate Governance
Governance & Community Corporate Governance Corporate governance code implemented in 2007 is a combination of International and national (UAE) corporate standards. Two board committees with specific responsibility for Audit, nomination and remuneration as well as corporate ethics. Monthly budg
Slide 24: Corporate Social Responsibility
Governance & Community Corporate Social Responsibility Charity Cloud Program Air Arabia’s initiative for sustainable development in 2005 and currently runs schools and medical centres across: Sudan, Sri Lanka, India, Nepal, Yemen and Turkey – providing education and health care to thousands of under
Slide 25: Appendix
Section 6 Appendix
Slide 26: Operating Statistics
Appendix Operating Statistics (Figures in AED) 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Number of Aircrafts 3 5 8 11 16 21 25 29 33 34 39 Average Aircrafts 3.0 4.9 6.0 9.5 14.5 17.0 23.0 27.5 30.0 31.0 35.0 Destinations 15 23 32 37 44 45 65 69 82 90 101 Number of Pax (Millions) 0.5 1.1
Slide 27: Operating Metrics
Appendix Operating Metrics Destinations Fleet Size Load Factor Total Passengers (Million)
Slide 28: Arab Aviation Overview
Appendix Arab Aviation Overview RPKs Growth (Y-o-Y) ASKs Growth (Y-o-Y) Total Passenger Load Factor 14% 10% 90% 12% 9% Industry: 5% 87% 12% 8% 8% 84% Industry: 6% 8% 85% 10% 82% 10% 80% 80% 9% 80% (% of ASKs) 8% 6% 4% 75% 73% 6% 5% 4% 4% 3% 70% 4% 3% 2% 2% 2% 65% 0% 0% 60% America America America Am
Slide 29: Contact Us
Appendix Contact Us For full financials and further information: investor-relations.airarabia.com Tel: +971.6.5088977 Email: [email protected] Thank You