Air Arabia PJSC · DFM:AIRARABIA

Air Arabia PJSC — Investor Presentation (November 2009)

17 slides from Air Arabia PJSC's investor presentation, November 2009

  1. Slide 1: Investor Presentation H1 2009

    Air Arabia PJSC Investor Presentation H1 2009 -1-

  2. Slide 2: Disclaimer

    Disclaimer Information contained in this presentation 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 advisors make any representation regarding, and assumes no responsibility or liability

  3. Slide 3: Highlights

    Highlights • Air Arabia is a National Carrier of UAE based in Sharjah, and founded by Sharjah Government in 2003. • Air Arabia is the first and largest low-cost carrier in MENA. (Data first 8 months of 2009)  RPK - 6,148,721 (2008 – 5,159,601)  ASK - 7,726,395 (2008 – 5,926,132)  Passengers carri

  4. Slide 4: Experienced Management Team

    Experienced Management Team -4-

  5. Slide 5: Comprehensive Network

    Comprehensive Network Air Arabia Maroc Network Maroc Hub Network Sharjah Hub Network Map Map -5-

  6. Slide 6: Performance: High Utilization & High Reliability

    Performance: High Utilization & High Reliability Consistently Achieved the Highest Level of Aircraft Utilization in the A320 Family Source: Airbus YTD we have achieved a flying time per aircraft of over 14 hours per day with more than 99% reliability -6-

  7. Slide 7: RPK Growth in comparison to regional Airlines

    RPK Growth in comparison to regional Airlines

  8. Slide 8: Further Data: LCC Penetration in Middle East

    Ulpab Ua aye II airarabia.com Further Data: LCC Penetration in Middle East is still low in comparison Load Factor, Block Hours/day, and EBITDAR Margin comparison to other regions LCC Market by Seats (2008) Company Load Factor Block hoursiday EBITDAR Margin =n Air Arabia 85% 14.0 25% 30% Jazeera Airw

  9. Slide 9: Passengers and Aircraft

    Passengers and Aircraft Number of Destinations Fleet Size 50 44 46 18 17 16 37 16 40 14 32 11 12 30 23 10 8 20 8 15 5 6 4 3 10 5 2 0 0 2003 2004 2005 2006 2007 2008 H1/ 09 2004 2005 2006 2007 2008 H1/ 09 Total Passengers Geographic Distribution 4,000 3,561 3,500 Passengers ('000s) 3,000 2,700 2,500

  10. Slide 10: Historical Financial Performance (Group) H1 2009

    Historical Financial Performance (Group) H1 2009 Revenues Gross Profit Gross Profit (AED in MM) Revenues (AED in MM) 2,500 500 25.9% 30.0% 2,066 394 400 25.0% 2,000 318 19.1% % Margin 17.4% 20.0% 300 15.8% 17.4% 1,500 1,283 12.5% 15.0% 200 161 922 130 10.0% 1,000 749 65 100 24 5.0% 411 500 192 0 0.0

  11. Slide 11: Financial Performance H1 Highlights (Group)

    Financial Performance H1 Highlights (Group) Revenues Net Profit Growth rate 21% 940 Growth rate 922 920 250 AED inMillions 6% AED in Millions 900 200 150 880 871 100 193 160 860 50 840 0 H1 2008 H1 2009 H1 2008 H1 2009 - 11 -

  12. Slide 12: Revenue vs Cost per passenger (Group) H1 2009

    Revenue vs Cost per passenger (Group) H1 2009 Cost/Passenger – H1 2008 Vs. H1 2009 Cost/Passenger – Excluding fuel 488 284 417 268 Cost/ Passenger (AED) Cost/ Passenger (AED) H1 2008 H1 2009 H1 2008 H1 2009 15% Y-o-Y Decline 6% Y-o-Y Increase Revenue/Passenger – H1 2008 Vs. H1 2009 536 472 Revenue/

  13. Slide 13: Operating costs as a percentage of revenue

    Operating costs as a percentage of revenue 100.0% 4.6% 90.0% 13.6% 3.7% 3.7% 0.5% 12.5% 2.3% 0.3% 80.0% 10.0% 13.3% 14.4% 14.3% 11.9% 70.0% 11.4% 8.2% 10.8% 9.1% 8.9% 11.4% 10.9% 60.0% 9.9% 11.0% 11.0% 17.1% 50.0% 14.4% 13.5% 10.3% 13.9% 11.8% 40.0% 13.3% 30.0% 28.5% 32.4% 40.7% 31.2% 31.7% 20.0% 29

  14. Slide 14: Operating Statistics (Airline)

    Operating Statistics (Airline) 2004 2005 2006 2007 2008 H1 09 Number of Aircraft 3 5 8 11 16 17 Average Aircraft 3.0 4.9 6.0 9.5 14.5 17 Destinations 15 23 32 37 44 46 Number of Passengers in Millions 0.6 1.1 1.7 2.7 3.6 2.0 RPK (Billions) 1.2 2.5 3.7 5.0 7.1 4.0 ASK (Billions) 1.8 3.2 4.7 5.8 8.3 5

  15. Slide 15: Joint venture revenues growing

    Joint venture revenues growing H1 2009 H1 2008 • SAS 38.9m 27.7m • Alpha Flight Catering 11.9m 9.7m • SATA 4.1m 2.7m

  16. Slide 16: Air Arabia (Maroc)

    Air Arabia (Maroc) • Casablanca Morocco • Three Aircraft • 11 European Destinations • 77,000 passengers carried in first 3 months.

  17. Slide 17: Investor Relations Contact

    • Investor Relations Contact: – investorrelations@airarabia.com – +971-6-5088977 – www.airarabia.com

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