Air New Zealand Limited · NZX:AIR
Air New Zealand — Shareholder Meeting (September 2011)
20 slides from Air New Zealand's shareholder meeting presentation, Sep 28, 2011
Slide 1: Annual Shareholders' Meeting 2011
Annual Shareholders’ For personal use only Meeting 2011
Slide 2: Chairman John Palmer
For personal use only Chairman John Palmer
Slide 3: Annual Meeting
Annual Meeting For personal use only • Chairman’s Address • Chief Executive’s Address • Resolutions regarding Directors • General discussion 3
Slide 4: Highlights
Highlights For personal use only • Normalised earnings* $75m • Gearing at 46.7% • Net cash position of $860m • New A320 and B777-300ER aircraft • Seats to Suit • Virgin Alliance and shareholding • Bond Offer 4 * Normalised earnings before taxation after excluding the net impact of derivatives that h
Slide 5: Dividend
Dividend For personal use only • Unimputed final dividend of 2.5 cents per share • Annual dividend of 5.5 cents per share • Total shareholder distributions of $60 million 5
Slide 6: Outlook
Outlook For personal use only • Seeing good performance in the short haul environment • Expect better performance in long haul business in FY12 • But turbulence and turmoil in international financial markets is concerning • We currently see an improved result in FY12, contingent on fuel price levels
Slide 7: CEO Rob Fyfe
For personal use only CEO Rob Fyfe
Slide 8: Strategic Priorities
Strategic Priorities For personal use only • Virgin Alliance – reinforcing key customer value propositions • Long haul review • Maximising loyalty programme opportunities • Operational productivity and efficiency • Managing fleet replacement programmes • Maintaining our environmental leadership posi
Slide 9: Seats to Suit a Success
Seats to Suit a Success For personal use only Tasman Passenger Growth* Year on Year November 2010 - May 2011 • Yield dilution less than Passenger Numbers expected 150,000 125,000 • Delivered more capacity at 100,000 minimal costs 75,000 • Load factors increased 50,000 25,000 despite capacity increas
Slide 10: Christchurch Relief
Christchurch Relief For personal use only • Prioritised community interest ahead of maximising short term financial performance • Introduced $50 compassionate fares immediately after the February earthquake for those needing to get in and out of Christchurch • Deployed wide body capacity to assist m
Slide 11: Ash Cloud
Ash Cloud For personal use only • Utilised processes from previous events and worked closely with regulatory authorities, Volcanic Ash Advisory Centre and Air Traffic Service providers • Safety is our number one priority • Our ability to adapt quickly meant we could adjust flight plans and procedure
Slide 12: Questions on Company Performance
Questions on Company For personal use only Performance
Slide 13: Resolutions
For personal use only Resolutions
Slide 14: Resolutions
Resolutions For personal use only • Item 1: To re-elect Paul Bingham • Item 2: To re-elect John Palmer • Item 3: To elect Antony Carter • Item 4: To elect Janice Dawson 14
Slide 15: Item
Item 1 For personal use only • Item 1: To re-elect Paul Bingham • Item 2: To re-elect John Palmer • Item 3: To elect Antony Carter • Item 4: To elect Janice Dawson 15
Slide 16: Item
Item 2 For personal use only • Item 1: To re-elect Paul Bingham • Item 2: To re-elect John Palmer • Item 3: To elect Antony Carter • Item 4: To elect Janice Dawson 16
Slide 17: Item
Item 3 For personal use only • Item 1: To re-elect Paul Bingham • Item 2: To re-elect John Palmer • Item 3: To elect Antony Carter • Item 4: To elect Janice Dawson 17
Slide 18: Item
Item 4 For personal use only • Item 1: To re-elect Paul Bingham • Item 2: To re-elect John Palmer • Item 3: To elect Antony Carter • Item 4: To elect Janice Dawson 18
Slide 19: General Questions
For personal use only General Questions
Slide 20: For personal use only
Ajuo esn jeuosied Jo, *'
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