Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — Q1 2019 Earnings Presentation
24 slides from Vietjet Aviation Joint Stock's earnings presentation, 2019
Slide 1: Quarter I/2019 - Business Results
VIETJET AVIATION JOINT STOCK COMPANY Quarter I/2019 - Business Results 0 Strictly Confidential
Slide 2: Agenda
Agenda QUARTERLY BUSINESS OVERVIEW OPERATING & FINANCIAL STATISTICS Q12019 COST LEADERSHIP POSITION ANCILLARY PRODUCTS AND REVENUES TYPICAL ACTIVITIES & AWARDS 1
Slide 3: Quarterly Business Overview
QUARTERLY BUSINESS OVERVIEW Q1.2019 witnessed an increase of 14.1% in passengers carried to 5.81m passengers as compared to Q1 2018. Total number of flights in Q1.2019 grew by 14.6% to 33,646 flights as compared to Q1.2018 In line with the strategic plan of Vietjet, Q1.2019 witnessed strengthe
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Slide 5: Agenda
Agenda QUARTERLY BUSINESS OVERVIEW OPERATING & FINANCIAL STATISTICS Q1 2019 COST LEADERSHIP POSITION ANCILLARY PRODUCTS AND REVENUES TYPICAL ACTIVITIES & AWARDS 4
Slide 6: Operating statistics in Quarter 1/2019
Operating statistics in Quarter 1/2019 Q1 2019 ended with a net fleet growth of 7 aircraft as Number of Aircraft EOP 63 compared to Q1 2018. 56 The total fleet of 63 aircraft at end of Q1 2019 included 22 A320 and 34 A321 CEO and 07 latest fuel efficient A321 Q1.18 Q1.19 NEO aircraft. Total pass
Slide 7: Financial statistics in Quarter 1/2019
Financial statistics in Quarter 1/2019 Airline Revenues Vietjet leveraged its market share and capacity share in 10,071 7,882 Vietnam effectively to increase in core operation profitability by 25.3% in Q12019 as compared to Q12018, resulted from total airline revenue of 27.8% in Q12019 as compared t
Slide 8: Financial statistics in Quarter 1/2019
Financial statistics in Quarter 1/2019 Consolidated Revenues and Profit before tax in Q1.2019: Consolidated Revenues Vietjet recorded a consolidated revenue of VND 13,636 bn 13,636 (equivalent to USD 587 millions), reflecting an increase of 8.6% as 12,560 compared to Q1 2018. Vietjet continues to
Slide 9: Financial statistics in Quarter 1/2019
Financial statistics in Quarter 1/2019 Viejet maintained its cash and cash reserves in Q1.2019 Total Assets to VND 5,098 bn further strengthening the capital 41,387 39,086 sufficiency to meet operating cash flow requirements to pursue growth strategy of Vietjet. The total debt of Vietjet increas
Slide 10: Agenda
Agenda OVERVIEW OF VIETJET AIR KEY OPERATING PERFORMANCES COST LEADERSHIP POSITION ANCILLARY PRODUCTS AND REVENUES TYPICAL ACTIVITIES & AWARDS 9
Slide 11: Cost Leadership Position
COST LEADERSHIP POSITION RASK, CASK & RASK - CASK Vietjet continues to maintain its cost leadership (USD cents / ASK) position in the Vietnamese market through Q1.18 Q1.19 implementation of economies of scale in 4.49 4.50 operations. 4.01 3.97 While Q1.2019 witnessed a decrease of 8.7% in 0.53 F
Slide 12: Agenda
Agenda OVERVIEW OF VIETJET AIR KEY OPERATING PERFORMANCES COST LEADERSHIP POSITION ANCILLARY PRODUCTS AND REVENUES TYPICAL ACTIVITIES & AWARDS 11
Slide 13: Ancillary Revenue – Continued Focus
ANCILLARY REVENUE – CONTINUED FOCUS Ancillary revenue per pax Ancillary revenue continues to be a critical focus area for USD/pax Vietjet management to consistently provide lowest fares 19.91 to its customers and increase profitability for VJ. 14.34 Q1 2019 witnessed a growth of ancillary revenu
Slide 14: Ancillary Products and Services
ANCILLARY PRODUCTS AND SERVICES Reasonable and economical price with varied ticket types for choosing. Added services were offered, such as check- in priority, boarding priority, hot meals, pre-ordered beverages, and much more, were made available. “12pm, It’s time to Vietjet” promotion campaign off
Slide 15: Phu Quoc – Hong Kong route connects two beautiful islands
Phu Quoc – Hong Kong route connects two beautiful islands, two attractive destinations in the region 14
Slide 16: Agenda
Agenda OVERVIEW OF VIETJET AIR KEY OPERATING PERFORMANCES COST LEADERSHIP POSITION ANCILLARY PRODUCTS AND REVENUES TYPICAL ACTIVITIES & AWARDS 15
Slide 17: Events
Events Chairwoman of National Assembly of Vietnam Nguyen Thi Kim Ngan visited and conveyed Tet wishes to Vietjet, HDBank. Chairwoman Nguyen Thanh Ha, Vice Chairman Nguyen Thanh Hung, CEO Nguyen Thi Phuong Thao attended the Conference on tourism development in the Central Coast and Highlands. C
Slide 18: Events
Events Signed MoU with Vietnam National Administration of Tourism Accompanied the Tourism Authority of Thailand to promote tourism. Attended the first Business Meeting in 2019 hosted by Dien Bien Province. Participated in the International Aeronautical Conference 2019, Routes Asia Conference
Slide 19: Events
Events Welcome the first passengers in 2019 to Ho Chi Minh City on January 1st. Celebrated the Lunar New Year with many joyful activities for passengers, staffs… Launching Hanoi - Tokyo (Narita), Ho Chi Minh City - Van Don (Quang Ninh), Phu Quoc - Hong Kong (China) routes. Sharing business s
Slide 20: Events
Events Organized the ceremony of Implementing 2019 Plan with the theme "Blooming in the Sky" . Organized "Warm Tet of Love" for SOS Children's Village Ho Chi Minh City, Hue City. Accompanied with Civil Aviation Authority of Vietnam to hold the conference "Propagating and popularing laws on avi
Slide 21: Awards
Awards Being awarded the Third-Grade Labor Order of State President for outstanding achievements in charity and humanitarian work and contributions to the country's development. Being honored as one of the Vietnam's 50 best listed companies by Forbes. Ranked among the world's 50 best airlines
Slide 22: Definitions And Abbreviations
Definitions And Abbreviations Term Description ASK Available Seat Kilometer CASK Total Cost (excluding cost of aircraft sold) per Available Seat Kilometer. CASK ex-fuel Total Cost (excluding cost of aircraft sold, fuel) per Available Seat Kilometer. RASK Total Revenue (excluding Revenue from sale ai
Slide 23: Legal Disclaimer
Legal Disclaimer THIS PRESENTATION HAS BEEN PREPARED BY VIETJET AVIATION JOINT STOCK COMPANY (THE “COMPANY”) SOLELY FOR YOUR INFORMATION AND FOR USE AT THE PRESENTATION BY THE COMPANY AND HAS NOT BEEN INDEPENDENTLY VERIFIED. THIS PRESENTATION IS BEING COMMUNICATED ONLY TO PERSONS WHO HAVE PROFESSION
Slide 24: Thank you Enjoy Flying
Thank you Enjoy Flying 23
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