Norwegian Air Shuttle Asa · OSL:NAS

Norwegian Air Shuttle Asa — Q1 2010 Earnings Presentation

7 slides from Norwegian Air Shuttle Asa's earnings presentation, Apr 22, 2010

  1. Slide 1: Norwegian Air Shuttle ASA Q1 2010

    Norwegian Air Shuttle ASA Q1 2010 April 22nd 2010 Bjørn Kjos - CEO ^ůŝĚĞ͗Ϯ ŽŶƚŝŶƵĞĚƌĞǀĞŶƵĞŐƌŽǁƚŚŝŶYϭ ͻ 'ƌŽƵƉƌĞǀĞŶƵĞƐŽĨDEK<ϭ͕ϱϵϮŝŶYϭϮϬϭϬ͕ϭϱйŐƌŽǁƚŚƐŝŶĐĞůĂƐƚLJĞĂƌ ʹ ŽŵĞƐƚŝĐƌĞǀĞŶƵĞ͗ DEK<ϳϬϵ;нϭϳйͿ ʹ /ŶƚĞƌŶĂƚŝŽŶĂůƌĞǀĞŶƵĞ͗ DEK<ϴϴϯ;нϭϯйͿ нϭϱй YϭϬϳ YϭϬϴ YϭϬϵ YϭϭϬ ZĞǀĞŶƵĞƐ;DEK<Ϳ ϳϯϴ ϭ͕Ϭϴϵ ϭ͕ϯϴϳ ϭ͕ϱϵϮ ŽŵĞƐƚŝĐƌĞ

  2. Slide 2: Operating result influenced by competitive pressure and increasing fuel price

    ^ůŝĚĞ͗ϯ KƉĞƌĂƚŝŶŐƌĞƐƵůƚŝŶĨůƵĞŶĐĞĚďLJ ĐŽŵƉĞƚŝƚŝǀĞƉƌĞƐƐƵƌĞĂŶĚŝŶĐƌĞĂƐŝŶŐĨƵĞůƉƌŝĐĞ ͻ /dZDEK<ͲϮϯ Æ ƌĞĚƵĐĞĚ ďLJDEK<ϳϭ ͻ /dDEK<ͲϭϵϮÆ ƌĞĚƵĐĞĚ ďLJDEK<ϵϬ ͻ /dDEK<ͲϮϯϵÆ ƌĞĚƵĐĞĚ ďLJDEK<ϭϬϰ ͻ dDEK<ͲϮϳϱ Æ ƌĞĚƵĐĞĚ ďLJDEK<ϭϮϱ ͻ EĞƚƉƌŽĨŝƚ DEK<ͲϭϵϵÆ ƌĞĚƵĐĞĚ ďLJDEK<ϴϵ /dZĚĞǀĞůŽƉŵĞŶƚ Yϭ /dĚĞǀĞůŽƉŵĞŶƚ Yϭ YϭϬϳ YϭϬϴ YϭϬϵ YϭϭϬ Y

  3. Slide 3: Strong balance sheet

    ^ůŝĚĞ͗ϱ ^ƚƌŽŶŐďĂůĂŶĐĞƐŚĞĞƚ ͻ ƋƵŝƚLJĚĞĐƌĞĂƐĞĚĨƌŽŵDEK<ϭ͕ϲϬϮĂƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞ LJĞĂƌƚŽDEK<ϭ͕ϰϬϮĂƚƚŚĞĞŶĚŽĨƚŚĞĨŝƌƐƚƋƵĂƌƚĞƌ ʹ WƌŝŵĂƌŝůLJĚƵĞƚŽƚŚĞYϭŽƉĞƌĂƚŝŶŐůŽƐƐ ʹ YϭŝƐƚŚĞƐĞĂƐŽŶĂůůLJǁĞĂŬĞƐƚƋƵĂƌƚĞƌ ͻ 'ƌŽƵƉĞƋƵŝƚLJƌĂƚŝŽŽĨϮϰй;ϮϮйͿ &RQVROLGDWHGFKDQJHVLQHTXLW\ 8QDXGLWHG <7' <HDUHQGHG'HF 12. (TXLW\%HJLQQLQJRISHULRG 7R

  4. Slide 4: 2.7 million passengers in Q1 (+28%)

    ^ůŝĚĞ͗ϳ Ϯ͘ϳŵŝůůŝŽŶƉĂƐƐĞŶŐĞƌƐŝŶYϭ;нϮϴйͿ ;нϱϴϬϬϬϬƉĂdžͿ ͻ ŽŵĞƐƚŝĐ ƉĂƐƐĞŶŐĞƌŐƌŽǁƚŚ ŽĨ ϭϵй ͻ /ŶƚĞƌŶĂƚŝŽŶĂůƉĂƐƐĞŶŐĞƌŐƌŽǁƚŚ ŽĨ ϯϵй нϮϴй YϭϬϳ YϭϬϴ YϭϬϵ YϭϭϬ WĂƐƐĞŶŐĞƌƐ;ŵŝůůŝŽŶͿ ϭ͘ϯ Ϯ͘Ϭ Ϯ͘ϭ Ϯ͘ϳ ^ůŝĚĞ͗ϴ WĂƐƐĞŶŐĞƌǀŽůƵŵĞƐĂƚKƐůŽŝƌƉŽƌƚƐŚŽǁƐŝŐŶƐŽĨƌĞĐŽǀĞƌLJ EŽƌǁĞŐŝĂŶǁŝƚŚĐŽŶƚŝŶƵĞĚƐƚƌŽŶŐŐƌŽǁƚŚ KƐůŽĂŝƌƉŽƌƚ ;K^>Ϳʹ ĂůůĂŝƌ

