Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Air Arabia — Q3 2017 Earnings Presentation
22 slides from Air Arabia PJSC's earnings presentation, 2017
Slide 1: Air Arabia Q3 2017 Investors' Presentation
Air Arabia Air Arabia Q3 2017 Investor Presentation Investors’ Presentation Q1 2017
Slide 2: The Development of Air Arabia
The Development of Air Arabia
Slide 3: Air Arabia - General Overview
Air Arabia - General Overview Company Overview Launched in October 2003, Air Arabia was the first and is the largest low cost carrier in the Middle East and North Africa. 14 years of consistent growth. 14 year of consistent profitability. Initial Public offering was successfully completed in
Slide 4: Business model
Business model Leadership First mover advantage – The first Low cost on MENA, and first listed airline in the Arab world (DFM). Truly Independent – In Management and Strategic development. Strong support at our home base – Air Arabia is by far the largest operator in Sharjah Airport, providing
Slide 5: Consistent Growth
Consistent Growth Destinations Fleet Size 46 122 116 41 39 101 34 90 33 82 29 73 25 65 21 59 44 16 37 11 32 8 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Load Factor Total Passengers (Million) 86% 85% 83% 82% 82% 8.034 82% 7.64 80% 80
Slide 6: Air Arabia's Global Presence
Air Arabia’s Global Presence
Slide 7: Group companies
Group companies 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 100% First & Largest LCC in MENA region covering vast population spreading across Middle East and Indian S
Slide 8: MENA Region Still maintains highest growth levels
MENA Region Still maintains highest growth levels… Source: IATA Annual report 2016.
Slide 9: Airline Companies
Airline Companies Growth in number of destinations at each Hub 5 Air Arabia UAE 1 Jordan Air Arabia UAE 2 Sharjah 3 Air Arabia Egypt 7 Air Arabia Maroc 8 6 80 4 6 60 40 2 5 40 30 1 5 20 20 2013 2014 2015 2016 2015 2016 10 0 2011 2012 2013 2014 2015 2016 0 5 2011 2012 2013 2014 2015 2016 4 Air Arabia
Slide 10: Strong JV's and Subsidiaries
Strong JV’s and Subsidiaries Air Arabia supporting businesses contribute Revenue (AED MM) strongly to the Group’s bottom-line Stake FY 15 FY 16 50% 157 147 51% 85 88 51% 100 107 100% 20 23 100% 48 40.5 100% 35 33 100% 26.4 20
Slide 11: Financial Performance
Financial Performance
Slide 12: Quarterly Performance FY 2016
FY 2016 Quarterly Performance FY’ 2015 FY’ 2016 % Change Financial Highlights (AED Millions) TOTAL REVENUE 3,826 3,778 -1.3% Operating Profit 564 365 -35% Operating Profit Margin 15% 9.6% -5.4pts NET PROFIT 531 509 -4% Operational Highlights NUMBER OF PAX CARRIED (Millions) 7.58 8.46 11.6 AVERAGE LO
Slide 13: FY 2016 revenues and net profits
FY 2016 o 2016 was a very tough year on aviation Revenues (AED) 2004-2015 industry generally. 4,500 4,000 3,7293,8253778 o Pressure on yields continue to exist and 3,500 3,183 comes from various sources. 3,000 2,434 2,832 (AED MM) 2,500 2,0661,9722,080 o Despite that, 2016 witnessed the 2,000 delive
Slide 14: Q3 2017
Q3 2017 o Air Arabia continued its positive growth during the quarter: o Passengers grew by 2.6% o The quarter saw an addition of 2 new routes to the network out of 5 hubs. o Total routes by end of the quarter stood at 132 o Yield margin pressure continues to exist, yet vigorous cost control and ope
Slide 15: Q3 2017 Quarterly Performance
Q3 2017 Quarterly Performance Q3’ 2016 Q3’ 2017 % Change Financial Highlights (AED Millions) TOTAL REVENUE 1124 1164 + 3.55% Operating Profit 226 294 + 30% Operating Profit Margin 20% 25% + 3.6 pts NET PROFIT 297 376 + 26.5% Operational Highlights NUMBER OF PAX CARRIED (Millions) 2.27 2.33 +2.6% AVE
Slide 16: 9 months 2017
9 months 2017 Quarterly Performance 9 Mths 2016 9 Mths 2017 % Change Financial Highlights (AED Millions) TOTAL REVENUE 2964 2880 -2.8% Operating Profit 460 503 + 9.3% Operating Profit Margin 15.5% 17.4% + 3.6 pts NET PROFIT 542 637 + 17.5% Operational Highlights NUMBER OF PAX CARRIED (Millions) 6.37
Slide 17: Annual Operating Statistics
Annual Operating Statistics (Figures in AED) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Number of 8 11 16 21 25 29 33 34 39 41 46 Aircrafts Average Aircraft 6.0 9.5 14.5 17.0 23.0 27.5 30.0 31.0 35.0 40.0 43.0 Destinations 32 37 44 45 65 69 82 90 100 116 122 Number of Pax 1.8 2.7 3.6 4.1
Slide 18: Fuel Hedging positions
Fuel Hedging positions 64% 60% 73% 79% 36% 40% 27% 21% $51 $54 $67 $69 2017 2018 2019 2020 Hedged Fuel Not Hedged Fuel
Slide 19: Corporate Social Responsibility
Corporate Social Responsibility Air Arabia has always give CSR very high consideration, and has been the passion of very member of Air Arabia. Charity Cloud Program Air Arabia’s initiative for sustainable development started in 2005 and currently runs schools and medical centres across: Sudan, Sri L
Slide 20: 3rd on Top Airlines 2016 according to Air Finance Journal
3rd on Top 50 Airlines 2016 according to Air Finance Journal
Slide 21: 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 22: Contact Us
Contact Us For full financials and further information: investor-relations.airarabia.com Tel: +971.6.5088977 Email: [email protected]