Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — Q2 2021 Earnings Presentation
30 slides from Vietjet Aviation Joint Stock's earnings presentation, August 2021
Slide 1: VietJet Aviation Q2/2021 Presentation
VietJet Aviation Joint Stock Company Q2/2021 Presentation Aug 2021
Slide 2: Disclaimer
Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY IS NOT GUARANTEED AND IT MAY NOT CONTAIN ALL MATERIAL INFORMATION CONCERNING THE COMPANY. NEITHER WE NOR OUR ADVISOR MAKES ANY REPRESENTATION
Slide 3: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 4: The ASEAN's High Potential Middle-Income Segment
The ASEAN’s High Potential Middle – Income Segment Vietjet as an LCC aims at targeting the emerging middle-class segment of the ASEAN region Number of households by annual income Change in no. of households 36mn 45mn 11mn new high and upper- High (>USD 25K) 8M +3M middle income households in 5M deve
Slide 5: Improving airport infrastructure with more destinations and capacity
Vietnam Airport Infrastructure Improving airport infrastructure with more destinations and capacity Airport Masterplan 2014 2020 2030 Lao Cai Airport (Cam Con Commune) # of Airport 22 26 N/A Passenger Capacity Dien Bien Phu Airport Noi Bai International Airport (Hanoi) 51 62 - 106 132 (million pax)
Slide 6: Dominant growth in airline take offs and inbound tourism pre-Covid 19
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Dominant growth in airline take offs and inbound tourism pre-covid 19 in the region Strong airline take-offs performance in Asia Pacific Remarkable inbound tourism growth in SEA Historical number of airline take
Slide 7: Vietnam is backed by strong fundamentals
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Vietnam is backed by strong fundamentals Strong economic growth and favourable demographic structure support LCC market in future years Large population to reach With the highest real GDP per capita CAGR One of
Slide 8: Allowing air travel to become a more accessible and efficient mode of transportation
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Allowing air travel to become a more accessible and efficient mode of transportation Air travel is the most efficient means of transportation in Vietnam Travel is substantially faster and more efficient by air c
Slide 9: Domestic market leader in Vietnam with strong government support
Largest domestic airline in Vietnam, the fastest growing aviation market in Asia Pacific Domestic market leader in Vietnam with strong government support “Viet Nam regards the private sector as a development force” –Mr. Nguyen Xuan Phuc, Prime Minister Largest airline in Vietnam 2012-2019 (1) Key go
Slide 10: Covid-19 updates in Việt Nam
Covid-19 updates in Việt Nam Vietnam has launched the largest vaccination campaign in history with the goal of administer 150 mil. doses of the COVID-19 vaccine to 70% of the population. 120 mil. doses of COVID-19 vaccine are scheduled to arrive to Vietnam in 2021. 12.1 million doses of the COVID-19
Slide 11: Vietnam's government has been supportive towards airlines
Government Support during Covid-19 Vietnam’s government has been supportive towards airlines Government support second package under Government support package in 2020: consideration: Take off and landing fee is reduced by 50% from 70% reduction of environmental protection tax March to September 202
Slide 12: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 13: Key Highlights
Key Highlights Vietjet reports its airline and consolidated revenue in 6M2021 reached 5,818 bil. VND and 8,386 bil. VND, decreased by 37% and 24%, respectively compared to the same period last year. Airline and consolidated profit after tax reached 14 bil. VND and VND 128 bil. VND in 6M2021, increas
Slide 14: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 15: Operating Statistics
Operating Statistics Passengers transported (mil.) 6.5 Pax Carried: 4.8m passengers over the whole network 4.8 in 6M2021. Operated an extensive network of 147 routes in 6M2021. Vietjet operated a total of 34 thousand flights in 6M2020 6M2021 6M2021. Aircraft utilization - 8 Block hours per aircraft
