Jazeera Airways Co. (ksc) · KSE:JAZEERA
Jazeera Airways Co. (ksc) — Jazeera Airways — Q3 2017 Earnings Presentation
16 slides from Jazeera Airways Co. (ksc)'s earnings presentation, Oct 31, 2017
Slide 1: Webcast Starting Soon
.épjall Jazeera. Webcast Starting soon
Slide 2: Q3'17 Jazeera Airways Earnings Webcast
Q3’17 Jazeera Airways Earnings Webcast October 31, 2017 LCC of the year, 2017 2
Slide 3: Agenda
Agenda Q3 and YTD headline results Photo: Recently launched new aircraft livery YTD business review and outlook YTD financial review Q&A 3
Slide 4: Q3 Headline Results
Q3 Photo: Recently launched 2017 new crew uniforms Headline Results Record Operating Operating Net Load factor revenue result result 79.6%, +13.4% 21.9 m 8.3 m 8.2 m KD KD KD Utilization +16.8% Vs. Q3 2016 +37.8% Vs. Q3 2016 +35.6% Vs. Q3 2016 13.4%, +5.4% 4
Slide 5: YTD Headline Results
YTD 2017 Headline Results YTD 2016 net results included a one-off KD 2.4 million transfers from foreign currency translation reserve that were reclassified to the Statement of Income. Operating Operating Net Load factor revenue result result 75.5%, +5.5% 46.0 m 9.5 m 9.5 m KD KD KD Utilization +5.9%
Slide 6: YTD Business Review
YTD 2017 Business Review Year in review New Brand New Digital Platform New Routes New Livery New Website Azerbaijan (1) (Launched in Q3) New Uniforms New Apps Qatar (1) (Launched in Q2) India (4) (Launching in Q4) New Interiors New digital backbone Pakistan (1) (Launching in Q4) 6
Slide 7: YTD Business Review: New Routes
YTD Photo: Recently launched 2017 new aircraft interiors Business Review New Routes (Q4) Hyderabad Ahmedabad Kochi Mumbai Lahore NOVEMBER DECEMBER DECEMBER DECEMBER DECEMBER 7X 3X 6X 7X 3X / Week / Week / Week / Week / Week 7
Slide 8: Outlook
Outlook Photo: Render of Jazeera’s new terminal Terminal Fleet Capacity Q4 Outlook On track Pursuing expansion Mild demand 8
Slide 9: Financial Review
YTD 2017 Financial Review 9
Slide 10: YTD Financial Review
YTD 2017 Yield (KD) vs Passengers (million) Financial By quarter = Q3 Review In KD 57 59 61 Q3’17 Q3’16 % CHANGE 54 Yield 52 53 53 Operating Rev 21,933,176 18,776,039 16.8% 48 48 48 49 47 50 47 49 49 46 45 Operating Exp 13,629,486 12,752,110 6.9% 40 44 43 41 40 43 38 Q3 Operating Result 8,303,690 6,
Slide 11: YTD Financial Review: Fuel Cost
YTD 2017 Financial Fuel Cost Review FY2016 YTD2017 $67 SINGJET Swap $63 Mark ($/BBL) $56 $55 BRENT Swap Mark $40 $32 © Jazeera Airways 2017 | 11
Slide 12: YTD Financial Review: Debt to Equity
YTD 2017 Financial Debt to Equity Review Q3: 82.7 Equity (KD million) Debt to Equity Q3: 63.3 Cash Q2: 55.7 Q3: 39.5 Q4: 31.6 KD3 m KD7m Q3: 29.4 Q2: 12 dividend dividend paid paid Q4: 4.2 Q2: 1.3 Q3: 0.0 2016 2017 © Jazeera Airways 2017 | 12
Slide 13: YTD Financial Review: Balance Sheet Highlights
YTD 2017 Financial Review In Kuwaiti Dinars Sep’17 Jun’17 Mar’17 Dec’16 Balance Share Capital 20.0 m 20.0 m 20.0 m 20.0 m Equity 39.5 m 31.3 m 36.0 m 37.0 m Sheet Cash 29.4 m 25.6 m 28.8 m 29.4 m Highlights Debt 0m 0m 1.5 m 0 Working Capital 10.7 m 4.9 m 3.8 m 3.9 m © Jazeera Airways 2017 | 13
Slide 14: Q&A
Photo: Recently launched Q&A new aircraft livery 14
Slide 15: Key contacts and links
Key contacts and links For more information This and other Jazeera Airways please contact presentations KSC is listed on the are available on Kuwait Stock Donald Hubbard Exchange. Chief Financial Officer Don.Hubbard@jazeeraairways.com Bloomberg: Jazeera KK http://www.jazeeraairways.com investorrelat
Slide 16: Disclaimer
Disclaimer Information contained in our presentation is intended solely for your personal reference and is strictly confidential. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the company. We do not mak