Slide 1: Earnings Presentation Q3 FY20
Earnings Presentation Q3 FY20 Oct – Dec 2019 January 27, 2020 1
Slide 2: Safe harbor
Safe harbor This document may contain some statements on the Company’s business or financials which may be construed as forward looking. The actual results may be materially different from these forward looking statements. This document forms part of the quarterly earnings release and should be view
Slide 3: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Dec'19 Dec'18 Change% ASK (billion) 25.8 21.6 19.3% Total income 103,302 82,293 25.5% RASK (INR) 3.91 3.70 5.6% Total expenses 97,736 80,469 21.5% CASK (INR) 3.69 3.62 2.1% CASK ex fuel (INR) 2.40 2.04 17.5% EBITDAR* 19,
Slide 4: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Dec'19 Dec'18 Change% Revenue from operations 99,317 79,162 25.5% Other income 3,985 3,130 27.3% Total income 103,302 82,293 25.5% ASK (billion) 25.8 21.6 19.3% RPK (billion) 22.6 18.4 22.6% Load factor (%) 87.6% 85.3% 2.3 pt
Slide 5: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Dec'19 Dec'18 Change% Aircraft fuel expenses 33,419 34,104 -2.0% Aircraft and engine rentals (net) 1,343 10,573 -87.3% Supplementary rentals and aircraft repair and maintenance (net) 16,331 10,538 55.0% Airport fees and charges
Slide 6: Cash and Debt
Cash and Debt As of Particulars (in INR million) Dec'19 Dec'18 Change% Free Cash 94,128 46,245 103.5% Restricted Cash 106,559 95,178 12.0% Total Cash 200,687 141,423 41.9% Debt excluding lease liability 23,506 24,759 -5.1% Lease liability * 192,046 - - Total Debt * 215,553 24,759 770.6% * With effec
Slide 7: Capacity update
Capacity update • Year over year capacity increase in ASKs is expected to be 20% for the fourth quarter and 23% for the full fiscal year 2020 • For Fiscal Year 2021, capacity increase in ASKs is expected to be around 20% 7
Slide 8: Appendix
Appendix
Slide 9: Fleet breakup
Fleet breakup 31st Dec, 2019 30th Sep, 2019 31st Dec, 2018 257 245 208 • 29 Owned/Finance • 29 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 228 Operating Lease • 216 Operating Lease • 179 Operating Lease • 96 A320neo • 89 A320neo • 66 A320neo • 126 A320ceo • 129 A320ceo • 127 A320ceo • 10 A
Slide 10: Definitions and Abbreviations
Definitions and Abbreviations Term Description ASK Available Seat Kilometer CASK Total Cost net of finance income per Available Seat Kilometer CASK ex fuel Total Cost excluding fuel cost net of finance income per Available Seat Kilometer Earnings before finance income and cost, tax, depreciation, am
Slide 11: Thank You
Thank You