Air Arabia PJSC · DFM:AIRARABIA
Air Arabia PJSC — Q1 2023 Earnings Presentation
20 slides from Air Arabia PJSC's earnings presentation, 2023
Slide 1: Results Presentation Q1 2023
Classification: External RESULTS PRESENTATION Q1 2023
Slide 2: Q1 2023 in Focus
Classification: Internal Q1 2023 IN FOCUS
Slide 3: Strategic Summary – Q1 2023
Classification: Internal STRATEGIC SUMMARY – Q1 2023 ▪ The global aviation industry continues to experience a resurgence led primarily by a continued rebound in passenger demand. ▪ Equally, global economic uncertainty continued in Q1, along with geopolitical challenges that are impacting growth sent
Slide 4: Financial Review Q1 2023
Classification: Internal FINANCIAL REVIEW Q1 2023
Slide 5: Key Performance – Q1 2023
Classification: Internal KEY PERFORMANCE – Q1 2023 (AED Millions) Q1 2023 Q1 2022 Change % Pax (m) 2.5 1.76 0.74 42% LF % 85% 79% 6% 8% Revenue (m) 1,429 1,129 300 27% Operating Profit / (Loss) 301.4 280.8 20.6 7% Operating Profit / (Loss) Margin % 21% 25% -4% Net Profit / (Loss) 341.7 291 50.7 17%
Slide 6: Balance Sheet – Q1 2023
Classification: Internal BALANCE SHEET – Q1 2023 (AED Millions) Q1 2023 YE 2022 Change % Assets Non Current Assets 8,593 8,805 -212 -2.4% Current Assets 6,034 5,632 402.2 7.1% Total Assets 14,627 14,437 190 1.3% Liabilities & Equity Non Current Liabilities 3,559 3,735 -175.5 -5% Current Liabilities
Slide 7: Cash Generation
Classification: Internal CASH GENERATION Cash & Bank Retained Earnings / (Accumulated Losses)
Slide 8: Fleet Status Q1 2023
Classification: Internal FLEET STATUS Q1 2023
Slide 9: Current Fleet
Classification: Internal CURRENT FLEET Airbus A320ceo Airbus A321ceo/A321neo LR 59 Aircraft in service 9 Aircraft in service Fleet Allocation / Current 42 Sharjah 08 Abu Dhabi 09 Morocco 02 Armenia 120 Airbus A320 family aircraft on 04 Egypt 03 Pakistan order with delivery starting in 2025.
Slide 10: Outlook
Classification: Internal OUTLOOK ▪ Global economic and political uncertainty continues and we remain cautious in navigating growth through current economic scene. ▪ We remain committed to driving efficiency higher, costs lower, while serving more customers through out our seven operational hubs. ▪ S
Slide 11: Appendix
Classification: Internal APPENDIX
Slide 12: Global Network
Classification: Internal Global Network
Slide 13: Fleet Size Historical Yearly
Classification: Internal FLEET SIZE HISTORICAL YEARLY 80 70 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
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 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
Slide 15: Revenue Historical Yearly
Classification: Internal REVENUE HISTORICAL YEARLY IN (AED MM) 6,000 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
Slide 16: Net Profit Historical Yearly
Classification: Internal NET PROFIT HISTORICAL YEARLY IN (AED MM) 1,300 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 9M -192 *307 *201
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: Classification: Internal External CONTACT US investor-relations.airarabia.com +971 6 5088939 [email protected] www.airarabia.com
Slide 20: Disclaimer
Classification: Classification: Internal 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 rega