Aegean Airlines SA · ATHEX:AEGN

Aegean Airlines SA — Investor Presentation (June 2010)

20 slides from Aegean Airlines SA's investor presentation, Jun 30, 2010

  1. Slide 1: Company Presentation

    Company Presentation 30 June 2010

  2. Slide 2: AEGEAN at a glance

    AEGEAN at a glance 4 Full service carrier focusing on quality services 4 Providing scheduled & charter, short & medium haul services since 1999 4 Growing fast over the decade to become the largest Greek airline since 2008 4 6.6 million passengers carried in 2009 4 Fleet of 28 jet A/C + 2 wet lease T

  3. Slide 3: Shareholder structure

    Shareholder structure Shareholder % Field of activity Vassilakis Group Automotive – trading, leasing – services, airline sector 36.0% Exercises management Laskaridis Group 19.0% Shipping, Hotels, Real estate, finance Constantakopoulos family 6.4% Shipping, Tourism, Real estate D. Ioannou family Cons

  4. Slide 4: Investing in new fleet

    Investing in new fleet 4 Fleet has grown from 21 in 2006 to 30 in 2010 4 Replacement of 737 Boeing fleet with brand new A320 family aircraft initiated in 2007 Fleet 2006 2010 RJ Avro 6 6 Boeing 737 15 0 Airbus A320/321 0 22 ATR 72 (wet leases) 0 2 Total 21 30 Average age 10 years 3,5 years 4

  5. Slide 5: Network evolution

    Network evolution 4 Fleet growth facilitated network expansion 4 2006: Covering 8 out of top 30 international destinations out of Athens 4 2010: Covering 19 out of top 30 international destinations out of Athens Summer Season 2006 2010 Domestic Destinations 15 17 International Destinations 8 20 Tota

  6. Slide 6: International Network

    International Network 4 28 intl routes Aegean International Code shared 4 20 intl destinations Network : destinations 1 Athens - Barcelona Bmi: 2 Athens - Belgrade Aberdeen 3 Athens - Berlin TXL Belfast 4 Athens - Brussels 5 Athens - Cairo Dublin Berlin Edinburgh 6 Athens - Dusseldorf London Düsseld

  7. Slide 7: Domestic Network

    Domestic Network Aegean Domestic 4 26 domestic routes Network : 4 17 domestic destinations 1 Athens - Alexandroupolis 2 Athens - Chania 4 100 daily flights Kavala 3 Athens - Chios Alexandroupolis 4 Athens - Heraklion Thessaloniki 5 Athens - Ioannina Ioannina 6 Athens - Kalamata 7 Athens - Kavala Cor

  8. Slide 8: Traffic

    Traffic Passengers - Domestic Network (m) 3,67 3,75 3,06 3,36 2,57 2,79 1,92 1,74 2,05 1,57 0,31 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Passengers - International Network (m) 2,82 2,31 1,87 1,22 1,39 0,80 1,01 0,59 0,67 0,00 0,00 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

  9. Slide 9: Solid financial position

    Solid financial position Revenue ( m € ) 611,7 622,7 482,7 401,1 340,6 283,5 201,3 223,1 157,5 72,2 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 € (m) 2009 Revenues 622,7 EBITDAR1 95,9 EBITDA2 31,5 Pre – tax earnings 32,5 Net earnings after tax 23,0 Total borrowings 83,3 Cash & cash equivalents

  10. Slide 10: Significant contribution to the market's growth

    Significant contribution to the market’s growth Total market 1998-2009: Total market (in million pax) 9 million passengers increase 32,9 m pax 100% +37% 90% 9,7 35 +33% 32,9 80% 30 28,8 70% 26,1 3,9 24,2 24 60% 25 2,4 Passengers (m) 19,6 50% 20 40% 15 +55% 10,1 30% 10 6,8 4,6 20% 4,4 5 10% 6,8 0 0%

  11. Slide 11: Investing in Quality

    Investing in Quality Athens International Airport Lounge Self Check-in kiosks 4 New fleet improves reliability / punctuality / Product upgrade 4 Investing in quality on board and on ground 4 Business / economy class 4 Frequent Flyer Program Our in-flight Magazine 4 On time performance Aegean Cuisine

  12. Slide 12: e services / Simplifying procedures

    e services / Simplifying procedures 4 e services for individuals & Travel Agents 4 Continuous improvements on www.aegeanair.com 4 Unique visitors passed the 1m mark in February 2010 4 Auxiliary services like hotel reservation, travel insurance, car rental 12

  13. Slide 13: Awards

    Awards Best regional airline in Europe Best Cabin Crew in South Europe 16 million passengers voted for the survey European Region Airline Association awards over the years : 2000, 2004, 2005, 2006, 2007, 2008 The company contributing to the largest increase in passengers for the years 2004-2009 13

  14. Slide 14: Initiatives

    Initiatives 4 Children Villages SOS (Aegean + Passengers contribution) 4 National initiative: 2 new Airbus Α320 bearing the image of the Acropolis Museum’s Kori of Athens 4 Transfer of more than 6,000 students from the Greek islands to the new museum 14

  15. Slide 15: Agreement to merge with Olympic

    Agreement to merge with Olympic 4 February 2010: Main shareholders of AEGEAN and sole shareholder of Olympic Marfin Investment Group reached an agreement for the merger of the two entities’ operations 4 Deal structure: 4 Capital Increase of €97.5m into 3 Olympic co’s fully covered by Marfin 4 Acquis

  16. Slide 16: Aegean becomes a member of STAR ALLIANCE

    Aegean becomes a member of STAR ALLIANCE Facts & Figures Star Alliance Members: 28 Passengers per year: 628 m Airports : 1,172 in 181 countries Fleet : 4,025 Daily departures : Over 21,200 16

  17. Slide 17: Star alliance entry process

    Star alliance entry process 4 April 2009: Star alliance acceptance 4 May – July 2009: integration planning 4 September 2009 – May 2010: Implementation 4 Operational issues: 4 IT systems 4 Loyalty programs 4 Passengers & baggage processes 4 30.06.2010: AEGEAN joins Star Alliance - Short integration p

  18. Slide 18: Star Alliance: Benefits to passengers

    Star Alliance: Benefits to passengers 4 Access to a worldwide network – Global reach 4 Seamless worldwide travel services / ticketing, check-in services 4 Frequent Flyer Programs linked 4 Privileged access to facilities, lounges, priority check-in, boarding, baggage 4 Round the world fares 18

  19. Slide 19: Star Alliance: Benefits to Aegean

    Star Alliance: Benefits to Aegean 4 Worldwide recognition / status 4 Network connectivity / increased feeding => additional passengers 4 Corporate agreements => additional passengers 4 Common terminals / facilities in a large number of airports => Operational improvement 4 Synergies in IT => upgrade

  20. Slide 20: Thank you!

    Thank you! += AEGEAN

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