Air Arabia Pjsc · DFM:AIRARABIA
Air Arabia Pjsc — Air Arabia — Q1 2024 Earnings Presentation
20 slides from Air Arabia Pjsc's earnings presentation, Sep 1, 2024
Slide 1: Results Presentation Q1 2024
Classification: External RESULTS PRESENTATION Q1 2024
Slide 2: Q1 2024 in Focus
Classification: Internal Q1 2024 IN FOCUS
Slide 3: Strategic Summary – Q1 2024
Classification: Internal STRATEGIC SUMMARY – Q1 2024 ▪ The global aviation industry continues to face economic and geo-political uncertainty that are impacting the trading environment across a number of markets. ▪ The aviation industry prolonged supply chain challenges continued in Q1 impacting cost
Slide 4: Financial Review Q1 2024
Classification: Internal FINANCIAL REVIEW Q1 2024
Slide 5: Key Performance – Q1 2024
Classification: Internal KEY PERFORMANCE – Q1 2024 (AED Millions) Q1 2024 Q1 2023 Change % Pax (m) 2.78 2.5 0.28 11% LF % 85.4% 85.1% 0.3% 0.4% Revenue (m) 1,541 1,429 112 8% Operating Profit / (Loss) 222 301.4 (79.4) -26% Operating Profit / (Loss) Margin % 14% 21% -7% -32% Net Profit / (Loss) 265.9
Slide 6: Balance Sheet – Q1 2024
Classification: Internal BALANCE SHEET – Q1 2024 (AED Millions) Q1 2024 YE 2023 Change % Assets Non Current Assets 8,954 8,521 433 5.1% Current Assets 6,156 6,154 2 0.0% Total Assets 15,110 14,675 435 3.0% Liabilities & Equity Non Current Liabilities 2,986 3,056 -70 -2% Current Liabilities 5,258 4,0
Slide 7: Cash Generation
Classification: Internal CASH GENERATION Cash & Bank Retained Earnings / (Accumulated Losses)
Slide 8: Fleet Status Q1 2024
Classification: Internal FLEET STATUS Q1 2024
Slide 9: Current Fleet
Classification: Internal CURRENT FLEET Airbus A320ceo Airbus A321ceo/A321neo LR 65 Aircraft in service 9 Aircraft in service Fleet Allocation / Current 44 Sharjah 11 Abu Dhabi 10 Morocco 05 Pakistan 120 Airbus A320 family aircraft on 04 Egypt order with delivery starting in 2025.
Slide 10: Outlook
Classification: Internal OUTLOOK ▪ The escalating geopolitical tensions and supply chain challenges will continue to impact the aviation industry. ▪ High oil price and currency fluctuation will add further operational pressure on the industry’s performance. ▪ The demand for Air Arabia product remain
Slide 11: Appendix
Classification: Internal APPENDIX
Slide 12: Hubs and route network
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Slide 13: Fleet Size Historical Yearly
Classification: Internal FLEET SIZE HISTORICAL YEARLY 80 70 73 68 60 57 58 55 50 53 50 46 40 41 39 33 34 30 29 25 20 21 16 10 11 8 5 0 2 3 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 14: Seat Load Factor Historical Yearly
Classification: Internal SEAT LOAD FACTOR HISTORICAL YEARLY 100 90 80 86 85 83 83 82 82 81 80 82 80 80 79 79 79 80 80 80 70 73 60 50 40 30 20 10 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 15: Revenue Historical Yearly
Classification: Internal REVENUE HISTORICAL YEARLY IN (AED MM) 7,000 6,000 5,999 5,000 5,242 4,756 4,000 4,122 3,729 3,825 3,778 3,739 3,000 3,183 3,170 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 2021 2022 20
Slide 16: Net Profit Historical Yearly
Classification: Internal NET PROFIT HISTORICAL YEARLY IN (AED MM) 1,300 1,548 1,200 1,222 1,100 1,000 900 1,000 800 700 720 600 662 500 566 579 510 530 509 400 452 435 424 300 369 200 310 274 100 0 101 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 - 2020 2021 2022 2023 9M -19
Slide 17: Corporate Social Responsibility
Classification: Internal 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: Internal AIR ARABIA GROUP COMPANIES
Slide 19: Contact Us
Classification: Internal CONTACT US investor-relations.airarabia.com +971 6 5088939 [email protected] www.airarabia.com
Slide 20: Disclaimer
Classification: Internal 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