  5. Slide 5: Unit cost down 9%

    ^ůŝĚĞ͗ϵ ^ƚƌŽŶŐĞƌĨŽŽƚŚŽůĚŝŶĚŽŵĞƐƚŝĐĂŶĚŝŶƚĞƌŶĂƚŝŽŶĂůŵĂƌŬĞƚƐ ^ůŝĚĞ͗ϭϬ hŶŝƚĐŽƐƚĚŽǁŶϵй ͻ hŶŝƚĐŽƐƚĞdžĐůƵĚŝŶŐĨƵĞůĚŽǁŶϭϮй ʹ DŽƌĞĞĨĨŝĐŝĞŶƚŽĞŝŶŐϳϯϳͲϴϬϬĂŝƌĐƌĂĨƚŝŶĨůĞĞƚ͖ƉŚĂƐĞŽƵƚŽĨDͲϴϬ ʹ &ĂǀŽƵƌĂďůĞĐƵƌƌĞŶĐLJĞĨĨĞĐƚƐ;ͲϬ͘ϬϰƉƌ͘^<Ϳ ͻ &ƵĞůĐŽƐƚƉĞƌ^<ĐŽŶƐƚĂŶƚĚĞƐƉŝƚĞŚŝŐŚĞƌĨƵĞůƉƌŝĐĞ;нϰϯйh^͕нϮϬйEK<Ϳ ʹ DŽƌĞĞĨĨŝĐŝĞŶƚĂŝƌĐƌĂĨƚĐŽŶƐ

  6. Slide 6: Continued growth in ancillary revenue

    ^ůŝĚĞ͗ϭϭ ŽŶƚŝŶƵĞĚŐƌŽǁƚŚŝŶĂŶĐŝůůĂƌLJƌĞǀĞŶƵĞ ͻ ŶĐŝůůĂƌLJƌĞǀĞŶƵĞĐŽŵƉƌŝƐĞƐϭϮйŽĨYϭƌĞǀĞŶƵĞƐ ͻ ŶĐŝůůĂƌLJƌĞǀĞŶƵĞƉĞƌƉĂƐƐĞŶŐĞƌŚŝŐŚĞƌŽŶůŽŶŐĞƌĨůŝŐŚƚƐ нϭϰй YϭϬϳ YϭϬϴ YϭϬϵ YϭϭϬ ŶĐŝůůĂƌLJƌĞǀĞŶƵĞͬƉĂdž Ϯϳ ϰϮ ϳϬ ϴϬ ^ůŝĚĞ͗ϭϮ džƉĞĐƚĂƚŝŽŶƐĨŽƌϮϬϭϬ ͻ ƵƐŝŶĞƐƐĞŶǀŝƌŽŶŵĞŶƚ ʹ hŶĐĞƌƚĂŝŶďƵƐŝŶĞƐƐĐůŝŵĂƚĞ ʹ ^ĞĂƐŽŶĂůĨůƵĐƚƵĂƚŝŽŶƐ ʹ ŝƐƌƵƉƚŝ

  7. Slide 7: Norwegian offers 238 routes to 93 destinations

    EŽƌǁĞŐŝĂŶŽĨĨĞƌƐϮϯϴƌŽƵƚĞƐ ƚŽϵϯĚĞƐƚŝŶĂƚŝŽŶƐ EŽƌǁĞŐŝĂŶŝƌ^ŚƵƚƚůĞ^ DĂŝůŝŶŐĂĚĚƌĞƐƐ W͘K͘Ždžϭϭϯ EŽʹ ϭϯϯϬ&ŽƌŶĞďƵ sŝƐŝƚŝŶŐĂĚĚƌĞƐƐ KŬƐĞŶƆLJǀĞŝĞŶϯ dĞůĞƉŚŽŶĞ нϰϳϲϳϱϵϯϬϬϬ dĞůĞĨĂdž нϰϳϲϳϱϵϯϬϬϭ /ŶƚĞƌŶĞƚ ǁǁǁ͘ŶŽƌǁĞŐŝĂŶ͘ĐŽŵ KƌŐĂŶŝnjĂƚŝŽŶŶƵŵďĞƌ EKϵϲϱ ϵϮϬϯϱϴDs

Norwegian Air Shuttle — Q1 2010 Earnings Presentation on 6ix