Singapore Airlines Ltd. · SGX:C6L
Singapore Airlines — Q1 FY2009-10 Earnings Presentation
12 slides from Singapore Airlines's earnings presentation, August 2009
Slide 1: SIA Group Staff Communication Q1 FY2009-10
SIA GROUP STAFF COMMUNICATION For Q1 FY2009-10 Ended 30 June 2009 197200078R
Slide 2: Group Revenue
SIA GROUP Q1 2009-10 Group Revenue $M 4,500 4,131.7 4,000 3,622.1 3,421.0 Q1 2009-10 3,500 30.5% 3,044.4 3,000 2,871.4 2,500 2,000 1,500 1,000 1Q05/06 1Q06/07 1Q07/08 1Q08/09 1Q09/10 Slide 2
Slide 3: Group Expenditure
SIA GROUP Q1 2009-10 Group Expenditure $M 4,500 4,000 3,788.5 Q1 2009-10 3,500 3,147.2 3,158.8 3,190.7 15.8% 3,000 2,791.3 2,500 2,000 1,500 1,000 1Q05/06 1Q06/07 1Q07/08 1Q08/09 1Q09/10 Slide 3
Slide 4: Group Operating Profit/(Loss)
SIA GROUP Q1 2009-10 Group Operating Profit/(Loss) $M % 1,000 12.8 15 800 8.3 8.0 8.3 10 600 463.3 343.2 Operating 400 253.1 273.8 5 Loss 200 -319.3 $662.5M 0 0 -200 -5 -400 Operating -600 Loss Margin -10 -800 -19.4% pts -11.1 -1,000 -15 1Q05/06 1Q06/07 1Q07/08 1Q08/09 1Q09/10 Slide 4
Slide 5: Group Operating Profit/(Loss) by Company
SIA GROUP Q1 2009-10 Group Operating Profit/(Loss) Q1 2009-10 Q1 2008-09 Better/ Better/ ($ M) ($ M) (Worse) (Worse) ($ M) (%) SIA (271.4) 265.4 (536.8) n.m. SATS 43.7 38.2 5.5 14.4 SIAEC 12.3 16.4 (4.1) (25.0) SIA Cargo (103.5) 4.5 (108.0) n.m. SilkAir (3.4) 10.0 (13.4) n.m. Slide 5
Slide 6: Parent Airline Company Q1 2009-10
PARENT AIRLINE COMPANY Q1 2009-10 Q1 Q1 Better/ 2009-10 2008-09 (Worse) % Total Revenue ($ M) 2,221.8 3,347.8 (33.6) Total Expenditure ($ M) 2,493.2 3,082.4 19.1 Operating (Loss)/Profit ($ M) (271.4) 265.4 n.m. Operating (Loss)/Profit Margin (%) (12.2) 7.9 (20.1) pts Slide 6
Slide 7: Parent Airline Company: Traffic and Load Factor
PARENT AIRLINE COMPANY Q1 2009-10 Q1 Q1 Change 2009-10 2008-09 % Revenue Passenger-KM (M) 18,655.0 23,190.9 -19.6 Available Seat-KM (M) 26,072.6 30,225.4 -13.7 Passenger Load Factor (%) 71.6 76.7 - 5.1 pts Slide 7
Slide 8: Parent Airline Company: Yield, Unit Cost and Breakeven
PARENT AIRLINE COMPANY Q1 2009-10 Q1 Q1 Change 2009-10 2008-09 % Pax Yield – include fuel 10.2 12.4 -17.7 surcharge (¢/pkm) Passenger Unit Cost 8.6 8.7 -1.1 (¢/pkm) Passenger Breakeven Load 84.3 70.2 + 14.1 pts Factor (%) Passenger Load Factor -12.7 +6.5 - 19.2 pts Spread (%) Slide 8
Slide 9: Revenue Passenger-KM (% change year-on-year)
PARENT AIRLINE COMPANY Q1 2009-10 Revenue Passenger-KM (% change year-on-year) % change 10 6.7% 5 0 -5 -10 -15 - 17.7% - 18.2% -20 -25 - 21.8% - 22.8% Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2008-09 2009-10 Slide 9
Slide 10: Monthly Passenger Load Factor
PARENT AIRLINE COMPANY Q1 2009-10 Monthly Passenger Load Factor 2007-08 2008-09 2009-10 % 86 84 82.1% 82 80.8% 80 79.2% 81.0% 76.4% 78 76 75.7% 74 74.7% 72 70 72.2% 68 69.4% 66 66.9% 64 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Slide 10
Slide 11: Cost Composition
PARENT AIRLINE COMPANY Q1 2009-10 Cost Composition Others 20.0% (-1.0 pt) Fuel 34.8% (-6.6 pts) AMO 5.0% (+1.2 pts) Handling Charges 7.8% (+1.1 pts) Aircraft Staff Depreciation & 14.5% (+1.0 pt) Lease Rentals 17.9% (+4.3 pts) Slide 11
Slide 12: Thank You
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