Slide 16: Route network map
Route network map Source: Company Information 15 Source: Company Information. As at August 31st, 2018 Vietjet operates 101 routes out of which 38 domestic and 63 international routes
Slide 17: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 18: Best Class in Operating Performance (Separated Fs)
Best Class in Operating Performance (Seperated Fs) Unit: Billion VND Due to Covid-19 pandemic, the travel limit had been imposed by Authority. As the Total Revenue Operating Profit result, Total Revenue reached 5,818 bil. VND in 6M2021, a decrease 37.0% in 9,228 1.5 comparison with the same period o
Slide 19: Solid Growth in Ancillary (Separated Fs)
Solid Growth in Ancillary (Seperated Fs) Unit: USD Ancillary revenue per pax. 22.61 20.80 Ancillary revenue decreased by 8.0% from 22.61 USD/pax in 6M2020 to 20.80 USD/pax in 6M2021. 6M2020 6M2021 Total Ancillary revenue as % of Total Operation Revenue slightly increased to 39% in 6M2021 Total Ancil
Slide 20: Excellent Financial Performance (Consolidated Fs)
Exellent Financial Performance (Consolidated Fs) Unit: Billion VND Total assets 48,620 Total assets increased 0.5% from 48,393 bil. VND 48,393 in 30/06/2020 to 48,620 VND bil. in 30/06/2021. Owner equity decreased 1.9% to 17,005 bil. VND 30/06/2020 30/06/2021 in 30/06/2021 due to strong Retained Ear
Slide 21: Sustainable ratios performance
Audited Financial Results Sustainable ratios performance Unit: billion VND Revenue - airlines Profit after tax - airlines EBITDAR (excl. SLB) 12,504 41,252 11,779 33,867 3,109 7,772 22,644 2,565 6,392 15,884 1,817 1,416 '16 '17 '18 '19 '16 '17 '18 '19 '16 '17 '18 '19 Revenue – consol. Profit after t
Slide 22: Sustainable ratios performance
Audited Financial Results Sustainable ratios performance Unit: billion VND Total Asset – consol. Total Liabilities – consol. Total Equity – consol. 33,956 17,250 48,859 14,039 39,086 25,048 31,658 21,064 10,594 15,329 20,063 4,734 '16 '17 '18 '19 '16 '17 '18 '19 '16 '17 '18 '19 Current Ratio (Adj.)
Slide 23: Cost, cost & cost! A strong focus on cost
Cost, cost & cost! A strong focus on cost 22
Slide 24: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 25: Offering the best value to customers
Products and Services Offering the best value to customers Launching “12:00PM, It’s time to Vietjet” campaign throughout the year and event-based promotions (Family Day, Cashless Day, etc.) offering tickets from 0 VND and free 15kg luggage for domestic routes; Participating in trialing the Internati
Slide 26: Creating values for customers
Typical events of the Q2/2021 Creating values for customers Cooperating with Swift247 to transport Bac Giang lychees to many domestic and international markets to promote the exports and consumption of agricultural products in areas affected by the COVID-19 pandemic; President and CEO of Vietjet Ngu
Slide 27: Continue to excel in operations, proven through various prestigious awards
Awards Continue to excel in operations, proven through various prestigious Madame CEO Nguyen Thi Phuong Thao was hornored in The Asia's Most Influential: The Impact List 2020 for volunteer activities. “The Operating Lease Deal of the Year” by Airfinance Journal World’s Top 10 Safest & Best Low-cost
Slide 28: Agenda
Agenda A MARKET OVERVIEW B KEY HIGHLIGHTS C KEY OPERATING PERFORMANCES D KEY FINANCIAL PERFORMANCES E PRODUCT & SERVICES, EVENTS & AWARDS F STRATEGIC PLAN
Slide 29: Target to position Vietjet as a high profile "consumer airline"
Strategy and future plans Target to position Vietjet as a high profile “consumer airline” Vietjet continues its mission of operating and developing a wide network of domestic and international routes. In 2021, Vietjet will focus on serving passengers, commit to providing customers with outstanding s
Slide 30: Thank you
Thank you 29
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