Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Air Arabia — Q1 2013 Earnings Presentation
29 slides from Air Arabia PJSC's earnings presentation, April 2013
Slide 1: Air Arabia Investor Presentation
Air Arabia Investor Presentation Sharjah, UAE: April 2013
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 Global Presence (2013) Launched in October 2003, Air Arabia is the first and largest low cost carrier in the Russia Middle East and North Africa. Following 10 successful years of operations, Air Arabia has grown to become a leading low cost carr
Slide 6: General Overview
Air Arabia Story General Overview Air Arabia has been profitable since first year of operations. AED10.8 billion RPK in 2012 – 12.2% growth compared to 2011. Strong balance sheet with AED1.33 billion in cash. 2009 RPK: 8.5 billion 2009 ASK: 10.5 billion 2010 RPK: 9.2 billion 2010 ASK: 11.0 bil
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 11 FY 12 50% 85.8 87.6 51% 33.1 37.6 51% 24.5 29.5 51% 4.4 7.4 100% 8.1 23.8 100% 18.4 33.5
Slide 13: Multi-Continental Growth
Investment Highlights Multi-Continental Growth 1 Air Arabia UAE 3 2 Air Arabia Maroc Air Arabia Egypt 3 Growth in number of destinations at each Hub 2 1 Strategic bases located at key emerging markets & spreading wings to under-served regions covering mass population of over 3 billion: Middle East
Slide 14: Record Performance
Investment Highlights Record Performance Key Indicators Goals Set in (2007) Accomplishments (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 size with a projection to
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 2013
Financials Q1 2013 Quarterly Performance Q1’ 2013 Q1’ 2012 % Change Financial Highlights (AED Millions) TOTAL REVENUE 722 594 22% NET PROFIT 59 49. 20% Operational Highlights NUMBER OF PAX CARRIED (Millions) 1.445 1.230 17.4% RPK (Billions) 2.948 2.510 17.45% ASK (Billions) 3.549 3.013 17.78% AVERAG
Slide 18: Financials FY 2012
Financials FY 2012 Revenues (AED) 2004-2012 Air Arabia added 6 new Airbus A320 aircraft to its fleet in 2012. Seat factor for the full year ending December 31, 2012 stood at 82%. The number of passengers carried for the year 2012 increased by 13% compared to previous year with Air Arabia carry
Slide 19: Fleet Funding Plans
Financials Fleet Funding Plans Out of the first 14 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 The entire fleet consists of the Airbus A320 will be a mixture of
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 Number of Aircrafts 3 5 8 11 16 21 25 29 32 Average Aircrafts 3 4.9 6 9.5 14.5 17 23 27.5 30.5 Destinations 15 23 32 37 44 45 65 69 82 Number of Pax (Millions) 0.5 1.1 1.8 2.7 3.6 4.1 4.5 4.7 5.3 RPK (Billion
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