Aegean Airlines SA · ATHEX:AEGN
Aegean Airlines SA — Investor Presentation (May 2011)
21 slides from Aegean Airlines SA's investor presentation, May 2011
Slide 1: Company Presentation
Company Presentation May 2011
Slide 2: Aegean at a glance
Aegean at a glance • Full service carrier focusing on quality services • Providing scheduled & charter, short & medium haul services since 1999 • Largest Greek airline since 2008 • Listed in Athens Exchange in 2007 • 6.2 million passengers carried in 2010 • One type fleet of 29 A/C of the Airbus A32
Slide 3: Total Passengers 2002-2010
Total Passengers 2002-2010 7.0 6.6 6.2 5.9 6.0 5.1 5.0 4.4 Passengers (In million) 4.0 4.0 3.6 3.1 2.9 2.8 3.0 2.4 2.2 1.8 2.0 1.4 1.2 1.0 0.7 0.8 1.0 0.0 2002 2003 2004 2005 2006 2007 2008 2009 2010 International (scheduled+charter) Total Passengers 3
Slide 4: Aegean Network - Scheduled flights (Summer 2011)
Aegean Network - Scheduled flights (Summer 2011) 4
Slide 5: Aegean Total International Traffic
Aegean Total International Traffic 3,500 Scheduled + charter by country (in ,000) 3,063 3,000 2,817 Belgium Belgium M. East M. East Balkans/E.Europe 2,500 Balkans/E.Europe 2,232 Cyprus M. East Cyprus Balkans/E.Europe 2,000 Passengers (000) Spain 1,794 UK UK Balkans/E.Europe Cyprus 1,500 1,387 Italy
Slide 6: Domestic Network 2011 – 24 routes (Scheduled flights)
Domestic Network 2011 – 24 routes (Scheduled flights) 6
Slide 7: Investing in new fleet
Investing in new fleet 4 Aegean has invested in brand-new fleet of the Airbus A320 family 4 First deliveries took place in 2007 4 2011 the first year to operate with only 1 type A/C Fleet 2011 Airbus A319 3 Airbus A320 22 Airbus A321 4 Total 29 Average fleet age 3 years Aegean Technical Base 7
Slide 8: Fleet evolution 2004-2011
Fleet evolution 2004-2011 13 3 21 22 29 15 14 13 11 10 4 6 6 6 6 6 6 4 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Avro RJ-100 Boeing 737-300/400 Airbus A320 family (319,320,321) 8
Slide 9: 2011 Actions
2011 Actions • Increase frequencies to Western European destinations (London Heathrow, Paris CDG, Rome, Brussels, Barcelona, Madrid) • Increase charter activity to 6 A/C – 2 A/C investment in Russian market (charter + schedule activity) – Increase flights to Israel • Enhance flights from regional ai
Slide 10: Star Alliance member since June 30, 2010
Star Alliance member since June 30, 2010 Benefits to Passengers • Access to a worldwide network – Global reach • Seamless worldwide travel services / ticketing, check-in services • Frequent Flyer Programs linked • Privileged access to facilities, lounges, priority check-in, boarding, baggage • Round
Slide 11: Miles&Bonus FFP
Miles&Bonus FFP • Aegean new Miles&Bonus site (2010) – online redemption – monthly statements – online retroactive missing mileage claim – calculate miles for tier upgrade • Aegean FFP Miles&Bonus linked with star alliance members FFP Star Alliance Basic Facts: Airlines 27 Passengers 603,8 m Daily D
Slide 12: e-services / Simplifying procedures
e - services / Simplifying procedures • e- services for individuals & Travel Agents • Buy ticket through the web – New, enhanced booking engine (2010) – +/- 7 day calendar view – +/- 3 day lowest fare menu on flight view page – Better User Interface experience • Web check-in – Add Passenger (s), Add
Slide 13: Cyprus 2011
Cyprus 2011 • 3 A320 A/C based in Cyprus – Employ personnel from Cyprus – New routes to international destinations • Scheduled flights Larnaca – London Heathrow Larnaca – Paris • Direct routes to 8 destinations in Greece – Increase frequencies from Thessaloniki – New route Larnaca-Heraklion – Season
Slide 14: Aegean Network from Cyprus (Summer 2011)
Aegean Network from Cyprus (Summer 2011) Direct routes to London Heathrow & Paris 8 direct routes to Greece 14
Slide 15: Aegean Network (Summer 2011 - Scheduled flights)
Aegean Network (Summer 2011 - Scheduled flights) Domestic Network International Network 1 Athens-Alexandroupolis 1 Athens-Barcelona 19 Heraklion-Larnaca (S) 2 Athens-Chania 3 Athens-Chios 2 Athens-Berlin 20 Heraklion-London (S) 4 Athens-Heraklion 3 Athens-Bologna 21 Heraklion-Paris (S) 5 Athens-Kala
Slide 16: Aegean Network from Thessaloniki (Summer 2011)
Aegean Network from Thessaloniki (Summer 2011) 16
Slide 17: Awards
Awards 2009: 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 2004-200
Slide 18: Code share agreements
Code share agreements Hannover, Hamburg, Berlin, Frankfurt, Munich, Dusseldorf, London Heathrow, Paris, Amsterdam, Brussels, Barcelona Brussels, Nice, Manchester Manchester, Edinburg, Aberdeen, Belfast, Dublin Lisbon, Porto Bilbao, La Coruna, Malaga, Palma Mallorca, Seville, Tenerife New York - Newa
Slide 19: Financial Performance
Financial Performance 000 € 2004 2005 2006 2007 2008 2009 2010 Revenue 283.504 340.619 401.063 482.737 611.693 622.713 591.004 EBITDAR 34.002 53.159 69.892 83.146 102.185 95.892 75.819 EBITDAR % margin 12% 16% 17% 17% 17% 15% 13% EBT 4.881 19.779 34.433 44.606 39.938 32.526 (18.679) Net result (3.57
Slide 20: 2010 – 2011 in brief
2010 – 2011 in brief 2010 • Agreement (dated 22.02.10) between main shareholders of AEGEAN and MIG that would have led to the acquisition of the three companies of the new Olympic group by Aegean, the simultaneous participation of MIG to the sharecapital of AEGEAN through a share capital increase, a
Slide 21: Disclaimer
Disclaimer • Except for historical information, the statements made or information contained in this presentation are forward-looking in nature and, as such, are subject to certain risks and uncertainties, many of which are beyond the Company’s control, which could cause the actual results to differ